STRATA TITLE. Strata Title to the property has not been issued. The property will be sold on an “as is where is” basis, subject to a reserve price of RM450,000.00 (RINGGIT MALAYSIA FOUR HUNDRED FIFTY 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 xxx.xxxxxxxxxxxxxxxx.xxx 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 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. Settlement of the balance purchase price: The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale by Bank Draft or Cashier’s Order drawn in favour of Malayan Banking Berhad or by way of XXXXXX directly into the account of Malayan Banking Berhad. For further particulars, please apply to Messrs. Xxxxxx, Xxxxx & Co., Solicitors for the Assignee whose address for service at No. D-8-8, 8th Floor, Block D Meg...
STRATA TITLE. Title Particulars: Pajakan Negeri 37641/M1/4/27, Lot 18348, Town of Johor Bahru, District of Johor Bahru, State of Johor Darul Takzim. (Building No. M1, Storey Xx. 0, Xxxxxx Xx. 00) Tenure: Leasehold 99 years expiring on 20/6/2085 Express Condition: Nil Restriction-In-Interest: “Tanah yang terkandung di dalam hakmilik ini apabila sahaja bertukar miliknya kepada seorang Bumiputera maka tidak boleh terkemudian daripada itu dijual, dipajak atau dipindahmilik dengan apa cara sekalipun kepada orang bukan Bumiputera tanpa persetujuan Pihak Berkuasa Negeri” PROSPECTIVE BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. The Property will be sold by way of auction through the Auctioneer. The rights, title and interests to the Property will be conveyed to the Successful Purchaser upon completion of the sale. The Lender gives no warranty as to the accuracy or correctness of the information and statements contained in this Proclamation of Sale and the Conditions of Sale or as to the state or condition of the Property other than that the Lender is the lawful and beneficial assignee of the Property. Save as aforesaid, no representation/warranty is made by or implied against the Lender. The Assignee/Bank wherever mentioned in this Proclamation of Sale shall mean the Assignee/Bank and/or any financial institution’s, business, assets and liabilities which were transferred to and/or vested in and/or held by the Assignee/Bank and/or any financial institution which changed its name to the Assignee/Bank and that any existing agreement to which the financial institution was a party shall have effect as if the Assignee/Bank had been a party thereto. The full details of the above may be obtained from the Assignee/Bank upon request. Reserve Price: RM150,000.00 Note: to the auction sale, all intending bidders are advised to:- (i) inspect the property; (ii) conduct land searches (official as well as private); (iii) make relevant enquiries with the developer, landowner and/or appropriate authorities; and (iv) obtain from the Auctioneer a copy of the Conditions of Sale. For further particulars, please apply to Messrs Lim & Hooi, Solicitors for the Assignee/ Bank of 00, Xxxxx Xxxxxx, Xxxxxx Xxxxx Xxxxx, 00000 Xxxxx Xxxxx, Xxxxx. (Ref No: HSH/AS/SCR/BCB(JB)/FC/5431...
