Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 complicated property settlement- joint partner ko

views
     
TSnxtpg
post Apr 2 2023, 03:01 PM, updated 3y ago

On my way
****
Junior Member
601 posts

Joined: Mar 2013
how do one proceed when the property is having some complicated situation such as below....

Joint name A and B
B passed away. B's portion transfered to C&D (B parents). A refused to buy over C& D share.... 10 years have passed. C & D also deceased- no claims we made by C&D beneficiary as they are not interested.

Now A also cannot sell the property.

Property is now under A and C&D( deceased)


In this situation, what will happen to the property?






elimi8z
post Apr 2 2023, 03:26 PM

Enthusiast
*****
Junior Member
940 posts

Joined: Dec 2007
From: Shah Alam,Selangor


Lol, C & D beneficiary not interested? If they no interested then ask them sign waiver and transfer the shares to A lor. No matter what A has to buy B’s shares. Early2 don’t wanna kautim, wait until so messy then wanna take action
Donidoni
post Apr 2 2023, 03:33 PM

Getting Started
**
Junior Member
169 posts

Joined: May 2020
From: Kuala Lumpur


Are you sure C&D's beneficiaries not interested? Free money also don't want? Something not right here.
TSnxtpg
post Apr 2 2023, 03:33 PM

On my way
****
Junior Member
601 posts

Joined: Mar 2013
QUOTE(elimi8z @ Apr 2 2023, 03:26 PM)
Lol, C & D beneficiary not interested? If they no interested then ask them sign waiver and transfer the shares to A lor. No matter what A has to buy B’s shares. Early2 don’t wanna kautim, wait until so messy then wanna take action
*
yes. true. A is kind of a problematic person.
TSnxtpg
post Apr 2 2023, 03:36 PM

On my way
****
Junior Member
601 posts

Joined: Mar 2013
QUOTE(Donidoni @ Apr 2 2023, 03:33 PM)
Are you sure C&D's beneficiaries not interested?  Free money also don't want?  Something not right here.
*
too messy to deal with A. and to transfer the deceased property will also cost $$$. And still there could be other cost involved bcse its almost 15 years now eg maintenance fees, even strata tittle transfer from developer pending
Donidoni
post Apr 2 2023, 03:47 PM

Getting Started
**
Junior Member
169 posts

Joined: May 2020
From: Kuala Lumpur


QUOTE(nxtpg @ Apr 2 2023, 03:36 PM)
too messy to deal with A. and to transfer the deceased property will also cost $$$.  And still there could be other cost involved bcse  its almost 15 years now eg maintenance fees, even strata tittle transfer from developer pending
*
If outstanding maintenance fees are HIGH ENOUGH, the management office may demand payments from the owners through the court. If still no payments, owners will be declared bankrupt. This is assuming the property is free from loans.
TSnxtpg
post Apr 2 2023, 03:59 PM

On my way
****
Junior Member
601 posts

Joined: Mar 2013
QUOTE(Donidoni @ Apr 2 2023, 03:47 PM)
If outstanding maintenance fees are HIGH ENOUGH, the management office may demand payments from the owners through the court.  If still no payments, owners will be declared bankrupt.  This is assuming the property is free from loans.
*
yes but they can demand from A only now.... not the deceased
PAChamp
post Apr 3 2023, 01:25 PM

Regular
******
Senior Member
1,159 posts

Joined: Jan 2022
Does A want to sell the property or buy over C & D's shares? The ball is in A's court. If A does not want to do anything then property in twilight zone.
gks
post Apr 3 2023, 03:30 PM

Look at all my stars!!
*******
Senior Member
3,836 posts

Joined: May 2008
Deleted


This post has been edited by gks: Apr 3 2023, 10:52 PM
888-Alien
post Apr 3 2023, 03:42 PM

Getting Started
**
Junior Member
132 posts

Joined: Oct 2022
QUOTE(elimi8z @ Apr 2 2023, 03:26 PM)
Lol, C & D beneficiary not interested? If they no interested then ask them sign waiver and transfer the shares to A lor. No matter what A has to buy B’s shares. Early2 don’t wanna kautim, wait until so messy then wanna take action
*
Any outstandings?
TSnxtpg
post Apr 3 2023, 03:44 PM

On my way
****
Junior Member
601 posts

Joined: Mar 2013
QUOTE(gks @ Apr 3 2023, 03:30 PM)
Follow land law if no will is made, B ownership is transferred to A when B is deceased.

