It is not uncommon to find a term in an agreement granting certain banking facility that goes along the line that any statement or certificate signed by an officer of the bank shall be the conclusive proof of the amount outstanding under the facility. This term is called the conclusive evidence clause.
It is not uncommon for a document to be labeled as “without prejudice”, with the intention of preventing the recipient from using the document as evidence in court. The label is typically slapped on without any discrimination on the type of document being labeled thus.
We have often taken for granted that we can easily apply for a passport. However, can the Government refuse to grant you a passport?
It is quite common for a person to guarantee a loan taken by another person. For example:
In a modern and free society, it is almost inconceivable that the government would take an interest on what consenting adults do in their bedroom.
Malaysia practices dual legal system, generally categorized as civil law (a misnomer, I personally think it should called secular law as “civil law” refers to another type of legal system in the world) and Islamic law.
When you received a Writ and Statement of Claim, it basically means someone has sued you (let’s call him the “Plaintiff”). You have 14 days to enter your appearance i.e. to tell the court and the Plaintiff that you will be coming to court to fight the suit.
The 2019 Real Property Gains Tax rates are a significant factor for consideration to anyone who owns a property and intends to profit from its sale The Real Property Gains Tax (“RPGT”) in Malaysia is definitely not a new subject for property owners – veteran investors especially. First introduced in 1995, the latest iteration of…
Have you ever wondered how long it takes for sale and purchase agreements to be completed? Does it frustrate you in situations where delays cost you late payment interests as a Purchaser? Before purchasing a property, you need to consider the time frames involved in the sale and purchase agreements in order for you to plan accordingly for payments and take vacant possession of the property.
Tenancy can no doubt generate a passive income for you. However, a bad tenant may turn your property investment into a nightmare. If a tenant refuses to pay rent but continues to stay on the premises, what can you as a landlord do?
