Tuesday, June 16, 2009

Tips on How to Prepare for An Auction

Prospective bidders are advised to adhere to the following guidelines prior to bidding at the auction sale.

** Read and fully understand all the Terms and Conditions of Sale.

** Conduct an official search on the parent tittle at the Land Office and/or other relevant authorities.

** Inspect the property

** Verify pertinent particulars of the documents.

** Verify the postal address of property with the relevant authorities and /or the developer.

** Seek legal advice on the Terms and Conditions of the sales.

** Make necessary enquiries with the relevant authorities and/or the developer on the Terms and Conditions to the sale, prior to the bidding at the auction sale.

Source: 1Klassifieds, New Straits Times, Wednesday, June 17, 2009.
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