Guide to Legal Friendly Loan Agreements What is a “Friendly Loan Agreement”? A friendly loan agreement is a contractual document that outlines the terms of a loan between two individuals. The document can define the amount of money or other property that is being loaned, the payment terms, and other conditions required for repayment. It…
The Definitive Guide to MOT Procedures In Sarawak Before presenting the Memorandum of Transfer (MOT) for registration purpose at the Land and Survey Department, Sarawak, we must ensure that we follow the required procedure. Procedure: Preparation of complete MOT Prepare one (1) original copy and two (2) duplicate copies of the MOT Make sure that…
Introduction Limitation period refers to the time limit for an aggrieved party to file an action against another party. In Sarawak the limitation to file civil lawsuit is governed under the Sarawak Limitation Ordinance (Sarawak Cap. 49) and the limitation period for civil lawsuits has been stated in the schedule ( Sections 3 and 6(1)…
Can Or Cannot? : Purchase of Immovable Property in Sarawak by a FOREIGNER The law governing the immovable property in Sarawak is different from West Malaysia. Immovable property in Sarawak is governed by the Sarawak Land Code, whereas the immovable property in West Malaysia is governed by the National Land Code. As the state of…
Sarawak: What should you do when your original individual/strata title lost? TAKE NOTE that ownership of an immovable property is evidenced by having one’s name registered on the individual/strata title (provided that the same has been issued by the relevant authorities). If you lost your original individual/strata title of your immovable property in Sarawak, you…
