Suggest a correction

Collective sale by all subsidiary proprietors who own registered leasehold tenure of at least 850 years or other tenure

Land Titles (Strata) Act 1967

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Wrong or mistyped textWrong structure or numberingWrong title or detailsDuplicated content

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—(1) This section applies where there are subsisting leases registered under the Land Titles Act 1993 of all or some of the lots in a strata title plan for a leasehold tenure of 850 years or more or for such other tenure as the Minister may, by notification in the Gazette, specify.(2) Where the subsidiary proprietors of all the lots in the strata title plan to which this section applies agree in writing under a sale and purchase agreement to sell all their lots and common property to a purchaser (whether in cash or kind or both), they must serve a notice on the subsidiary proprietor in reversion of the leasehold estate and every mortgagee, chargee or other person with an estate or interest in land and whose interest is notified on the land-register at least 21 days before the date of the first transfer of any such lot informing them of the transfer under subsection (4).(3) Notice under subsection (2) must be given by —(a)advertising the proposed sale in such local newspapers in the 4 official languages as approved by the Registrar;(b)serving the notice on the subsidiary proprietor in reversion of the leasehold estate and every mortgagee, chargee or other person with an estate or interest in land and whose interest is notified on the land-register by registered post; and(c)affixing a copy of the notice in the 4 official languages to a conspicuous part of each building in the development.(4) The subsidiary proprietor in reversion of the leasehold estate mentioned in subsection (2) is deemed to have transferred that subsidiary proprietor’s estate and interest in the lots to the purchaser without consideration upon the registration by the Registrar of the transfers of all the lots in the strata title plan and the Registrar must enter a notification of the vesting of the land in the purchaser on the land-register.(5) A notice sent by registered post under this section to the subsidiary proprietor in reversion of the leasehold estate, that subsidiary proprietor’s mortgagee, chargee or other person with an estate or interest in land and whose interest is notified on the land‑register at its last registered address in the case of a company registered under the Companies Act 1967 or otherwise at its last recorded address at the Land Titles Registry is deemed to be duly served on the person to whom it is addressed 2 days after the day on which the notice was posted, despite the fact that the letter may be returned by the post office as undelivered.(6) When the transfers of the lots to which this section applies are lodged for registration with the Registrar, the solicitors acting for the subsidiary proprietors of the lots must certify in such form as the Registrar may determine that the provisions of this section have been complied with, and the certificate in favour of the purchaser and the Registrar is conclusive evidence of the facts stated therein.(7) Section 84FA(12), (13), (15) and (17) applies, with the necessary modifications, to all the lots in a strata title plan to which this section applies.

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