Before you make any decision for buying a house, please ensure that:

• the housing developer have a valid housing Developer's Licence for the housing project.
• having a valid Advertisement and Sale Permit for the housing project. Sample of Approved Advertisment

• free project brochure
• examine the building material specification
• sample of Sale and Purchase Agreement (S&P)
• size of building
• expected date of completion
• texture of land whether hilly, swampy etc.
• Reference no. of the approved building plan from the local authories.

• Ensure that the expected date of completion for the house as mentioned in the Sale and Purchase Agreement.  For landed property such as banglo, semi-detached houses and terraced house the expected date of completion is 24 months from date of signing of the Sale and Purchase Agreement.  Whereas for the subdivided building like condominium, flats, apartment, the expected date of completion is 36 months from date of signing the Sale and Purchase Agreement.
• Buyers are  advised to get a free copy of the brochure for the housing project where they can get all the important information including the housing developer licence, advertisement and sale permit and other from the housing developer.

• Make sure that the land belonged to the developer if not, the developer had already made an agreement with the land owner whereby the land owner had agreed to the sale of the land for purpose of the housing development and that the land owner is the other party in the contract of sale.
• To examine whether individual title is granted or not and suit the conditions as request by the financial institution.  To check whether the land is charged or registered with the Land and Survey Department/Authority concerned.

• Perpetulity
• 60 years
• Native Land
• Mixed Zone Land

The Sale and Purchase Agreement (S&P) must be using the standard Form G and Form H as specified in the Housing Developers (Control and Licensing) Regulations, 1998.

First Payment

Upon signing of Sale and Purchase Agreement, the buyer must paid the first payment of 5% of the price of the house to the developer.  Make sure that the date of signing of the Sale and Purchase Agreement and the date of the first payment is the same.

Termination of  Sale and Purchase Agreement

To be aware that failing to make the progressive payment or interest charged on late payment for a period of more than 14 days, the developer have the right to cancel the Sale and Purchase Agreement.  The developer have to give a registered written notice not less than 14 days to the buyer the intention to cancel the Sale and Purchase Agreement.

Architect Certificate

Make sure that whatever payment/instalment to the developer is supported by the Certificate duly signed by the Architect or Engineer.

Interest on Late Payment

If the buyer or end financier for the buyer fail to pay the developer the progressive payment/instalment within 14 days from the date of the writen notice from the developer, the buyer will be charged with an interest of 10% per annum on day to day basis on the instalment that is not paid.

Payment for Serivce Rendered

The buyers have to pay for services like collection for rubbish, cleaning of public drains, cutting of grasses by the road side etc. effective vacant possession of the landed property and for sub-divided building until strata title is obtained and a Management Corporation is formed.

Payment for Land Assessment, Taxes and others

As from the date of execution of the memorandum of transfer of property or handing over of vacant possession (whichever is earlier), the buyer is responsible for payment of land assessment, rate, taxes and other charges in connection with the property that he purchase.

Vacant possession of the building completed with water and electricity supply that is ready for connection have to hand over to the purchasers within 24 calender months from the date of signing of the Sale and Purchase Agreement for landed property and 36 calender months for sub-divided building.

Possession or Occupation of  Property

Upon the issuance of the Certificate of Fitness for Occupation (CFO) from the Appropriate Authorities, the purchaser shall then occupy the said property.  Any modification, renovation can only be done after obtaining CFO and approval of building plan from the Appropriate Authorities.

Payment by Developer in default of Handing Over of Vacant Possession

If the developer fails to hand over vacant possession of the building within 24 calender months from the date of executing the Sale and Purchase Agreement for the landed property, the developer is to pay the buyer month such sum as stated below:

1.    Terrace

(a)    Single Storey	RM300.00 per month
(b)    Double Storey	RM400.00 per month
(c)    Others	RM400.00 per month

2.    Semi Detached

(a)    Single Storey	RM400.00 per month
(b)    Double Storey	RM500.00 per month
(c)    Others	RM500.00 per month

3.    Detached

(a)    Single Storey	RM600.00 per month
(b)    Double Storey	RM800.00 per month
(c)    Others	RM800.00 per month

In the case of the sub-divided building whereby the developer fail to hand over the vacant possession within 36 calendar months, the developer is to pay the buyer a sum based on day by day basis with the rate of 10% per anum of the selling price of the property.

Defect Liability Period

If any defects, shrinkage or other faults occurs within the period of 6 calendar months after the date when the buyer takes possesion of the property, the buyer can request the developer to repair or make good without making any payment to the developer.

Setting Up of the Management Corporation for the Sub-Divided Building

A Management Corporation will be refered by the buyers upon handing over and transfer of the individual Strata Title for each Parcel to the buyers.
In addition to the functions as spell out in the Form H, the Management Corporation is also responsible for insurance and maintenance of the building.