30/04/2026
If you’re buying a property, you might come across the term **LAD (Liquidated Ascertained Damages)** — and it’s something every buyer should understand.
LAD is basically a **compensation paid by the developer to the buyer if there is a delay in completing the property** beyond the agreed date in the Sale & Purchase Agreement (SPA).
Here’s how it works:
* The SPA will state the **completion period** (for example, 36 months).
* If the developer fails to deliver the property on time, they must **pay LAD for each day of delay**.
* The amount is usually calculated as a **percentage of the property purchase price per year**, prorated daily.
💡 Why is LAD important?
It protects buyers from delays and ensures developers are held accountable. Without LAD, buyers could face long waiting periods with no compensation.
⚠️ Important tip:
Always check your SPA carefully to understand:
* The exact completion timeline
* The LAD rate
* When the LAD starts counting from
Buying property is a big commitment — knowing your rights helps you avoid costly surprises!
https://ekargroup.com/taman-zenaida-seremban-3/