Properties Late Delivery

2017-04-12T12:05:13+08:00By |Properties|

Late Delivery issues (CFO vs CCC)


– Certificate of Fitness of Occupation (CFO)
– Certificate of Completion and Compliance (CCC)
– Liquidated Ascertained Damages (LAD)

Some unscrupulous developers have been trying to get away from paying LAD compensation for delay.

  • Issue arises when S&P states developer only pays compensation calculated only up to the date of their notice for delivery of vacant possession & not up to the date of the CFO.
  • Housing tribunal ruled that replaced by CCC & LAD to be paid until date of CFO/CCC.
  • If your property is facing late delivery, check your S&P.
  • Developers need to pay LAD as compensation for delay.
  • If developer tries to avoid paying LAD, lodge a report with Housing Ministry or engage a
Follow Us


Admin at MyPF
Helping you to simplify and grow your Personal Finances.

Follow to get the latest Personal Finances updates and insights!
Follow Us

Latest posts by MyPF

Leave a Reply