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 Questions about getting 2nd hand property

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TSharrychoo
post Nov 1 2008, 08:09 PM, updated 18y ago

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From: Bolehland


I'm interested to get a 2nd hand condo. I have some doubts here.

1)
a) How to check whether current owner got any outstanding balance in management fees, electric, water bill etc?
By owner and management office itself?

b) Will my lawyer ensure all the bills and fees being settled by owner before ask me to sign SnP? Not very sure about the procedure.


2)
a) The condo already get the strata titles, but the current owner for that particular unit not yet go to apply.
So may i know is the strata title will directly transfer to my name when sign SnP? Or i have to apply myself after i get the house?

b) How much is the application fees?

c) What is the pros/cons getting an unit with strata title compare to without?


Thanks. smile.gif

gilabola
post Nov 2 2008, 06:20 AM

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You'll have to check yourself. Ask the owner for the latest paid bill. You can then check with TNB, syabas, indah water, etc to verify the balance.

The lawyer can help by inserting a clause in the S&P that the owner is responsible for all the utilities and maintenance payment until the property is handed over. The clause can also specify that the owner must show proof that payment has been made.

If I;m not mistaken, the developer has to apply for the strata not the individual owner. Without the strata, the master title is still in the developer's name.
TSharrychoo
post Nov 2 2008, 12:27 PM

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QUOTE(gilabola @ Nov 2 2008, 06:20 AM)
You'll have to check yourself.  Ask the owner for the latest paid bill.  You can then check with TNB, syabas, indah water,  etc to verify the balance.
Ya, i guess is easier to easier to ask from owner but afraid he will not reveal it. If ask management office, dun think they will reveal as well as this is confidential info.


QUOTE
The lawyer can help by inserting a clause in the S&P that the owner is responsible for all the utilities and maintenance payment until the property is handed over. The clause can also specify that the owner must show proof that payment has been made.


Note taken. Thanks.

QUOTE
If I;m not mistaken, the developer has to apply for the strata  not the individual owner. Without the strata, the master title is still in the developer's name.


Actually, a lot of other owners for other units already got their title, just that this owner not yet get it. (I dunno what is the exact term to be used)


 

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