QUOTE(invest2229 @ Jul 16 2009, 12:04 PM)
I did check with my banker about top-up SPA price, and they said nothing
wrong and she told me most people are doing this.
- Bank will most welcome if you take higher loan from them.
- Lawyer will most welcome because they can charge you much base on the price
- Government will earn more on the Stamp duty.
So, seem everyone also happy with this, then why does this illegal ?
Just try to understand more..
Just people doing it, doesn't mean it is legal. People speeding in highway beyond 110km/h is like a norm, a lot of people doing and get away with it, right? But it is not right in the first place, get it?
Whenever you signed the dotted line on legal documentation, it just means that whatever stated information in the contract is correct and exactly what is happening in real deal. So if the actual deal or situation is different in the contract, it is deemed cheating already.