YOUR PERFECT LEGAL COMPANION
Joint Management Body enables Purchasers and Developer to jointly manage the buildings and common properties before the issuance of strata tittles and formation of Management Corporation. It is governed by the Building and Common Property (Maintenance and Management) Act, 2007.…
The following is the basic guideline for fledgling buyers who intend to purchase their very first real property in Malaysia. This guideline applies to those purchasing directly from the developer of the project: Once booking has been made with the…
Whenever you signed a tenancy agreement with a landlord, watch out for the some tricky clauses that may appear hidden and they are, 1st, watch out for the word ‘fixed term’ as this could mean that you aren’t able to…
The SRAO makes several important changes to the Solicitors’ Remuneration Order 2005 which establishes the amount of fees to be paid to a lawyer for handling a property transaction.This includes sales and purchase transaction, which is mostly developers transaction and…
To prevent the adverse effects of a property bubble and to attract genuine buyers rather than speculators,the Penang State Government has come out with their latest ruling in which come into effect on 1 February 2014, of imposing a 3% levy…
1. An easement is a right of way. A right where you can use or enter onto the real property of another person without possessing it (s.5 of the National Land Code 1965). 2. An express easement may be…
1. There are 4 types of caveats: Registrar’s Caveats, Private Caveats, Lien-holder’s Caveats and Trust Caveats. 2. A caveat is a notice given by a party concerning the title of land. It is a registration that claims you have an…
A land title is an important piece of document which proves the ownership of a property. Here are some of the things that you should know : 1. The solicitor who prepares the sale and purchase agreement will usually conduct…
If you are looking for a place to rent, here are some of the things that you should know. 1. The price is usually the main concern. How much are you willing to pay every month? How much do you…
How much do you know about stamping of documents? How much does a purchaser need to pay when buying a property? Here are some of the things that you should know: 1. It costs Rm10 for a Sale and Purchase…
Selling a house is just as difficult as buying one. Potential buyers can be demanding and it is not uncommon that they request for a lower price. Fret not, here are some useful tips for you!…
Interested in buying a property for the first time? Unsure of how legal fees work in regards to property purchase? Or are you just curious about the cost of legal fees when buying a property? Whatever your reasons may be,…
The Federal Court has ruled that construction of boom gates across public roads and guardhouses in residential areas are legal. A five-member panel chaired by Chief Judge of Malaya Tan Sri Zulkefli Ahmad Makinudin said regulated access to a defined…
With the recent news about the implementation of GST, BLR and any other new enforcement in the country, take note also that the Bank Negara Malaysia (BNM) has decided to increase the overnight Policy Rate (OPR) from 3.0% to 3.25%…
MRTA or MLTA: Which Do I Choose? Deciding to buy a new home is not a frivolous decision. It is a huge commitment and money sink and you’re likely to spend a good portion of your adult years…
BUYING A NEW HOME? NEED FINANCING? Purchasing a new home can be very costly. Fortunately for us, we can turn to the bank for a mortgage loan to help us out. Mortgage loans allow us to pay for a…
WHAT IS INDIVIDUAL TITLE AND STRATA TITLE? An individual title is for a property which has its own land and this usually means that the land itself is owned by the proprietor. Strata titles are generally for properties in a…
So you want to buy a property in Malaysia? Property types in Malaysia Malaysia, offers 3 major types of properties: residential properties, commercial properties and vacant land. Residential property Residential property wraps up a whole area of property types including…
Goods and Service Tax (GST) is likely to be implemented in Malaysia in April 2015. Implementation of GST in lieu of Sales Tax, will cause the home and property prices to increase invariably. The only similarity between GST and the…
According to Chief Minister of Penang, Lim Guan Eng, the new housing rules will help curbing property speculation. The new housing rules will be implemented from February 1, 2014. With state approval, first-time house buyers can sell their property in…