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MANUAL FOR BUYERS
Legal execution Department

The Condominium or the allocation
of land buyers protection.

The Rights and Duties

Buyers Juristic person condo- HOUSING JURISTIC
• Will not be liable to minium PERSON
the maintenance fees • Having duties to inform • Having duties to inform
(in case of the condo- the obligation of the the obligation of the
minium unit). maintenance fees to the maintenance fees to the
execution officer within execution officer within
30 days after receiving 30 days after receiving

the notice from the the notice from the
execution officer. execution officer.
• Will not be liable to • Having rights to receive • Having rights to receive
the maintenance and the maintenance fees the outstanding debt
management utilities from the payment in the from the payment in the
fees and fines (in case public auction before a public auction before a
of the allocation of secured creditor such secured creditor such
land). notify to the executing notify to the executing
officer within the time officer within the time
prescribed on above. prescribed on above.

*** Remark in case where the bidder is also the party having interest
in the property to be sold, such as the preferential creditor to whom
the court has permitted the interest be reserved, the
co-holder of title with the judgment debtor or the
interested person from a will as permitted by the
court or the spouse of the judgment debtor whom
the court has permitted his/her portion be reserved.
All of these person is required to place the guarantee
amount in the bidding process. at the amount of 5%
of the Valuation price.

(***There is subject to change in accordance with Director-General of Legal Execution
Department’s notification Re : Additional Bid Deposit Rules)
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