I found useful information here:
QUOTE
http://bicaralegal.blogspot.com/2008/10/buying-property-how-long-does-it-takes.html
I guess no lawyers can guarantee how long will it takes for the transfer of name on the property to be completed, from the date of signing of the S&P. A lot of contributing factors to be considered:-
* how long does it takes for your lawyer to prepare the s&p?
* how long does it takes for the bank to issue instruction to their solicitor to prepare loan documents?
* how long does it takes for the developer to issue notice of confirmation? - if applicable
* how long does it takes for the land office to issue their consent? - if applicable
* how long does it takes for the current bank to issue redemption statement?
* how long does it takes for the assessment notice to be issued by LHDN?
* how long does it takes for the new bank to release redemption sum?
* how long does it takes for the current bank to release original title/ discharge of charge/ duplicate charge/ receipt & reassignment?
* how long does it takes for the land office to register the MOT?
* how long does it takes for the new bank to release the balance payment?
I guess no lawyers can guarantee how long will it takes for the transfer of name on the property to be completed, from the date of signing of the S&P. A lot of contributing factors to be considered:-
* how long does it takes for your lawyer to prepare the s&p?
* how long does it takes for the bank to issue instruction to their solicitor to prepare loan documents?
* how long does it takes for the developer to issue notice of confirmation? - if applicable
* how long does it takes for the land office to issue their consent? - if applicable
* how long does it takes for the current bank to issue redemption statement?
* how long does it takes for the assessment notice to be issued by LHDN?
* how long does it takes for the new bank to release redemption sum?
* how long does it takes for the current bank to release original title/ discharge of charge/ duplicate charge/ receipt & reassignment?
* how long does it takes for the land office to register the MOT?
* how long does it takes for the new bank to release the balance payment?
This post has been edited by leongal: Oct 26 2009, 09:22 PM
Oct 26 2009, 09:00 PM
Quote
0.0152sec
0.48
6 queries
GZIP Disabled