Is it right to divulge Covid-19 patients’ personal data to other residents?
The pandemic has changed the way homeowners use and enjoy the common properties of their subdivided buildings.
CCC, not Partial CCC, is mandatory upon VP
Why is this decision so important? And how could this protect the rights of property buyers?
_0.jpg)
Make tribunal’s written decisions available to public
Datuk Chang Kim Loong: In the context of the SMA, the awards and the grounds of awards handed down by the Tribunal can serve as an invaluable source of reference for the public.
Do not pay beyond 50% until property fully redeemed by developer
Datuk Chang Kim Loong: The National House Buyers Association (HBA) has received numerous complaints where developers had failed to redeem from the onset but instead paid off the redemption sum at the last stages of the schedule of payment.
LAD to be calculated from collection of ‘booking fee’ — Federal Court
In a landmark decision on Jan 19, 2021, the Federal Court has delivered its grounds of judgement in respect of the case of PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah & Another & 6 Other Appeals. It has finally clarified the legal position as to when time starts to run, in respect of VP of the property.
Are foreclosures by banks possible even after you have paid promptly?
Datuk Chang Kim Loong: Eventually, it is the purchasers who lose — their houses are taken away; they have to settle their mortgage loans with increasing interests; and they are blacklisted, which means they can never borrow again and never buy houses again!
To serve or self-serve?
Datuk Chang Kim Loong: While most of them are genuinely passionate about the wellbeing of their communities, there are unfortunately some bad eggs with personal agendas who take advantage of their positions for self advancements.
Inheritance tax akin to punishing people's savings
Datuk Chang Kim Loong: Inheritance tax is effectively sending the message to civil society not to work so hard or to save money for investments but just to have a happy-go-lucky lifestyle and spend all that we earn as we will be taxed again when we die for any assets that we have accumulated from our years of blood, sweat and tears.
Beware the oppressive Private Lease Scheme
Datuk Chang Kim Loong: Most buyers are so trusting that they fail to recognise that they may be taking on a long lease that disguises itself as a conventional property purchase.
