Evidence of Title Evidence that title to a REO is held by the Trustee shall be submitted by the Servicer to the Master Servicer and, if applicable, to the Primary Mortgage Insurer and/or the Pool Insurer, within ten Business Days after marketable title to such REO has been acquired.
PARTICULARS OF TITLE Status of issuance of strata title has been confirmed at the time of issuance of this Proclamation of Sale The subject property is a three (3) bedroom apartment unit identified as Developer’s Parcel No: 12b, Storey Xx. 00, Xxxx Xxxxxx, Xxxxx Xxxxxx together with Accessory Parcel Car Parking Bay No. G-39 and bearing postal address of Xx. 00-00-00X, Xxxx Impian, Xxxxx Xxx Xxxxx Xxxx, 11600 Jelutong, Penang. The subject property will be sold on an “as is where is basis” and subject to a reserve price of RM360,000.00 (RINGGIT MALAYSIA THREE HUNDRED AND SIXTY THOUSAND ONLY) and subject to the Conditions of Sale and by way of an Assignment from the above Assignee subject to the approval being obtained by the Purchaser from the relevant authorities if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authorities. Subject to the terms and conditions stated in the Conditions of Sale, any arrears of quit rent, assessments, service/maintenance charges and any other outgoings which may be lawfully due to the relevant authorities up to the date of successful sale of the subject property shall be paid out of the purchase money. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful Purchaser. All intending bidders are required to deposit 10% of the fixed reserve price for the said property by Bank Draft or Cashier’s Order only in favour of HSBC BANK MALAYSIA BERHAD on the day of auction sale and the balance of the purchase money shall be paid by the Purchaser within ninety (90) days from the date of auction sale to HSBC BANK MALAYSIA BERHAD, failing which the deposit shall be forfeited by the Assignee/Bank at its absolute discretion. No extension of time will be allowed. Online bidders are further subject to the Terms and Conditions on xxxx.xxxxxxxx.xxx.xx. FOR FURTHER PARTICULARS, please contact M/S Ghazi & Lim, of 19th Floor, Plaza MWE, Xx. 0, Xxxxx Xxxxxxxx, 10200 Penang, Malaysia [Ref No: H96/17/JB/IBM/khr, Tel No: 00-0000000] Solicitors for the Assignee/Bank herein or the undermentioned Auctioneer Dalam menjalankan xxx xxx kuasa xxxx telah diberikan kepada Pihak Pemegang Serahhak/Bank dibawah Perjanjian Kemudahan, Suratikatan Penyerahhakan (Pihak Pertama) Xxx Surat Kuasa Wakil kesemuanya yang bertarikh 4 haribulan Mei, 2007 (selepas ini dirujuk sebagai ‘Dokumen Sekuriti’) diantara Pihak Pemegang Serahhak/Bank xxx Pihak Penyerahhak/Peminjam adalah dengan ini diisytiharkan bahawa Pihak Pemegang Serahhak/Bank tersebut dengan bantuan Pelelong yang tersebut dibawah Secara alternatif, penawar yang berminat boleh mengemukakan bidaan untuk Hartanah atas talian (“online”) melalui xxxxx web xxxx.xxxxxxxx.xxx.xx (Untuk bidaan atas talian, xxxx daftar sekurang-kurangnya satu (1) hari bekerja sebelum hari lelongan untuk tujuan pendaftaran & pengesahan) PENAWAR ATAS TALIAN ADALAH SELANJUTNYA TERTAKLUK KEPADA TERMA-TERMA XXX SYARAT-SYARAT DI xxxx.xxxxxxxx.xxx.xx NOTA: Xxxxx-xxxxx pembeli adalah dinasihatkan agar (i) memeriksa harta tersebut (ii)meminta nasihat dari Pihak Xxxxxx mengenai Syarat-Syarat Jualan (iii) membuat carian hakmilik secara rasmi di Pejabat Tanah xxx/atau xxxx-xxxx Pihak-pihak Berkuasa yang berkenaan (iv) serta membuat pertanyaan dengan Pihak Pemaju, Pemilik xxx/atau pihak-pihak xxxx xxxx berkenaan mengenai persetujuan untuk jualan xxx pemindahan subjek harta tersebut ini sebelum jualan xxxxxx xxx memeriksa /bertanya tentang undang-undang perumahan, waad atau persetujuan bersama, terma-terma yang terkandung di dalam Perjanjian Jual Beli yang xxxxx xxx xxx pernyataan berkenaan kesemua sumbangan / caruman xxx xxxx-lain bayaran yang mesti dibayar sebelum penawar boleh memiliki subjek harta tersebut. Selepas berjaya memperolehi harta tersebut, pembeli tersebut dikehendaki memohon kebenaran untuk pindahmilik dari pihak Pemaju xxx/atau xxxx-xxxx Pihak Berkuasa yang berkenaan, sekiranya ada xxx juga bertanggungjawab untuk mendapatkan kelulusan bagi pemindahan terus xxx/atau pemindahan-pemindahan daripada Pihak Pemaju xxx/atau Pihak-pihak Berkuasa sekiranya hakmilik individu/strata telah dikeluarkan (v) bahawa Harga Belian xxx xxxx lain xxxx xxxx dibayar berkaitan dengan lelongan awam ke atas Hartanah tersebut adalah tidak termasuk apa- apa cukai-cukai Kerajaan yang dikenakan ke atas pembayaran tersebut termasuk Cukai Penjualan xxx Perkhidmatan yang mesti dibayar oleh penawar yang berjaya. Status pengeluaran hakmilik strata sudah disahkan pada masa pengeluaran Perisytiharan Jualan ini.
Conveyance of Title Upon closing, Seller shall execute and deliver to Buyer a Patent, Grant Deed, or Quit Claim Deed conveying title to the Cabin/Home Site. Buyer shall also receive a Xxxx of Sale executed by the current owner of the Personal Property in form of Exhibit B, attached hereto. If Buyer and the owner of the Personal Property are identical, then the Xxxx of Sale shall be returned to said party.