STRATA TITLE. Title Particulars: Geran 571110/L44, Lot 216261, Mukim of Plentong, District of Johor Bahru, State of Johor. (Parcel No. L44) Tenure: Freehold Express Condition: i) “Tanah ini hendaklah digunakan untuk Lot Perumahan Berstrata, dibina mengikut xxxxx xxxx diluluskan oleh Pihak Berkuasa Tempatan yang berkenaan.” ii) “Segala kekotoran xxx pencemaran akibat daripada ini hendaklah disalurkan ke tempat-tempat yang telah ditentukan oleh Pihak Berkuasa Tempatan yang berkenaan.” iii) “Segala dasar xxx syarat yang ditetapkan xxx dikuatkuasakan dari semasa ke semasa oleh Pihak Berkuasa Berkenaan hendaklah dipatuhi.” Restriction-In-Interest: i) “Tuanpunya tanah tidak dibenarkan menjual unit-unit (parcel) bangunan yang akan dibina di atas tanah ini melainkan banguan telah mula dibina mengikut xxxxx xxxx diluluskan oleh Pihak Berkuasa Tempatan yang berkenaan.” ii) “Xxxxx-xxxxx bangunan yang didirikan di atas tanah ini apabila sahaj bertukar miliknya kepada seorang Bumiputera/Syarikat Bumiputera maka tidak boleh terkemudian daripada itu dijual, dipajak atau dipindahmilik daripada apacara sekalipun kepada orang Bukan Bumiputera/Syarikat Bukan Bumiputera tanpa persetujuan Pihak Berkuasa Negeri.” iii) “Xxxxx-xxxxx bangunan yang didirikan di atas tanah ini tidak boleh dijual atau dipindahmilik dengan apacara sekalipun kepada Bukan Warganegara/Syarikat Asing tanpa persetujuan Pihak Berkuasa Negeri.” INTENDING BIDDERS ARE ADVISED TO INSPECT THE PROPERTY AND CONDUCT AND RELY ON THEIR OWN SEARCHES, ENQUIRIES, INVESTIGATIONS AND VERIFICATIONS ON THE ACCURACY AND CORRECTNESS OF THE PARTICULARS AND INFORMATION PROVIDED AND TO TAKE PROFESSIONAL ADVICE IN THAT REGARD PRIOR TO THE AUCTION. The Property will be sold by way of auction through the Auctioneer. The rights, title and interests to the Property will be conveyed to the Successful Purchaser upon completion of the sale. The Assignee/Financier gives no warranty as to the accuracy or correctness of the information and statements contained in this Proclamation of Sale and the Conditions of Sale or as to the state or condition of the Property other than that the Assignee/Financier is the lawful and beneficial assignee of the Property. Save as aforesaid, no representation/warranty is made by or implied against the Assignee/Financier. The Assignee/Financier wherever mentioned in this Proclamation of Sale shall mean the Assignee/Financier and/or any financial institution’s business, assets and liabilities which were transferred to and/o...
STRATA TITLE. A strata title is a certificate of title for a lot and a share in the common property in a strata scheme set up under the Strata Titles Act 1985. Buying a strata titled unit, flat or apartment (called a lot) gives you the right to own the space inside the walls of your lot, but may include parts of the building and land if that is shown on the strata plan, and also gives you the right to use areas that are designated as common property. Depending on the strata scheme, common property may include the exterior walls, roof, driveway and courtyards. Common property may also include shared facilities, such as laundries or swimming pools, stairwells and lifts. Before buying a strata unit, you need to see a copy of the strata plan to see what you will own and what is common property. This can be determined by viewing the ground floor page of the strata plan. As an owner of a strata titled lot, you would be subject to a number of duties and restrictions, including: • becoming a member of the strata company (previously called the body corporate), which entitles you to participate in its management; • being subject to any by-laws (or rules) of the strata company; • paying levies to administer the strata scheme, including insurance for the common property, maintenance and repair of the complex; and • eligibility to attend meetings to discuss and vote on issues, including expenses, for repairs and improvements to the complex. Strata information you must be given Before you buy a strata titled property, the property seller must (amongst other things) give you the following. • A form called Disclosure Statement: Sale of Strata Titled Lot or Proposed Strata Titled Lot (Form 28). Form 28 sets out a list of all the information you should receive before buying a strata titled property and your rights if you do not receive the information. • A form called Buying and Selling a Strata Titled Lot (Form 29). Form 29 outlines your rights and obligations if you decide to become an owner of a strata titled property. • A copy of the strata plan, which indicates the lot being sold and provides information relating specifically to the lot. • A copy of the standard by-laws (and amendments) and any non-standard by-laws. Only if you are happy with the content of the forms should you sign the Disclosure Statement (Form 28). Signing the Disclosure Statement is not an offer or contract to buy the strata titled property - it simply shows that you have received and understood the information ...
STRATA TITLE. Title Particulars: Pajakan Negeri 72898/M2/1/42, Xxx 0000, Xxxxx xx Xxxxxxx Xxxxxx, Xxxxxxxx xx Xxxxx Xxxxx, Xxxxx of Johor (Building No. M2, Storey Xx. 0, Xxxxxx Xx. 00, Accessory Parcel No. 052) Tenure: 99 years leasehold expiring on 24th day of August, 2115
STRATA TITLE
