Bank wants to Caveat the master title? The liquidator won't allow any caveat because they are in the process of applying strata.

I don't not have this problem before sold one of my 1222sf in April and last month I received the full amount.

Which bank you got the loan from? Stick to PBB u'll be safe, trust me : ))

"I think the lawyer are concerning on the Caveat problem that the bank will usually ask for the "explanation" before they are about to release the fund to you. "

This is what i know.

Not all developers / liquidators allow caveat. Imagine 1700 units half of the units financier wants to caveat? It will be a very tidy job to remove the caveat one by one. There are no caveat in bkt OUG now. You need a lawyer which is familiar with the bkt oug documentations. GL

My lawyer actually put in this clause:

The vendor hereby expressly undertakes to procure a written clarification/explanation from the developer/the liquidator in the event that there is/are caveat(s) lodged by others.

My SnP actually stucks here because the lawyer who represents the vendor does not agree this term as he said this was not their duty.

Haha I think the vendor lawyer really 'tor 9 yu'

The vendor r selling the house, it is not important anymore whether there are any caveat on the title. But there are caveats, last seen the title is 2yrs ago. Now maybe all clean adi. You check with HLB LerLum see if they willing to issue such letter. LerLum's contact 03-27768000.

You call now!! Don't wait for lawyer, not all are good. Some are pure trouble makers.

Aiyo.....now your wife oso come to B.OUG...now your family monopoly b.oug condo liao...........

Is this part really necessary? In my case as long as the liquidator issues the confirmation letter, then can jalan dy...Maybe you should be worried if the vendor's bank (UOB?) did a caveat, but I doubt so in the case of Bukit OUG. So I think your lawyer might be barking on the wrong tree.

I think she is just acting for my interest, just in case.

All other terms and conditions are accepted by both side, only left this.

Haha dai dee Kor, I use her name oso last time. But now she oso want half share jor. Sien lor I make less

I dun think the liq allow anymore caveat to master title, since the process of apply strata title in progress. Try talk to liq, c how to continue....otherwise wait for strata title come out first and then continue again.

But that time maybe the price will different a bit....

Haha, I don't know also. Anyone can explain what is caveat more ? I know it is to file to jabatan tanah to freeze selling the property.

Mind to share ?

haha...lucky she want half share oniiii.....if i am she, i will eat all share liao......

recently....where to "fat choi"?

Haha, definitely not as cheap as yours la dai gor, but still can make profit after monthly maintenance based on the rental asking prices now.

What is "tor 9 yu" ? The problem lies with my lawyer or vendor's lawyer ?

Vendor's lawyer said it was not the seller responsibility.

Whereas my lawyer said it is seller one.


This post has been edited by alpinev18: Aug 9 2012, 09:43 PM

Dear Bukit OUG Taikors,

I am a property agent cum owner for Bukit OUG Condominium. Should you have any units for sale/rental, feel free to contact me at 012-4433711 or pm me. We have a team which provides efficient service and ensures quality service. Besides, we always keep ourselves abreast with the latest developments around Bukit OUG area and have closed multiple cases before.

Thanks.

So, if i encourther problem, can i ask you to help or not ?

Any owner plan sale off? What the market for b. Oug now? Pls pm me plan have buy a condo . Thanks

studio 775sf at $260/psf. ( High floor , pool view ,north facing)

This post has been edited by FANAMATION: Aug 11 2012, 08:27 PM

Can la bro. What problem you face?

When can u arrange for viewing ?

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Added on August 12, 2012, 10:11 amAny good contractor to recommend ? I plant to replace parquet, door frame, reprint the whole unit.

This post has been edited by alpinev18: Aug 12 2012, 10:11 AM