18/07/2026
Finally, there is clarity and sense of assurance for all future purchasers of High Court Auction properties. Currently, the National Land Code ( Act 828) only allow for deduction for all federal and state taxes ie. Cukai Tanah and Cukai Taksiran.
Purchasers who acquire strata properties through court-ordered auctions cannot automatically be held responsible for unpaid maintenance charges and sinking fund contributions left behind by previous owners, the High Court has ruled in a decision expected to provide greater clarity for auction property buyers...
π Read the full story:
https://www.penangpropertytalk.com/2026/07/high-court-auction-buyers-not-liable-for-unpaid-maintenance-and-sinking-fund/