Common use of Master Title Clause in Contracts

Master Title. Subsidiary Title of the property is yet to be issued. The property will be sold on an “as is where is” basis, subject to a reserve price of RM155,000.00 (RINGGIT MALAYSIA ONE HUNDRED FIFTY FIVE THOUSAND ONLY), subject to the Conditions of Sale and by way of an assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder (“the Purchaser”) from the developer/proprietor and relevant authorities, if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authority. All intending bidders are required to deposit a sum equivalent to 10% of the fixed reserve price by bank draft or cashier’s order in favour of Malayan Banking Berhad or remit the same through online banking transfer, one (1) working day before auction date with the undermentioned Auctioneer. Bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ on the manner of payment of the deposit. The Bank shall pay only the outstanding maintenance charges (including late penalty charges, sinking fund, quit rent and assessment) which is unpaid for up to a maximum of 6 years preceding the successful auction date, and subject always to a maximum amount as follows: • 50% of the reserve price for Commercial property • 100% of the reserve price for Residential property The Successful Purchaser shall submit evidence of the relevant payments in respect of maintenance charges, late penalty charges, sinking fund, quit rent and assessment by way of original receipt(s) and/or copy of the original receipt(s) duly certified by issuer of the said receipt(s) and itemized billing of the respective charges to the Assignee/Lender within ninety (90 days) from the date o f the auction sale. All outstanding charges incurred after the date of successful auction shall be borne by the Successful Purchaser. For the avoidance of doubt, in the event such receipt(s) and itemized billing are not submitted, any subsequent claims made thereunder will not be entertained by the Assignee/Lender. For further particulars, please apply to Messrs. ▇ ▇ Kulai & Co., Solicitors for the Assignee whose address for service at Unit No. 3.47, 3rd Floor, Kompleks Asia City, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇. (Ref.: JTK(KK)FOR-20/MBB(AQM)2730-MPLS/SZR-se, Tel.: ▇▇▇-▇▇▇▇▇▇ / ▇▇▇▇▇▇▇▇▇▇ (Office’s Mobile), Fax: ▇▇▇-▇▇▇▇▇▇) or the undermentioned Auctioneer. EHSAN AUCTIONEERS SDN. BHD. (Company No. 617309-U) DATO’ HAJI ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇.▇. ▇▇▇▇ (D.I.M.P) ▇▇▇▇▇ ▇-▇▇-▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇▇▇ II, / ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur (Licensed Auctioneers) Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇ Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇ Our Ref: ALIN/MBB1316/JTKC(2) Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, E-mail: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ HP NO. : ▇▇▇-▇▇▇▇ ▇▇▇ (CALL, WHATSAPP & SMS) PERISYTIHARAN JUALAN DALAM PERKARA PERJANJIAN KEMUDAHAN, PENYERAHAN HAK (PIHAK PERTAMA) ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ NOVEMBER, 2005 MALAYAN BANKING BERHAD (3813-K) ……PIHAK PEMEGANG SERAHHAK / PIHAK BANK NAZIRA BONJAMIN (NO K/P.: 821227-12-5130) PIHAK PENYERAHHAK/ PIHAK PEMINJAM Dalam menjalankan Kuasa ▇▇▇ ▇▇▇ ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Pihak Bank di bawah Perjanjian Kemudahan, Penyerahan Hak (Pihak Pertama) ▇▇▇ Surat Kuasa Wakil kesemuanya bertarikh 18hb November, 2005 di antara Pihak Pemegang Serahhak/Pihak Bank ▇▇▇ Pihak Penyerahhak/Pihak Peminjam, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Pihak Bank dengan dibantu oleh Pelelong yang tersebut di bawah:- AKAN MENJUAL HARTANAH YANG DIHURAIKAN DI BAWAH SECARA LELONGAN AWAM PADA 01HB SEPTEMBER, 2021, BERSAMAAN HARI RABU, JAM 3.00 PETANG, SECARA PEMBIDAAN DALAM TALIAN ▇▇ ▇▇▇▇▇ WEB

