Tangible assets are assets that has physical existence and it can be touch and seen.
If your lawyer declares that you are the new owner for your house, normally this is when your bank had just released the full amount of your loan amount to the vendor or seller, you can change your house electricity bill or TNB ( Tenaga Nasinal Berhad ) bill to your name now .
Same like electricity bill or TNB Bill, when the buyer's lawyer declared that the buyer is the new owner for that house or the buyer's bank had paid the full amount to the vendor, the buyer or the new owner can proceed to change the ownership for Indah Water account of that property.
After the house owner signed the tenancy agreement with his/her tenants, the tenancy agreement would require to send to Inland Revenue Board or Lembaga Hasil Dalam Negeri ( LHDN ) for stamping.
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