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 Developer Liquidated & No Strata Title, Whatelse I can do to sell?

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fms21
post Oct 16 2023, 11:39 PM

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QUOTE(forever1979 @ May 29 2023, 06:03 AM)
no strata title and no liquidator status is different.  the latter means developer wound up and no liquidator has been appointed ye. so basically cannot sell as no one sign off the confirmation status.

should be able to check from the SPA lawyer or the management office on who is the liquidator.

normally it should have the liquidator in most cases & normally liquidator will charge like 1%-3% on SPA price / Open market Value for perfecting the strata title.

my brother got the similar case, project in USJ 1 and he is doing the perfection of title and charge now after collection the key like year 2015...
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Why not follow standard charge for legal fees cost (perfection of transfer)..3% consider high..

Actually, who is liquidators?

 

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