Wednesday, 28 February 2024

3:00 pm – 4:00 pm Delays and Damages: LAD Insights and Updates for Developers

About this talk

As a developer, avoiding delays in the delivery of vacant possession and minimising the payment of liquidated damages or liquidated ascertained damages (LAD) to purchasers is critical to profitability and sustainability. Join us in this webinar as our speakers explain how the period for completion is calculated, and recent developments in case law on the delivery of vacant possession. This knowledge is essential for developers seeking to mitigate risks and ensure compliance.

This webinar addresses the critical aspects of timely vacant possession delivery, outlines legal exposures from delays, and reviews recent changes in LAD calculations under Malaysian law. Learn from case studies and understand the current legal environment to better navigate LAD implications for your projects. Essential for developers seeking to mitigate risks and ensure compliance.

The talk will be delivered over video conference using Zoom.us. You can either view the talk from your web browser or download the Zoom app.

Talk Points

  • Effect of deposit payments on the date of completion
  • Validity of an extension of time given by the Controller of Housing
  • Delivery of vacant possession and the connection of utilities
  • Notice of vacant possession and the delivery of keys

Speakers

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Past Seminars