Master Title. Subsidiary Title of the property is yet to be has not been issued. The property will be sold on an “as is where is” basis, subject to a reserve price of RM155,000.00 (RINGGIT MALAYSIA ONE HUNDRED FIFTY FIVE THOUSAND ONLY), subject to the Conditions of Sale and by way of an assignment from the above Assignee/Bank subject to consent being obtained by the successful bidder (“the Purchaser”) from the developer/proprietor and relevant authorities, if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authority. All intending bidders are required to deposit a sum equivalent to 10% of the fixed reserve price by bank draft or cashier’s order in favour of Malayan Banking Berhad or remit the same through online banking transfer, one (1) working day before auction date with the undermentioned Auctioneer. Bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ on the manner of payment of the deposit. NOTE : BUMIPUTRA LOT The Bank shall pay only the outstanding maintenance charges (including late penalty charges, sinking fund, quit rent and assessment) which is unpaid for up to a maximum of 6 years preceding the successful auction date, and subject always to a maximum amount as follows: • 50% of the reserve price for Commercial property • 100% of the reserve price for Residential property The Successful Purchaser shall submit evidence of the relevant payments in respect of maintenance charges, late penalty charges, sinking fund, quit rent and assessment by way of original receipt(s) and/or copy of the original receipt(s) duly certified by issuer of the said receipt(s) and itemized billing of the respective charges to the Assignee/Lender within ninety (90 days) from the date o f of the auction sale. All outstanding charges incurred after the date of successful auction shall be borne by the Successful Purchaser. For the avoidance of doubt, in the event such receipt(s) and itemized billing are not submitted, any subsequent claims made thereunder will not be entertained by the Assignee/Lender. For further particulars, please apply Settlement of the balance purchase price: The balance of the purchase price is to Messrs. ▇ ▇ Kulai & Co., Solicitors for be settled within ninety (90) days from the Assignee whose address for service at Unit No. 3.47, 3rd Floor, Kompleks Asia City, date of auction sale by Bank Draft or Cashier’s Order drawn in favour of Malayan Banking Berhad or by way of ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇directly into the account of Malayan Banking Berhad. (Ref.: JTK(KK)FOR-20/MBB(AQM)2730-MPLS/SZR-se, Tel.: ▇▇▇-▇▇▇▇▇▇ / ▇▇▇▇▇▇▇▇▇▇ (Office’s Mobile), Fax: ▇▇▇-▇▇▇▇▇▇) or the undermentioned Auctioneer. EHSAN AUCTIONEERS SDN. BHD. (Company No. 617309-U) DATO’ HAJI ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇.▇. ▇▇▇▇ (D.I.M.P) ▇▇▇▇▇ ▇-▇▇-▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇▇▇▇▇ II, / ▇▇▇▇▇ ▇▇▇▇▇ BIN ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur (Licensed Auctioneers) Tel No.: ▇▇-▇▇▇▇ ▇▇▇▇ Fax No.: ▇▇-▇▇▇▇ ▇▇▇▇ Our Ref: ALIN/MBB1316/JTKC(2) Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, E-mail: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ HP NO. : ▇▇▇-▇▇▇▇ ▇▇▇ (CALL, WHATSAPP & SMS) PERISYTIHARAN JUALAN DALAM PERKARA PERJANJIAN KEMUDAHAN, PENYERAHAN HAK (PIHAK PERTAMA) ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ NOVEMBER, 2005 MALAYAN BANKING BERHAD (3813-K) ……PIHAK PEMEGANG SERAHHAK / PIHAK BANK NAZIRA BONJAMIN (NO K/P.: 821227-12-5130) PIHAK PENYERAHHAK/ PIHAK PEMINJAM Dalam menjalankan Kuasa ▇▇▇ ▇▇▇ ▇▇▇▇ telah diberikan kepada Pihak Pemegang Serahhak/Pihak Bank di bawah Perjanjian Kemudahan, Penyerahan Hak (Pihak Pertama) ▇▇▇ Surat Kuasa Wakil kesemuanya bertarikh 18hb November, 2005 di antara Pihak Pemegang Serahhak/Pihak Bank ▇▇▇ Pihak Penyerahhak/Pihak Peminjam, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Pihak Bank dengan dibantu oleh Pelelong yang tersebut di bawah:- AKAN MENJUAL HARTANAH YANG DIHURAIKAN DI BAWAH SECARA LELONGAN AWAM PADA 01HB SEPTEMBER, 2021, BERSAMAAN HARI RABU, JAM 3.00 PETANG, SECARA PEMBIDAAN DALAM TALIAN ▇▇ ▇▇▇▇▇ WEB