Advertisement

Late Charges on Sales & Purchase Agreement

239 Views  ⚫  Asked 1 Year Ago
asked on Aug 1, 2016 at 22:14
by   kokoro
Hi, 

I sold my house to a company June last year but the S&P only concluded recently. Right now since the title has been transferred to the buyer, I am having a hard time to collect the late charges amounting to RM12k from the buyer for extension of the S&P.

The buyer did message me to ask for a waiver. I denied but agreed to give them 50% discount which is around RM6K.

The buyer didn't response to me after that and I would now like to issue a demand letter to collect the money. In case they refuse, can I take legal action against them and how much would it cost.  I don't mind to pay the legal fees using the 12K collect from the buyer but surely I would not like to come out with additional money.

Any feedback is highly appreciated. Thanks.
0 had this question
Me Too
0 favorites
Favorite
[ share ]
1 Answers

answered on Aug 2, 2016 at 02:02
by   vkpc
For your case, you can sue the buyer at Consumer's Tribunal in Putrajaya where lawyers are not allowed.  So your cost is very minimal.
0 found this helpful
Helpful

Your Answer





By posting your answer, you agree to the privacy policy and terms of service.