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Calculate the liquidated damages

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Question 1: 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

Reference no: EM132610054

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