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Butterworth, Malaysia Attorneys in related practice areas.
Real Estate Law in Butterworth, Malaysia, involves the purchase, sale, transfer, and management of residential, commercial, and industrial properties. The law is mainly governed by the National Land Code 1965, Strata Titles Act 1985, Building and Common Property (Maintenance & Management) Act 2007, and the Housing Development (Control and Licensing) Act 1966. It ensures transactions are conducted legally and protects the rights of all parties involved.
You may need a lawyer when buying or selling property to ensure compliance with the complex Malaysian property laws. Legal help is also required when dealing with disputes involving property ownership, tenancy issues, or mortgage problems. It's also advisable to seek legal assistance for understanding the terms of property contracts, ensuring smooth transactions, and protecting your rights.
The National Land Code 1965 governs the registration of property ownership and property dealings. The Strata Titles Act 1985 pertains to the management of buildings and common property in strata schemes. The Building and Common Property (Maintenance & Management) Act 2007 deals with the maintenance and management of buildings and common property, while the Housing Development (Control and Licensing) Act 1966 governs housing developers and protects the rights of purchasers.
Foreigners can own any type of property in Butterworth as long as the property price is above RM1 million. State consent is required for any purchase.
It's advisable as a real estate lawyer helps verify property title, draft contracts, and ensure compliance with property laws. They can also help mitigate any legal risks.
Yes, tenants have rights stipulated in the Residential Tenancy Act. These rights can be enforced in court if violated.
Property transactions usually involve property search, sales contract drafting, payment of deposit, application for loan, signing of sales agreement, and transfer of ownership.
The Land Office registers property ownership and oversees property transactions. It ensures compliance with property law and resolves property disputes.
Additional resources include the Real Estate and Housing Developers' Association (REHDA), the National Housing Department (JPN), and the Malaysia My Second Home (MM2H) programme. The Bar Council of Malaysia also offers a list of legal aid centres that provide affordable legal assistance.
If you need legal assistance in real estate, it’s advisable to engage a reputable real estate lawyer. Always research lawyers extensively, pay attention to their experience and reviews, and arrange an initial consultation to discuss your needs and understand their charges.
