Scb11980 1st Gear November 19, 2011 Share November 19, 2011 Get rid of obscure, irrelevant rules 19 Nov 2011 Straits Times RECENTLY, I asked my lawyer if it was necessary for me to hand over the original title deed on the sale of a property. As the property was bought many years ago, and the mortgage loan settled, I could not find the deed. I must apply for a replacement which entails an advertisement in a local paper and a statutory declaration to the Singapore Land Authority for a new title certificate. Singapore has a registry of titles and parties with interest in the property need to lodge a caveat. Why is an advertisement, which adds cost, delay and additional work, and is probably a waste of resources, necessary? I understand that the need to place an advertisement applies to the loss of other types of important documents as well. The Law Ministry should update the law to remove this outdated and wasteful practice. If there is really a need to advertise to the world at large on the loss of documents, perhaps it can be done through a website sanctioned by the Government. Tan Kin Lian ↡ Advertisement Link to post Share on other sites More sharing options...
Duckduck Turbocharged November 19, 2011 Share November 19, 2011 Get rid of obscure, irrelevant rules 19 Nov 2011 Straits Times RECENTLY, I asked my lawyer if it was necessary for me to hand over the original title deed on the sale of a property. As the property was bought many years ago, and the mortgage loan settled, I could not find the deed. I must apply for a replacement which entails an advertisement in a local paper and a statutory declaration to the Singapore Land Authority for a new title certificate. Singapore has a registry of titles and parties with interest in the property need to lodge a caveat. Why is an advertisement, which adds cost, delay and additional work, and is probably a waste of resources, necessary? I understand that the need to place an advertisement applies to the loss of other types of important documents as well. The Law Ministry should update the law to remove this outdated and wasteful practice. If there is really a need to advertise to the world at large on the loss of documents, perhaps it can be done through a website sanctioned by the Government. Tan Kin Lian hes presumbaly already making so much from the property since he bought long ago, y he dun dare 2 tell pple where he own? Maybe he selling geylang chicken hse issit? LOL ↡ Advertisement Link to post Share on other sites More sharing options...
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