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        <title>Lowyat.NET: Latest topics by what7chu</title>
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        <link>http://forum.lowyat.net/</link>
        <lastBuildDate>Wed, 29 Jul 2026 06:02:40 +0800</lastBuildDate>
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            <title>Vendor lost title, affect property value?</title>
            <link>http://forum.lowyat.net/topic/4890061</link>
            <description>Hi lowyat experts, lurker first time poster. Hope to get some guidance.&lt;br /&gt;&lt;br /&gt;Have signed the letter of offer only and vendor shared that he misplaced the title (paid in cash last time). My bank loan has been approved&lt;br /&gt;&lt;br /&gt;He will do the necessary - report police, apply for new title etc.&lt;br /&gt;So far land search showing ok, and original spa also have.&lt;br /&gt;&lt;br /&gt;My question is&lt;br /&gt;1. Will a re-issued title affect the re-sale value of the property?&lt;br /&gt;&lt;br /&gt;2. I&amp;#39;m told that re-issue process may take 6 months.&lt;br /&gt;2a. Will the loan offer lapse?&lt;br /&gt;2b. Will there be any penalty to me if the vendor ends up cancelling the sale? (If there is, any way for me get the vendor to pay these penalty charge?)&lt;br /&gt;&lt;br /&gt;Many thanks in advance&amp;#33;</description>
            <author>what7chu</author>
            <category>Property Q&amp;amp;A</category>
            <pubDate>Fri, 10 Jan 2020 20:50:02 +0800</pubDate>
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