Posts Tagged ‘ Title Insurance ’

TITLE Insurance – Forging an existence in the Malaysian property market?

February 6, 2010
By malaysiainsurance
TITLE Insurance – Forging an existence in the Malaysian property market?

A five-member bench of the Federal Court on 21st January 2010 unanimously ruled that the previous Federal Court had misconstrued the provisions of section 340(3) of the National Land Code, 1965 (“NLC”) in its decision of Adorna Properties Sdn Bhd v Boonsom Boonyanit 2000 (“Adorna Properties”) because the principle of deferred and not immediate...
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Posted in Consumer, Insurance Coverage | 5 Comments »

New Product in the Making… Insuring your Land with Title Insurance?

August 14, 2009
By malaysiainsurance
New Product in the Making… Insuring your Land with Title Insurance?

Funny! Why we ought to have some form of insurance protection for our land…but in Malaysia this is the real fact. With the growing number of land scams and increased value of property involved, serious measures, including protection by the law, are urgently needed to overcome the problem. The direct result of the federal court’s decision...
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Posted in Insurance Coverage, Insurance Practices, Specialised Risks, Statutory | No Comments »

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