![]() Leasehold/FreeholdLand StatusAll properties should have a Document of Title as proof of ownership. Generally, all Titles fall under two categories, namely either freehold or leasehold. What is Freehold property?
What is Leasehold property?
Restriction of Interest in the Document of TitleSome land is subject to certain limitations of interest in the Document of Title.
These limitations could be found on land which:
Buying from Owner/DeveloperBefore deciding to buy a house from a developer, it is essential to ensure the track record of the developer. the developer should be capable to complete the construction of the property according to the schedule stipulated in your Sale and Purchase Agreement. Here are some questions to assist you:
Buying From Individuals (Sub-sale)If you are buying a property from individuals, it is important to ensure that the owner is the owner of the property. You can obtain all relevant information on the property by conducting a search on the property at the relevant land office/Registry and get confirmation of the registered owner and as to whether the said property has any encumbrances. © 2008 www.mbsb.com.my. All Rights Reserved. |
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