Q1. In the event of delay, the house buyers are entitled to claim for Liquidated Damages/Liquidated Ascertained Damages (LAD) from developer. Based on your understanding, explain the term of "Liquidated Damages/Liquidated Ascertained Damages (LAD)".

Q2. Calculate the Liquidated Damages/Liquidated Ascertained Damages (LAD) for a property completed later than 24 months as per standard agreement.

The property price : RM 500,000

Sale & purchase agreement date : 1/8/2010

Schedule date of handover of vacant possession : 31/7/2012

Delivered vacant possession to purchaser : 16/12/2012

Q3. Diana has received a notice to take vacant possession of the property from the developer. Advice Diana the term "Vacant Possession" and the manner of delivery of vacant possession required under the law before her take vacant possession from the developer.Q1. In the event of delay, the house buyers are entitled to claim for Liquidated Damages/Liquidated Ascertained Damages (LAD) from developer. Based on your understanding, explain the term of "Liquidated Damages/Liquidated Ascertained Damages (LAD)".

Q4. Your client does not understand the term of "Materials and workmanship to conform to description" in relation to the Housing Development (Control and Licensing) Regulations 1989. As a consultant, elaborate the term "Materials and workmanship to conform todescription" to your client.

Q5. Based on your understanding, interpret the term "Defects Liability Period" in relation to the Housing Development (Control and Licensing) Regulations 1989.

Q6. Discuss the Housing Development (Housing Development Account) Regulations 1991 pursuant to Housing Development (Control and Licensing) Regulations 1989.

Q7. Elaborate your understanding on Housing Development (Tribunal for Homebuyers Claims) Regulations 2002 and discuss what if the developer fails to comply with the award.