Lawyer: Change loans rule and pay direct to developer


Datuk Roger Tan

PETALING JAYA: The Public Sector Home Financing Board (LPPSA) should change its loans rule to allow the money to be released straight into the developer’s account if it is a direct purchase from the developer, said a senior lawyer.

“If it is a second sale or sub sale then I understand the money must be released to the seller’s lawyer to take care of other payments,” said Datuk Roger Tan, the chairman of the Malaysian Bar Council Conveyancing Practice Committee.

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