Property Chat: Can developers compel buyers to waive LAD claims?

Some developers are ‘arm-twisting’ house buyers to sign away their rights to late delivery compensations, but are such waivers legitimate?  Ever so often, when developers fail to complete their projects on time, they devise ways and means to avoid paying compensation for late delivery or liquidated ascertained damages (LAD) to their house buyers.

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Water must be flowing and electricity running when handing over Vacant Possession: says Court of Law

The Delivery of Vacant Possession (VP) under Housing Development (Control and Licensing) Act 1966 (HDA 1966) has presented a perennial question to purchasers: Why are the purchasers being delivered purportedly completed housing property that could not be occupied due to not having an actual supply of running water and electricity?       Under the current act, which is to be read together with the Housing Development (Control and Licensing) Regulations 1989 (HDR 1989), the developer is supposed to conduct the delivery of VP of the completed property to the purchasers with water and electricity supply ‘ready for connection’.

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DONE DEAL: 2.5-storey semi-detached at Jelutong Heights, Selangor

READ ALSO: DONE DEAL: Condominium at LaCosta Lake Suites, Selangor DONE DEAL: Three-storey terrace at USJ Heights, Selangor Developed and completed by NBC Land in 2009, Jelutong Heights is a freehold, gated and guarded residential development located in the residential enclave of Bukit Jelutong, Shah Alam.

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