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 House selling at low market price, Can it be cancelled?

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nookie188
post Nov 7 2018, 02:05 PM

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QUOTE(mrtiny @ Nov 7 2018, 10:51 AM)
i also dont know la. feel very hopeless now.

i signed first the paper which agent ask signed.

The i signed the lawyer paper because.......they told me if i forfeit the first which agent bring i have to go to court.

So i signed. Huhu.

Now just waiting for the money. Because i ask the lawyer she said pejabat tanah consent already pass.

Now for the loan.

Im so freaking stupiiiiidddd...
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if no money paid - cancel immediately lor..you mean no 2% or 3% deposit paid to you ka?

Balance of 10% got pay to you upon signing sales and purchase agreement or not?


no consideration given (ie money) so agreement tak boleh jalan

This post has been edited by nookie188: Nov 7 2018, 02:05 PM
nookie188
post Nov 7 2018, 02:49 PM

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QUOTE(mrtiny @ Nov 7 2018, 02:46 PM)
that is one more thing, the deposit only paid almost 3%. But upon signing the SPA no money paid. I mean the 7%. Then what should i do now?
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Ok if you want to cancel - quickly inform in writing but you have to return the deposit and pay a penalty of the same amount to buyer..
are you represented by your own lawyer ? if so inform your lawyer if you want to abort the deal

This post has been edited by nookie188: Nov 7 2018, 02:50 PM
nookie188
post Nov 7 2018, 02:55 PM

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QUOTE(mrtiny @ Nov 7 2018, 02:51 PM)
u mean pay the 3% rite? of which 1.5% i get and the 1.5% the agent take 1st. she said later when get money she take more. hahahaa. i have no lawyer. only the lawyer who pushed me to sign the SPA.
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yes..agent have to return the 1.5% either to you or direct to buyer..

so you are using the buyers lawyer ..well got talk to him if you decide to abort and see what he says..

normally the booking form will state clearly what if you change your mind..

Under the law upon signing spa you MUST get the balance of 10% (ie 10% minus deposit received)..
nookie188
post Nov 7 2018, 03:09 PM

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QUOTE(mrtiny @ Nov 7 2018, 02:59 PM)
u sure about the law of which i must get the 10%? should i ask that to that freaking lawyer?

and say 'kak, u should pay me the balance 7% rite?' bangwall.gif
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yes lah...100% sure .if not you can google for it
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