Curiosity is an important attribute for people who intend to buy and invest in properties.

Visitors checking out the housing projects offered by Ideal Property Group exhibition booth at the StarProperty.my Fair 2016 at Gurney Paragon Mall. starpic by GOH GAIK LEE/ The Star/ 23July 2016.

HOW do laws affect property transactions? Why do laws matter for homebuyers and property investors? These are important considerations beyond the search and transactions for properties.

In Smart Property Investors Know The Law, Messrs Iqbal Hakim, Sia & Voo partner Elizabeth Siew Wai Kit shared her legal perspectives to empower property buyers, investors and professionals to enable them to make informed decisions in property transactions.

She observed that experienced investors often asked themselves six important questions: ‘Why am I buying or selling this property?’, ‘What am I buying?’, ‘Where do I want to buy?’, ‘Who do I want to buy the property from?’, ‘When is a good time to buy or sell?’ and ‘How do I buy this property?’

She suggested that property buyers should pay attention to various issues, such as the state and condition of properties, fixtures and fittings, the terms and conditions of existing tenancy agreements, types of properties and status of their title deeds, the avenue of the property they are purchasing from, and time of entry or exit in investments.

The book illustrates the flow of property transaction processes on a step-by-step basis, starting from the due diligence a purchaser should take before committing to a purchase of a property and concluding with the assembly of a professional team.

With the content arranged in chronological order for property transactions, as well as legal jargons explained in clear and simple terms, Siew makes it easy for general readers to understand the implications of laws on property transactions.

The book serves as an excellent reference on issues related to property transactions from a legal perspective.

Furthermore, it is particularly helpful in advising readers of the course of action available to them in various circumstances.

This book is worth obtaining because it imparts knowledge on legal issues impacting property transactions.

Such knowledge would empower property buyers and investors, not only to make informed decisions but also to protect their interests when making property transactions.

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