Vista Bay Apartment Strata Title

17th January 2012
With great pleasure to announce that the residents of Vista Bay Apartment would be able to collect their Strata Title to their respective unit.

With this, we would strongly advise all of the owners to make the transfer without delay and according to the New Strata Title Act (Amendment) 2007, the owner maybe liable to penalty of minimum of RM1000 to a maximum of RM10000 by the relevant Authority for not effecting the said Transfer without delay.

Also to take note that a storage/admin charge of RM50 per month will be charged to the owner's account commencing 1st June 2012 for the safe keeping of the original Strata Title.

For the purpose of collecting the Strata Title, owners would need to prepare the following document:

a) The relevant pages of the stamped copy of Sale and Purchase Agreement
b) Purchaser's Mykad
c) The current loan/security documentation (Letter of offer/Facilities Agreement) of the current financier.

One last thing to bear in mind, the transfer will only take place if the owners are not in arrears of any payment to the Joint Management Board or Cendana Realty Sdn Bhd.

Thanks