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Selling apartment but no strata title, No strata title. how
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TSBaseMod
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 Aug 23 2020, 05:01 PM, updated 6y ago
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Getting Started
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So im in the process of helping a relative to sell an apartment. We were waiting for SnP of the property(believing that was all needed to sell the property) for a few months now due to maybank's incompetence and we just figured out through a realtor that we cannot sell anything without a strata title. My question is, is the process of getting a strata title tedious and long? The realtor advised us to go get it our own via lawyers instead of relying on the bank to find it for us. I read up online and it takes at least 3 months if ur lucky to ge it. What was ur experiences?
This post has been edited by BaseMod: Aug 23 2020, 05:02 PM
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TSBaseMod
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Aug 23 2020, 05:31 PM
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Getting Started
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QUOTE(mini orchard @ Aug 23 2020, 05:13 PM) Any strata apartment can be sold without the title. How does Maybank's incompetence to do with selling the unit ? WEll they suppose to hold the copy of s&p but they told us the other day they it isn't with them when we are paying loan to them every month lol QUOTE(Noryume @ Aug 23 2020, 05:17 PM) Where is your copy of the S&P? Lost etc. QUOTE(ketnave @ Aug 23 2020, 05:21 PM) If it's a new apt then you will have to wait for the developer to apply for it. If it's an old apt ... then ... wish you luck ... https://www.theedgemarkets.com/article/know...ts-significanceits about 17 years old. Yeah I guess we're screwed. |
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TSBaseMod
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Aug 24 2020, 06:46 AM
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Getting Started
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QUOTE(AskarPerang @ Aug 24 2020, 01:39 AM) Is the developer still around? Or already inactive or bankrupt? Check on this website: https://www.brickz.my/Any recent transaction being recorded there? I have no idea, how can I find out who the developer was? Yes from jul2019 to sep2019. But what does it mean tho? |
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TSBaseMod
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Aug 24 2020, 10:28 AM
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Getting Started
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QUOTE(liyanakahar @ Aug 24 2020, 10:02 AM) last time i sold my apartment without strata title as well. How did you sell it? What documents did you have to sell it? |
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