This property must be dem lousy until noone want to claim ownership
*
no.b ownership is transferred to c &d whom r now deceased. no one is claiming c & d portion now...
rumahwip
post Apr 3 2023, 04:46 PM

Regular
******
Senior Member
1,102 posts

Joined: Dec 2016
so, waht is the conclusion?
elimi8z
post Apr 3 2023, 04:47 PM

Enthusiast
*****
Junior Member
940 posts

Joined: Dec 2007
From: Shah Alam,Selangor


QUOTE(888-Alien @ Apr 3 2023, 03:42 PM)
Any outstandings?
*
Ask TS la
WaCKy-Angel
post Apr 3 2023, 04:49 PM

PeACe~~
*********
All Stars
21,963 posts

Joined: Dec 2004
From: KL



QUOTE(gks @ Apr 3 2023, 03:30 PM)
Follow land law if no will is made, B ownership is transferred to A when B is deceased.

This property must be dem lousy until noone want to claim ownership
*
Which country u staying bro?
akidos
post Apr 3 2023, 04:50 PM

On my way
****
Junior Member
606 posts

Joined: Apr 2008



QUOTE(nxtpg @ Apr 2 2023, 04:01 PM)
how do one proceed when the property is having some complicated situation such as below....

Joint name A  and B
B passed away. B's portion transfered to C&D (B parents).  A refused to buy over C& D  share.... 10 years have passed. C & D also deceased- no claims we made by C&D beneficiary as they are not interested.

Now A also cannot sell the property.

Property is now under A and C&D( deceased)
In this situation, what will happen to the property?
*
C&D not interested or not aware ?

You need to appoint a lawyer to the next of kin and get the ownership transferred . but how are you going to sell when there's no strata title ?
gks
post Apr 3 2023, 10:53 PM

Look at all my stars!!
*******
Senior Member
3,836 posts

Joined: May 2008
QUOTE(WaCKy-Angel @ Apr 3 2023, 04:49 PM)
Which country u staying bro?
*
Checked my understanding is incorrect. Thanks for alerting.
Sir_Jim
post Apr 4 2023, 07:52 AM

On my way
****
Junior Member
529 posts

Joined: May 2020
QUOTE(nxtpg @ Apr 2 2023, 03:01 PM)
how do one proceed when the property is having some complicated situation such as below....

Joint name A  and B
B passed away. B's portion transfered to C&D (B parents).  A refused to buy over C& D  share.... 10 years have passed. C & D also deceased- no claims we made by C&D beneficiary as they are not interested.

Now A also cannot sell the property.

Property is now under A and C&D( deceased)
In this situation, what will happen to the property?
*
Get A to find a lawyer and talk to C & D, if they really don't want it, ask them sign on the dotted line to transfer the title to A.. Maybe need pay C&D some money for that.
kbandito
post Apr 4 2023, 10:15 AM

Regular
******
Senior Member
1,184 posts

Joined: May 2005


QUOTE(Sir_Jim @ Apr 4 2023, 07:52 AM)
Get A to find a lawyer and talk to C & D, if they really don't want it, ask them sign on the dotted line to transfer the title to A.. Maybe need pay C&D some money for that.
*
Lawyer don't work in this case, you need a bomoh.
Read again.
TSnxtpg
post Apr 4 2023, 11:36 AM

On my way
****
Junior Member
601 posts

Joined: Mar 2013
QUOTE(kbandito @ Apr 4 2023, 10:15 AM)
Lawyer don't work in this case, you need a bomoh.
Read again.
*
haha...
elimi8z
post Apr 4 2023, 04:44 PM

Enthusiast
*****
Junior Member
940 posts

Joined: Dec 2007
From: Shah Alam,Selangor


QUOTE(kbandito @ Apr 4 2023, 10:15 AM)
Lawyer don't work in this case, you need a bomoh.
Read again.
*
Ask ppl but you also no read, C & D got beneficiary, why use bomoh?

soulmixx
post Apr 5 2023, 08:22 AM

Getting Started
**
Junior Member
174 posts

Joined: May 2010
the best way is to rent to someone and collect rent income till end of his life.. if u is his heir then u continue to collect rent as side income because nobody will claim that property brows.gif brows.gif

 

Change to:
| Lo-Fi Version
0.0242sec    0.21    5 queries    GZIP Disabled
Time is now: 24th December 2025 - 03:07 AM