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How to claim back unutilised sinking fund?, After selling a subsale unit
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TSgoolie
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 Aug 29 2022, 03:58 AM, updated 4y ago
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I have sold my property to a buyer and SPA signed in September last year. Lawyer has also receive a letter from management office stating that the total unutilised sinking fund RM490 (my portion) and stating that it is transferable to new purchaser.
Lawyer has also contact the buyer to transfer the stated unutilised sinking fund to me but till today i still didnt get back any payment from buyer after so many reminders given. What action can i take to claim the arrears of sinking fund?
This post has been edited by goolie: Aug 29 2022, 10:35 AM
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tokwae
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Aug 29 2022, 06:20 AM
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New Member
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Say bye bye to that 490
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forever1979
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Aug 29 2022, 07:38 AM
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REALLY ?
i dont know the sinking fund can be 'transferable' and can claim from the buyer ?
any more lawyer or expert to confirm this ?
'
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mini orchard
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Aug 29 2022, 08:46 AM
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QUOTE(goolie @ Aug 29 2022, 03:58 AM) I have sold my property to a buyer and SPA signed in September last year. Lawyer has also receive a letter from management office stating that the total unutilised sinking fund RM490 (my portion) and stating that it is transferable to new purchaser. Lawyer has also contact the buyer to make payment to me for the stated unutilised sinking fund but till today i still didnt get back any payment from buyer after so many reminders given. What action can i take to claim the arrears of sinking fund? Your selling price should have included all those 'miscellaneous' monies .... eg agent's commission, all advance payments and things of value which seller have no intention to remove. Is petty to 'demand' for such payment after signing SnP. |
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LazyCat666
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Aug 29 2022, 12:10 PM
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Getting Started
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Why don't you ask management to refund to you directly??
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TSgoolie
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Aug 29 2022, 01:08 PM
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Management office said they are collecting the money on behalf but not for them to refund sinking fund. Can i know which unit in government department should i go to?
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SUSStupidGuyPlayComp
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Aug 29 2022, 04:55 PM
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you paid the sinking fund for the past, why they need to refund you?
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TSgoolie
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Aug 30 2022, 12:50 PM
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Finally settled! My lawyer has helped to chase the agent and get the buyer make payment to me already.
This post has been edited by goolie: Aug 30 2022, 01:02 PM
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