Category: TPC – Law

Can you not pay RENT? Your toilet is having problem. It cannot function properly. You have asked help from the Landlord, however you were never entertained. The result was that it was never repaired. You suffered much inconvenience having to Read More …

The Landlord and tenant signed the tenancy contract, however tenant has not paid the security deposit. Is the contract valid? In most cases, the landlord is a busy person. When the tenant confirms taking the premises by paying a booking Read More …

Money or signature, which is more important in a contract? In a normal sequence of events, a booking fee is paid upon an offer to the landlord or vendor. When the agent (who communicate with his principal) accepts this booking Read More …

What is a contingent contract? Is that “time is an essence” a contingent contract? In case where the tenant says he will only RENT the premises after the landlord has clear the junk – is clearing of the junks contingent Read More …

Time is an essence – Part 3. When time is not essential, can you claim damage? Take an example, you have a basket of fruits in a pasar malam on sale. A customer came and booked for it. He gave Read More …

Time is an essence – Part 2. When time is not essential. What happen next? When tenant said I will start renting your place from July, time is a factor to consider in this contract. Time is an essence. BUT, Read More …

Time is an essence – Part 1. What does it mean? S.56 CA 1950 says in a contract, time is an essence… to perform at fixed time, in contract in which time is essential. Simply said, within agreed time, there Read More …

Q. What is “service suite” if compared to “condominium”? A. Some answers are like: Service Suite is of higher standard! It is used as “Hotel”! It is commercial use. It has commercial activity, etc. In fact, service suite is just Read More …

Q. What is Land Conversion or AVTC (Application for Variable Title Condition)? A. AVTC* is a term used in Sarawak. West Malaysia, it is called land conversion. The fee is called premium or additional premium on conversion. Usually in land Read More …

Q. There are some interesting things in the amended NEW Valuers, Appraisers, Estate Agents and Property Managers Act, 1981 (amended 2017). What are they? A. https://justletak.blogspot.my/2018/03/amendment-to-vaea-act-1981.html 5 key points are: Better definition of EAP as inside the Section, not just Read More …

Q. Why landed is better than strata? Perpetuity vs Lease, which is better? A. Simple answer is Scarcity vs in Abundance. Live forever or limited lifespan? Nothing comes without price tag. Sure, scarcity is better than in abundance. That means Read More …

Q. How does title to property affect its dealings? A. When a property is without title (under construction) or the title has not been issued from the land office, the developer is the party who shall make the proper submission Read More …

Q. What do you mean by “No gain No Loss”? And, “Disposal deemed at market value?” A. If you study taxation, you would have heard “No gain No loss”. For property which is given as gift from Grandparent to grandchildren, Read More …

Q. Why having title is better than no title? Why title is so important? A. A title is not that important most of the time. Most of us are staying in properties without a title. Most development would only hand Read More …