For new property:

1. What's the normal practice for SNP signing - before down payment or after?
2. Do I need to hire my own lawyer if the SPA legal fee is beared by developer?
3. What is the general details in the SNP generally that I need to pay attention on?
4. How can a buyer be protected in this case as the buyer doesn't have a lawyer to protect his/her interest?
5. If the content of the SNP is on contradiction to the product catalogue and commitment by the developer, what should the buyer do?

Hi, I have a question on leasehold properties without title. Is the state authority consent required if I want to sell this kind of property?

Or is the State Authority consent only applicable to those leasehold properties where individual title has already been issued? Thanks.

Thanks for the advice.

But I'm not satisfied the service with the lawyer firm. The staff are very rude when talking to me via phone.
Can i cancel the loan with this bank since i have other offer? Did i need to pay any penalty charges to this lawyer firm? But i'm not willing to pay them

The bank charge me RM200 processing fees. And said i need to bear half of the legal fees...
Ya.. It's appointed by the Bank. But i really not willing to pay them with this kind of services. (When i request the bill, they refuse to give me, so i mentioned that i wont go to sign if you all didnt provide the bill to me. The staff reply me that "Dont want to sign, Dont sign" then hang off my phone)        

Thanks for the input. I have contacted my landlord today, and still no reply. It has been 3 days (including today) that he's taken the keys/cards and without returning my full deposit (only 1k out of 4k). How long can he delay it till I take further action? When I call him, he keeps saying he's in a meeting and call me back.

I've taken the precaution that, I found his Facebook, and I know where he works (he sent me emails from his work email) and i have some contacts working in his corporation - just in case he tries to be funny.

Thank you!

Dear Dario,

I just sold my aprtment for RM245k and received a 2% deposit directly from the buyer and not thru agent. Received a call from my buyer asking me whether in the S&P which will be draft by her lawyer to state the selling price to RM220k in order to qualify for the 1st housing scheme. She said not to worry as the selling price still RM243k and will paid me the full amount of balance. Should i go for a legal document for this issue to protect myself?

Dear Dario,

Thank you so much for the information. Appreciate your help and advice

Hi Dario

My cousin is selling her condo to a foreigner for RM450k but since the min price of a property that a foreigner can buy is RM500k, the S&P will reflect
RM500k instead (actual selling price is RM450k). its a freehold property and it wont be subjected to RGPT. Title is out already...

My question - are there any issues that she should be mindful about ? she intends to use the buyer's lawyer for the transaction.

My second question relates to a landed prop that i am selling and the s&P is due to be signed within 14 days. 2% deposit has been paid to the agent.
However, I would like to delay the signing of the S&P for another 3 months ..if the buyer is agreeable to this, what are the issues i should be aware as a
seller and would it be ok to just get the agent to get this in writing from the buyer?

Thanking you in advance...
Jess

Hi Dario,

I wanted to buy a condo from my relative but problem is she is not in Malaysia, migrated to U.K. Is that possible the S&P agreement can be sent over there for signing?
Any issue here?

Thanks

Hi dario,

Thanks for your help! Appreciate that. What is the normal disbursement cost?

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Added on April 7, 2011, 6:53 pm
hai dario

1) i found out that my landed property, leasehold is under master title and not the individual title,
is this legal for developer to do so?

2) i heard that it will took years to get the individual tiltle, is this true?

3) what is the process to get the individual title?how much it will cost me?

4) what will happen if in future i'm going to sell this house?

5) How about the MOT, when should i pay for it?
Hai dario

can you assist me on the above?

Hi dario,

Question on CKHT 3 and tax exemption. I'm the vendor and I'm applying for my one time exemption. Is the normal process for the purchaser's solicitor keep the 2% until they receive the CKHT 1A + 3? I want to trust my appointed solicitor but I want to be prudent and get a second opinion as well since it's my first time selling a property.

The property in question is under construction with key handover expected sometime in the second half of 2011.

TIA

Hi....dariofoo

I had place for deposit for my house recently & looking for bank loan now
this banker was drag me for more than 1 mth
then i try call the banker see what is the problem
banker only tell me is bcoz of the development order by the developer
means developer still havent got the DO from relevant authority
now my deposit was hold by them (i cant remember my cheque issue to developer or lawyer)
no matter how, without the approval of the DO, can the developer take our deposit?
if cant, can i withdraw & ask them fully refund my deposit? since they hold me long & i think to buy other property

thank u 

I finally received a cheque, but it was dated for 3 days later, and I would need to wait till this Saturday to deposit it. And he deducted RM100 from my deposit for ruining the water heater, but it was internal wiring issue and we had already informed him in writing (email) before the switch blew up - he blamed us. Then took him 1 week plus to fix the heater. Personally, he is trying to manipulate me. The lease was under my partner's name and due to unforeseen circumstances, we had to leave the country earlier than expected and hence, we moved out 1 week earlier, but paid the rent in full and fulfilled the lease requirement as well (1 yr tenancy). Apartment was left cleaner compared when we moved in.

- Old CRT tv, half broken, takes up lots of space and bad reception - we hardly use it
- mostly cheap and second hand furniture, easily breakable (broke one table, the leg came off one day while moving it. The remaining 3 legs are flimsy so we didnt use it)
- stained kitchen top when we moved in, blamed us when we moved out.
- promised a hot plate, but bought induction cooker (RM99 only, the price was still on it) and caused us to buy new kitchenwares (he provided cheap kitchenwares and could not use with induction)
- mouldy bathroom when moved in.
- broken aircond when moved in, fixed 3 times in 6 months.
- fridge will need to be defrost every month or else the door cant be closed

Worst landlord

Hi, dariofoo.

My lawyer quoted me the followings legal fees as I had sold my condo at 840k.

1) Discharge of charge rm300
2) Witnessing of documents rm300
3) Disbursements rm400
4) CKHT submission rm300

Service tax 6%

As a vendor who tumpang seller's lawyer, is this quotation ok?
Please advice.
Thanks.

500k subsale property, roughly what's the rate for SPA, and LOAN all in?

Thanks.

Haha    ya, you still hutang me this answer...

This is the quote i get from lawyer for The loan amount of 539820 leasehold terrace house buy from developer(SPA free), the lawyer is same for both S&P and loan, is this reasonable?

professional fee:
facilities agreement 4251 with some disc become -2763.15
DOA -276.32
PA -276.32
gov tax -198.95

total: 3514.73