Saturday, May 30, 2015

Imminent Land Registration

Kudos to Stockland for having the land registrations on time.  They had informed land owners that it will happen within 2 weeks. Elara sales consultants were also giving courtesy calls to remind us that our land will be registered in the next few weeks.  Target dates were early first week of June.

Upon land registration, there will be 14 days to settle.  If not settled, Stockland will provide 10 days more but with a hefty 12% interest per day.  If not settled, Stockland has the right to take away the rights.