Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia

Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia

The aim of this research is to identify suitable approaches in order to create awareness of the house buyers on how to prevent economic loss due to latent defects. Semi-structured interviews with fifteen respondents had been conducted. Findings showed that there are three suitable approaches namely...

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Main Authors: Zolkafli U.K., Yahya Z., Zakaria N., Akashah F.W., Othman M., Ali A., Salleh H.
Format: Article
Language:English
Published: EDP Sciences 2014-01-01
Series:MATEC Web of Conferences
Online Access:http://dx.doi.org/10.1051/matecconf/20141501040
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spelling doaj-b0393a3ae6e44436af841a24fabf9ebd2021-02-02T03:00:49ZengEDP SciencesMATEC Web of Conferences2261-236X2014-01-01150104010.1051/matecconf/20141501040matecconf_bsfmec2014_01040Latent Defects: Approaches in Protecting House Buyers’ Right in MalaysiaZolkafli U.K.0Yahya Z.1Zakaria N.2Akashah F.W.3Othman M.4Ali A.5Salleh H.6Fakulti Alam Bina, Universiti MalayaFakulti Alam Bina, Universiti MalayaFakulti Alam Bina, Universiti MalayaFakulti Alam Bina, Universiti MalayaFakulti Alam Bina, Universiti MalayaFakulti Alam Bina, Universiti MalayaFakulti Alam Bina, Universiti Malaya The aim of this research is to identify suitable approaches in order to create awareness of the house buyers on how to prevent economic loss due to latent defects. Semi-structured interviews with fifteen respondents had been conducted. Findings showed that there are three suitable approaches namely Collateral Warranty, Latent Defect Insurance and Contract Act (Rights of Third Parties) that can be applied. However, the applications of these approaches are significantly low or none exist in Malaysia. Steps that should be taken include create awareness among house buyers regarding their rights and expose them to the benefits of the recommended approaches. http://dx.doi.org/10.1051/matecconf/20141501040
collection DOAJ
language English
format Article
sources DOAJ
author Zolkafli U.K.
Yahya Z.
Zakaria N.
Akashah F.W.
Othman M.
Ali A.
Salleh H.
spellingShingle Zolkafli U.K.
Yahya Z.
Zakaria N.
Akashah F.W.
Othman M.
Ali A.
Salleh H.
Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia
MATEC Web of Conferences
author_facet Zolkafli U.K.
Yahya Z.
Zakaria N.
Akashah F.W.
Othman M.
Ali A.
Salleh H.
author_sort Zolkafli U.K.
title Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia
title_short Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia
title_full Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia
title_fullStr Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia
title_full_unstemmed Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia
title_sort latent defects: approaches in protecting house buyers’ right in malaysia
publisher EDP Sciences
series MATEC Web of Conferences
issn 2261-236X
publishDate 2014-01-01
description The aim of this research is to identify suitable approaches in order to create awareness of the house buyers on how to prevent economic loss due to latent defects. Semi-structured interviews with fifteen respondents had been conducted. Findings showed that there are three suitable approaches namely Collateral Warranty, Latent Defect Insurance and Contract Act (Rights of Third Parties) that can be applied. However, the applications of these approaches are significantly low or none exist in Malaysia. Steps that should be taken include create awareness among house buyers regarding their rights and expose them to the benefits of the recommended approaches.
url http://dx.doi.org/10.1051/matecconf/20141501040
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AT akashahfw latentdefectsapproachesinprotectinghousebuyersrightinmalaysia
AT othmanm latentdefectsapproachesinprotectinghousebuyersrightinmalaysia
AT alia latentdefectsapproachesinprotectinghousebuyersrightinmalaysia
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