Introduction
This section discusses the significance of unclaimed properties in Malaysia, highlighting the issue’s prevalence among the Malay community due to misunderstandings and the complexity of inheritance claims. We will discuss on how to transfer ownership of property of deceased house owner as well in this article.
The procedure for changing ownership
Overview
The challenge of unmanaged inheritance in Malaysia, particularly properties of deceased individuals, is outlined, emphasizing the vast amount of property that remains unclaimed.
Steps for changing ownership
Without a will
- Heirs’ agreement: Importance of heirs reaching an agreement.
- Appointing a property administrator: The need for a representative among the heirs.
Legal proceedings
- For disputed cases: The process involves seeking a Faraid Order from the Shariat Court.
- For agreed cases: Application processes for estates under and over RM2 million are detailed, including required court applications.
Property value considerations
Estates under RM2 million
- Procedures for filing an Estate Order at the Small Estate Office.
Estates over RM2 million
- High Court applications for managing inheritance and property sale are discussed.
Transfer application
Details the application process for property transfer under the National Land Code to ensure rightful inheritance.
Simplified process overview
Initial steps
Describes the procedure following a property owner’s death, including the property freezing and name change process by the heirs.
Detailed steps
A step-by-step guide from appointing a Property Administrator to finalizing changes at the Land Office.
Post-sale considerations
Addresses the necessity of settling the deceased’s expenses and the distribution of remaining assets among heirs.
Conclusion
Every case is unique, and navigating the complexities of property transfer after a loved one’s passing requires expert guidance. Don’t leave your inheritance matters to chance. Engage with our legal professionals today for tailored solutions and advice that protect your interests. Let us guide you through with the expertise and care you deserve. Your peace of mind is just a consultation away. Connect with our lawyers now for a future secured in certainty.
