PERFECTION OF CHARGE (POC)

POC is a complimentary process performed together with the Perfection of Transfer. This process is only applicable when the purchaser bought a property via financing provided that the purchaser / borrower has still yet to settle the facility / loan granted by the Bank as of the date when the Individual Title or Strata title…

Delivery of Vacant Possession in Sarawak

Whether the date of delivery of the vacant possession of the building in Sarawak shall be calculated from the date the booking fee was paid OR from the date the Sale and Purchase Agreement was signed? The method of calculating the date of delivery of vacant possession in Sarawak is provided in the Form B…

Soalan Lazim: Faraid

Harta apa yang boleh difaraidkan? J: Harta yang didaftarkan di bawah nama Si Mati seperti: a) Harta Tak Alih: tanah dan rumah. b) Harta Alih: wang simpanan bank, saham, KWSP, Tabung Haji, iInsurans, barang kemas dan lain-lain. Selepas saya meninggal dunia, siapa yang boleh memohon Perintah Faraid ke atas harta pusaka saya? J: Mana-mana ahli…

Solan Lazim: Hibah

Apakah Hibah? J: Hibah adalah pemberian harta secara kasih sayang kepada sesiapa yang dikehendaki ketika Penghibah masih hidup dan tanpa balasan. Adakah saya perlu mendapatkan persetujuan ahli waris yang lain sebelum saya menghibahkan harta saya? J: Tidak perlu kerana ia adalah hak Penghibah sepenuhnya untuk menentukan kadar hibah dan kepada siapa harta tersebut dihibahkan. Siapa…

Soalan Lazim: Wasiat

 Apakah wasiat? J: Wasiat adalah pemberian oleh pewasiat kepada penerima wasiat sama ada dalam bentuk benda, hutang atau manfaat untuk dimilik dan pemberian tersebut dilaksanakan selepas pewasiat meninggal dunia. Apakah perbezaan wasiat dan hibah? J: Wasiat dilaksanakan selepas pewasiat meninggal duni, hibah dilaksanakan semasa pemberi hibah masih hidup. Berapakah had harta saya yang boleh diwasiatkan?…

Flow To Discharge Bankruptcy In Malaysia

Being bound by a ‘bankrupt’ status is oftentimes burdensome because bankrupts would be restricted from carrying out what a normal person could do such as travelling overseas (unless with a written permission from the Director General of Insolvency [‘DGI’] or an Order from the Court), taking on loan with the financial institution and working in…

Updates on Real Property Gain Tax (RPGT) 2022

One of the highlights of the Budget 2022, proposed by Tengku Datuk Seri Zafrul Abdul Aziz, our Minister of Finance, is that the disposal of real property by individual citizens and permanent residents (Part I as below) starting from the Sixth (6) years and above will be removed. Section 30 of the Finance Bill 2021…

Foreigner Purchase of Property

Purchase of Properties in Malaysia by Foreigners With the blooming of the real property market in Malaysia, it is an ideal time for foreign investors to invest in the country. It is often said that Malaysia is still amongst the countries in Asia which has the most affordable property prices. Apart from that, with the…

Conventional v Islamic Loan

The Differences Between a Conventional and Islamic Housing Loan and the Consequences of Default Regardless of whether you are a Malaysian or a foreigner, you are spoiled with choices of housing loans offered by banks in Malaysia, tailored depending on your needs. Most banks in Malaysia offer both Conventional and Islamic Housing Loan. How then…

The Basic Procedure on How a Strata Management Bodies May Recover Outstanding Maintenance Charges

The Strata Legislations provides for the maintenance and management of strata schemes and comprehensive procedures, scope of power and duties to different types of management bodies. Thus, it is essential for these different Strata Management Bodies to maintain and manage the subdivided buildings and their common properties in accordance with the statutory legislation [collectively “Strata…

The Principles of AR Registered Post

The article seeks to discuss on the principles of AR Registered Post with reference to relevant case law and statute. What is AR Registered Post? Apart from the personal service, another method for service of court documents is by way of the AR Registered Post. AR Registered Post is a mail service offered by Pos…

FAQs for Single Status Confirmation in Malaysia

Single Status Certificate/ Marital Status Statement: What, Why and How? View Chinese Version What is a Single Status Certificate/ Marital Status Statement? This is a document issued by Jabatan Pendaftaran Negara (JPN) (Malaysia’s National Registration Department”) as a certificate of confirmation of the single (marital) status of an individual. This certificate applies to non-Muslim Malaysian…

Law Of The Carriage Of Goods By Sea (PART 16)

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Marine Insurance claims will be explored. Hague-Visby Rules III – The Carrier’s Defences ‘Due Diligence’ Defence Under Art. IV, r.1 This is not a defence, strictly speaking, since if…

Admiralty Law Part 16

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Liability For Marine Pollution 1992 Civil Liability Convention The 1992 CLC and the 1992 Fund Convention apply to oil pollution damage caused in the…

Admiralty Law Part 15

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Duties and liabilities of ports and pilots Statutory duties and rights of port authorities Harbour authorities have the power and the obligation under the…

Admiralty Law Part 14

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Towage contracts The contract and basic terms Various standard forms of towage contracts are available. However, the arrangements under these forms are not restrictive…

Admiralty Law Part 13

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. The concept of salvage 1989 Salvage Convention The 1989 Salvage Convention has the force of law under s.224 of the Merchant Shipping Act 1995…

Admiralty Law Part 12

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Limitation Of Liability Scope Of The 1976 London Convention On Limitation Of Liability For Maritime Claims The 1976 LLMC and its 1996 Protocol are…

Admiralty Law Part 11

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Civil Liability For Collision Damage Who May Be Liable? Standard Of Care And Burden Of Proof When ships collide, they are normally under the…

Admiralty Law Part 10

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Criminal liability for navigational incidents Breach of the COLREGS A failure to comply with the COLREGS can, irrespective of whether a collision is actually…

Admiralty Law Part 9

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Seamanship and the Collision Regulations (COLREGS) The COLREGS The COLREGS are a code of good practice endorsed by law. There are 38 Rules and…

Child Marriage in Malaysia

The issues of child marriage have evolved over the year, which is evident through news and critics comment from academician through publishing articles. Nevertheless, child marriage is still allowed in Malaysia and just last year, as Malay Mail published on 4th December 2020, 543 child marriage cases, including applications were recorded. Section 2 of the…

Admiralty Law Part 8

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Ship sale and purchase Negotiations stage and binding contract During the negotiations the parties owe no duty to make full disclosure of their position…

Admiralty Law Part 7

Pursuant to the earlier topic of Introduction to Maritime Law in Malaysia, published on 22 February 2021, in the coming series the basis and elements of Admiralty Law will be explored. Shipbuilding contracts The contract The negotiations leading up to the contract formation are significant in ensuring what the parties want. The parties must not…