Transfer of Title

karinemy — Tue, 11 Apr 2017 11:50:33 +0800

Hello there,

Would appreciate if some lawyers here or anyone experienced with the below case to advise me.

Story:
I am in the midst of buying a sub-sale freehold house. Loans are basically approved but haven't signed anything.
Just found out (through the seller's lawyer) the seller need to transfer the house title to beneficiary (since it's joint name for the seller and one passed away). According to the lawyer, they'll need to follow the court proceeding, then only can transfer title to beneficiary..The process will take about 3 months for court order and 2 months for title transfer to beneficiary.

The lawyer said i can sign SnP first to lock in the loan and once the above process finished, the loan will be released and the title will transfer to us which is a quick process.

So my questions are:
1) Is this 5 months process normal and will the bank able to lock in the loan for this long?

2) According to the 'agreement to purchase form': 90% balance to be paid within 90 days from i) date of SPA or ii) date of receipt of the relevant consent from statutory body, etc......... Upon expiry of the period stipulated in above clause to grant an extension period of 30 days on the unpaid balance sum at an interest rate of 8% per annum calculated on daily basis.

Should I just ignore and not concern about all these (since it's not related to me) and just follow as what stipulated in the booking form?

3) Is it advisable to engage the same lawyer as the seller?

4) Can i cancel the booking?

C-DEX Run and C-DEX

karinemy — Tue, 15 Jan 2008 13:34:51 +0800

Date:
24th February 2008 (C-DEX RUN)
1st March 2008 (Self Development Workshop )
1st - 3th March 2008 (Career Fair )

Venue :
Engineering Faculty, Universiti Putra Malaysia

Who Should Attend ?
All College and University Students !!!

Organized by:
Engineering Students' Society of UPM (PEMAJU)

The expo is divided into 2 parts, Career fair and Career Workshop with the
C-DEX Run that serves as publicity purposes for the expo!

i.C-DEX Run (24TH February 2008)

7km run around scenic UPM campus !
C-DEX information counter on that day!
Run T-shirt will be given for FREE for early bird registrations!
Goodie Packs worth RM10 to be given for FREE for all participants !!!

Attractive Lucky draw prizes!
Attractive prizes for runners to be won!
Medals and certificates to be given!
Entertainment on stage by live band and carnivals as well!
All just for a mere amount of RM10 for registration only !
Registration form, run course and rules could be obtained from

http://eng.upm.edu.my/cdex
(under construction, not complete)

ii. C-DEX Career Fair (1st March - 3th March 2008)

Multinational corporations such as SHELL, MOTOROLA, BAYER, MAYBANK and many more participating !!!

JOB INTERVIEWS for final year students and graduates.
Company educational shceme like SCHOLARSHIPS!
INTERNSHIP Application Opportunities!!
CAREER TALK by these companies!
DO NOT MISS THIS GREAT OPPORTUNITY..

SECURE YOUR FUTURE TODAY!!

iii. C-DEX Self Development Workshop (1st March 2008)

Learn the correct way of RESUME WRITING!!
Preparation for INTERVIEW!!
FINANCIAL MANAGEMENT STRATEGIES for graduates !!
Real Life as an Engineer AFTER GRADUATION

Forum on EFFECTIVE & PROPER COMMUNICATION !

DEFINITELY THE PLACE TO GO TO IMPROVE YOUR RESUME AND MARKETABILITY !!

-----------------------------------------------------------------------------
Please refer to the following for further information on C-DEX 2008:

Official Website

http://eng.upm.edu.my/cdex (under construction, not complete)

E-mail address

cdex08@eng.upm.edu.com

Mailing Address
Persatuan Mahasiswa-mahasiswi Kejuruteraan
Fakulti Kejuruteraan
Universiti Putra Malaysia
43400, Serdang
Selangor Darul Ehsan

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Transfer of Title

C-DEX Run and C-DEX