QUOTE(Jingle91 @ Oct 9 2023, 09:26 AM)
Up to the new buyer whether want to go contend in court or sign DMC and continue to pay fee to get access ID for his new house, if he want to go to court then the lawyer sure will inform him "Don't know" is not acceptable in court, and can't say I buy from aution and no one inform me bla bla bla, buy auction without using proper agent mean you already assume and undertake to accept this for any circumstances that are applied to new owner, so pls read T&C carefully. The buyer must sign DMC and pay fee to get the user ID for App and access RFID.
So play naive is not practical and at the expense of the new buyer only. So those who buy from auction must learn this kind of risk also
Like jadehill every year their legal team got case to handle also. Most of the owner end up will follow the rules. So far only one case go into chain of letter demand, and end up the rich owner still bend to it
Oh I see, normally auction buyer only signed Pos and LA, MOT letter. Since it not direct buy from developer so I though the DMC is not necessary to sign. Yeah didn't sign DMC doesn't mean people don't want to pay maintenance fee, so if the maintenance fee is the only concern then not worry people will still pay.
I mean if DMC stated 5year cannot renovation exterior, but the new owner (auction) want to renovation exterior due to 5year abandon the house is at poor condition. So without dmc restricted for new owner, and the dmc bond with old owner, so new owner doing the renovation should be not any obstacles?
Since if its individual title property with dmc.