STRATA TITLE. Strata Title of the property is has not been issued. The property will be sold on an “as is where is” basis, subject to a reserve price of RM120,000.00 (RINGGIT MALAYSIA ONE HUNDRED AND TWENTY 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 contact Messrs. Xxxx Xxxx, Ng & Co., Solicitors for the Assignee herein whose address is at Xxxxx 00.00, Xxxxx 00, XX Xxx...
STRATA TITLE. Title Particulars: Geran 237513/M2/2/75 Lot 78929, Mukim of Senai, District of Kulai, State of Johor Darul Takzim (Parcel No. 75, Storey Xx. 0, Xxxxxxxx Xx. M2) Tenure: Freehold Express Condition: i) “Tanah ini hendaklah digunakan untuk sebuah Rumah Pangsa Kos Rendah, dibina mengikut xxxxx xxxx diluluskan oleh Pihak Berkuasa Tempatan yang berkenaan” ii) “Segala kekotoran xxx pencemaran akibat daripada aktiviti ini hendaklah disalurkan / dibuang ke tempat- tempat yang telah ditentukan oleh Pihak Berkuasa Berkenaan” iii)“Segala dasar xxx syarat yang telah ditetapkan xxx dikuatkuasakan dari semasa ke semasa oleh Pihak Berkuasa Berkenaan hendaklah dipatuhi” Restriction-In-Interest: “Apabila bangunan bertingkat yang didirikan di atas tanah ini telah dipecah bahagikan xxx hakmilik strata didaftarkan, tuanpunya xxxxx bangunan selepas (Nama Pemaju…..) tidak boleh menjual/memajak ataupun memindahmilik xxxxx bangunan ini dengan apa cara sekalipun, temasuklah dengan cara menggunakan segala surat perjanjian yang bertujuan untuk melepaskan /menjual xxxxx bangunan ini 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...
STRATA TITLE. Title Particulars: PN 44263, Lot 28412, Mukim of Setul, District of Seremban, State of Negeri Sembilan. Tenure: 99 years leasehold expiring on 04/08/2105 Express Condition: “Tanah ini hendaklah digunakan untuk banguan perniagaan sahaja.” Restriction-In-Interest: “Tanah yang diberimilik ini tidak boleh dipindahmilik, dipajak, digadai melainkan dengan kebenaran bertulis daripada Pihak Berkuasa Negeri.” Note : The obligation of obtaining Developer’s Consent shall be on the bidder 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: RM110,000.00 Note: Prior 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 Xxx Xxxx Xxxx & Co, Solicitors for the Assignee/Bank of No. 23A, Tingkat 1 & 2, Dataran Millenia, Xxxxx Xxxxxxxxxxxxxx, 70200 Seremban, Negeri Sembilan Darul Khusus. (Ref No: SN/FA/TL/FA-CIMB(SCC)/25064/2023 (Mantin), ...
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
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