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 Ask me anything on legal matters, Subsales, loan, tenancy, will, divorce

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Aldo-Kirosu
post Nov 10 2023, 03:26 PM

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QUOTE(westlife @ Nov 10 2023, 09:26 AM)
how long does it take for a individual title landed property spa process to complete in johor normally?
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Freehold or leasehold? Bumi lot or non bumi lot? Even with freehold, is it freehold, the land title have mentioned any sekatan?

Freehold individual without restrictions normally 2 to 3 month.

Freehold with restrictions & leasehold normally take 5 to 6 month.
Aldo-Kirosu
post Nov 10 2023, 04:31 PM

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QUOTE(westlife @ Nov 10 2023, 04:14 PM)
Free hold and non-bumi lot…

Normally the 2 to 3 months is mostly 2 months for most cases or 3 months?

I need to rent a unit after I hand over my house so I need to look for a unit one month before that.
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It's depend on the lawyer efficiency and government department. If you want to be safer planning, alway estimated longer time period. As now deepavali nearby already, and at the year end timing. A lot people start cleaning their annual leave and a lot holiday. So it's not guarantee what is the excatly timing. If you are rushing and want to minimise your lose. Then I suggest you can push your lawyer side maybe 1 week follow up 3 time, Monday, Wednesday, and Friday.
Aldo-Kirosu
post Dec 15 2023, 11:35 AM

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QUOTE(wanna be hi-tech @ Dec 12 2023, 07:05 PM)
Hi boss, if double property transfer is made under auction sale, who pays the tranfer fee ?

2nd purchaser pays for both or only the transfer from 1st purchaser to 2nd ? Thanks.
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Both transfer born by Auction unit winner.

Example spa 1m
Auction win price 500k

So 1st transfer based on spa
Second transfer based on winning price or market value valuation.

Better make it faster, double transfer take longer time to process, so hope you can done it within 90 /120 day to avoid the late payment charges

 

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