Friday 30 September 2011

LeGaL FeEs 4 S&P...

BREAKING NEWS:
I just got to know that my owner is a "she" so she is Mrs Owner now.. please excuse me and my always got confuse with chinese name problem... sowwy Mrs Owner... Ni la akibatnya kalau xbersemuka ngn tuan tanah...walhal nk beli umah dia...wakakakaka.. 


Yenneway..today i want to talk about Legal Fees for S&P 



A. LAWYER CHARGERS:
  1. Sale & Purchase Agreement (S&P)
    For 1st RM150k    x 1.0%
    The next RM850k  x 0.7%
  2. CKHT 2A [RM200] approx.
  3. Government Service Tax (6% of no. 1 +no.2)
B. DISBURSEMENT:

  1. Stamp Duty on S&P *
    For 1st RM100k       x 1.0%
    RM101k - RM400k  x 2.0%
  2. Others  [RM800 - RM1,200] approx.
    • Search on Title
    • Developer's Confirmation
    • Registration on MOT
    • Traveling expenses
    • Photostatting, Printing, Telephone, facsimile
 * You may choose to apply for the remittance of 50% stamp duty if you never apply for it.

Example:   
 Purchase Price RM300k
  • Lawyer Chargers RM2,915
    >>S&P          RM2,250
    >>CKHT 2A  RM   200
    >> G.S. Tax   RM   165
  • Disbursement      RM5,980
    >>Stamp Duty   RM5,000
    >>Others            RM  980

  •  Discount              -RM2,500  
     (remittance of 50% stamp duty)


  • Total                         RM6,395
*This is a quotation only, the amount may vary depends on the actual situation of the case.

Usually upon appointing the lawyer, you will need to pay the deposit for the lawyer to start processing the documents and the balance to be paid once the S&P has been signed. (Ni semua subject to the lawyer, boleh dibawa berbincang, mine i already told the lawyer i will minus the fee from the loan i'm taking..hehe..) 
 In my case, my deposit was only RM500... :D Thanks Ms Lawyer
 

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