Tips Before Buying an Apartment or House Part 01

1. Have a title search that his attorney shall prepare the property you’re buying. This study has good titles should tell you:

* – Who in the owner or owners of the property you want to buy so that you buy from a person legally is the owner and not someone else.
* – If the characteristics of the home you are buying legally correspond to what appears in the titles such as determining which is the area recorded in public records, numbered certificate, declaration of works registered.
* – Determine who is the person who is living in the property (in technical terms the holder of the property) for which there must be a physical visit to the property to make sure there are no problems with the property owners to buy (a tenant or maybe someone who says he is the real owner of the property and does not appear as such in the Public Records).


* – Determine if there is any charge or lien on the property you want to purchase.

2. Your attorney draft a proposed purchase agreement to include clauses that protect you as a buyer. Among other issues, a crucial aspect of any sale is the moment you must pay the price to be agreed. The seller will want to be just sign the contract of sale and you as a buyer will want to be when the property appear in public records to his name. Should try to negotiate both positions and set clauses that give some assurance to you as a buyer.

3. Request that the seller hands over the evidence of no debts of the municipality under the jurisdiction of municipal taxes and taxes on the property. Beyond that provided by the vendor record will never be other than his lawyer for a tour of the City to verify the authenticity of it.

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One Response to “Tips Before Buying an Apartment or House Part 01”

  • [...] to another. Although there is a freehold property (Freehold), the majority of apartments in Kuala Lumpur and Selangor is temporary possession (Leasehold). This means you are buying property to live in a [...]

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