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Collective sale by all proprietors of flats who own leasehold tenure of at least 850 years or other tenure in flats not registered under this Act but do not own land

Land Titles (Strata) Act 1967

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—(1) This section applies where there are subsisting leases of flats registered under the Registration of Deeds Act 1988 or the Land Titles Act 1993 for a leasehold tenure of 850 years or more or for such other tenure as the Minister may, by notification in the Gazette, specify and where the proprietors of the flats do not own the land comprised in the development.(2) Where the proprietors of all the flats in a development to which this section applies agree in writing under a sale and purchase agreement to sell all their flats to a purchaser (whether in cash or kind or both), they must serve a notice on the proprietor of the land and every mortgagee, chargee or other person with an estate or interest in the land and whose interest is notified on the land-register at least 21 days before the date of the first transfer of any such flat 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 proprietor of the land and every mortgagee, chargee or other person with an estate or interest in the 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 proprietor of the land mentioned in subsection (2) is deemed to have transferred that proprietor’s estate and interest in the land to the purchaser without consideration upon the registration by the Registrar of the transfers of all the flats in the development 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 a proprietor of the land, that proprietor’s mortgagee, chargee or other person with an estate or interest in the 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 or the Registry of Deeds (as the case may be) 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 flats to which this section applies are lodged for registration with the Registrar, the solicitors acting for the proprietors of the flats 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 84E(12), (13), (14B) and (16) applies, with the necessary modifications, to a development to which this section applies.

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