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Dokumen ini berkaitan dengan lelongan awam bagi hartanah yang dikhususkan. Ia memperuntukkan terma dan syarat lelongan, termasuk harga rizab, prosedur bidaan dan maklumat berkaitan dengan pemilikan dan tanggungjawab pembeli.
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What is proclamation of sale?
A proclamation of sale is a legal notice that announces the intention to sell a property, usually at a public auction, often following a foreclosure or a similar legal proceeding.
Who is required to file proclamation of sale?
Typically, the creditor or the entity seeking to enforce a lien on the property, such as a mortgage lender, is required to file a proclamation of sale.
How to fill out proclamation of sale?
To fill out a proclamation of sale, one must provide pertinent details including the description of the property, the time and place of the sale, and the terms and conditions under which the sale will be conducted.
What is the purpose of proclamation of sale?
The purpose of a proclamation of sale is to formally inform the public about the upcoming sale of property, allowing interested parties to participate and ensuring transparency in the process.
What information must be reported on proclamation of sale?
A proclamation of sale must report information such as the property description, the auction date and time, the location of the sale, and any terms or conditions relating to the sale.
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