Parents’ transfer to children: Study on the impact of ‘Pindah Milik Tanah 1 Hari’ (Land transfer ownership in one-day) by the Malaysian Land Office
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2019, Vol 8, Issue 6
Abstract
Parents’ transfer will assist children economic condition, reward their children services and prevent inheritance avoidance. Currently, Malaysia Land Office promotes a program that is known as ‘Pindah Milik Tanah 1 Hari (PMT1HARI)(Transfer Land Ownership in One-Day) to encourage parents to transfer land ownership to their children. Thus, this study aims to explore the impact of PMT1HARI program to the parents and land office. This study employs qualitative approach in which data is collected through semi-structured interviews with three Land Office officers. There are three main findings from this study. Firstly, after the program was launched, the rate of land ownership transfer at land offices has increased. Secondly, there is a misconception on the program because parents think ‘one-day’ means a complete transaction, starting from the application until the registration process. Thirdly, the occurrence of a lot of minor errors in the transaction process. Hence, the additional information regarding to the meanings of PMT1HARI concept should be detailed in order to avoid misunderstandings among parents. At the same time, the quality of land transfer management at Land Office should be enhanced to decrease the potential errors in carrying out transfer transactions.
Authors and Affiliations
Mohd Khairy Kamarudin, Nasrul Hisyam Nor Muhamad, Abdul Hafiz Abdullah
Keywords
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- EP ID EP563782
- DOI 10.6007/IJARBSS/v8-i6/4255
- Views 65
- Downloads 0
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