PARTICULARS OF PROPERTY TITLE NO AND LOT NO : GM3415, Lot 20976 (formerly known as GM 3353, Xxx 00000) XXXXX / XXXXXXXX / XXXXX : Xxxxx 00, Xxxxxxxx xx Xxxxxxxx Xxxxx Xxxxxxx, Xxxxx of Penang FLOOR AREA : Approximately 1,101 square feet TENURE : Freehold DEVELOPER / PROPRIETOR : ECO Xxxxxxx Sdn. Bhd. / ECO Xxxxxxx Development Sdn. Bhd. ENCUMBRANCE : Assigned to Public Bank Berhad LOCATION AND DESCRIPTION OF THE PROPERTY The subject property is located on the level 27, a 33 storey building known as Pangsapuri Eco Bloom. The subject property is a unit of three (3) bedroom apartment identified as Developer’s Parcel No. 27-17 with Accessory Parcel Car Park No. CP-2- 71, CP-2-72, CP-2-73, ECO Bloom and bearing assessment address at Unit No. 27-17, Pangsapuri Eco Bloom, Tingkat Xxx Xxxxxxx 0, 14100 Simpang Ampat, Penang. RESERVE PRICE : RM450,000.00 The sale of the subject property may be subjected to any prevailing tax imposed by the Government of Malaysia. In the event that there is any prevailing tax payable, the selling price is excluding the same. The successful bidder shall, therefore be liable to pay the same (if any). The subject property will be sold on an “as is where is” basis, subject to a reserve price of RM450,000.00 (RINGGIT MALAYSIA FOUR HUNDRED AND FIFTY THOUSAND ONLY), subject to the Conditions of Sale and by way of an Assignment from the above Assignee subject to consent being obtained by the successful bidder (“the Purchaser”) from the relevant authorities, if any, including all terms, conditions, stipulations and covenants which were and may be imposed by the relevant authority. Any arrears of quit rent, taxes, assessment rates including service and maintenance charges which may be lawfully due to any relevant authorities up to the date of the auction sale shall be paid out of the purchase money upon receipt of full auction proceeds. Online bidders are further subject to the Terms & Conditions on xxxx://xxxx.xxxxxxxx.xxx.xx. The successful bidder shall be solely responsible to pay all the fee and charges imposed by the Liquidator / Developer (in liquidation) and comply with all procedures and documentation required by Liquidator / Developer (in liquidation).
Maintenance of Properties (a) Maintain, preserve and protect all of its material properties and equipment necessary in the operation of its business in good working order and condition, ordinary wear and tear excepted; (b) make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect; and (c) use the standard of care typical in the industry in the operation and maintenance of its facilities.
Description of Property A narrative description of the Real Estate, the improvements thereon and the tenants and Leases relating to such Real Estate.
Title and Characteristics of Property Seller, as of the date of execution of this Agreement, owns the Property in fee simple and has marketable and good title of public record and, in fact, the Property at Closing shall have the title status as described in Section VIII of this Agreement.
Conditions of Property a. The property is believed and shall be taken to be correctly described and is sold subject to all express and implied conditions, restrictions in interest, easements, common rights, leases, tenancies, occupiers, encroachment, trespass, nuisance, charges, liens, caveats, covenants, liabilities, encumbrances, all public and private rights of way, support, drainage, light and all other rights or other incidents (if any) subsisting thereon without any obligation arising for the Assignee/Bank to define the same respectively and any error, mis- statement, omission or mis-description discovered in the contract shall not annul the sale nor shall any compensation be allowed by or to either party in respect thereof. The Purchaser shall be deemed to have full knowledge of the state and condition of the property.
Treatment of Property All property purchased or furnished by DSHS for use by the Contractor during this Contract term shall remain with DSHS. Title to all property purchased or furnished by the Contractor for which the Contractor is entitled to reimbursement by DSHS under this Contract shall pass to and vest in DSHS. The Contractor shall protect, maintain, and insure all DSHS property in its possession against loss or damage and shall return DSHS property to DSHS upon Contract termination or expiration.
Acquisition of Property The Contractor shall document that all property was acquired consistent with its engineering, production planning, and property control operations.
Selection of projects and financial parameters 4.1 Open calls and availability of funds (including number of calls, duration of calls, and estimated size):
Description of Projects Services
Identity Of Property a. The Purchaser shall admit the identity of the Property purchased with that described in the Proclamation of Sale and such other documents such as muniments offered by the Auctioneer as to the title to the Property upon the evidence afforded by the comparison of the description in the particulars and muniments respectively and with that described in the Security Documents without requiring any further proof.