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 Lawyers Corner, A one-stop centre on lawyers and queries

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Whiteminic
post Apr 22 2011, 02:57 PM

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218 posts

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Hi dariofoo,

Could you help to glance through the following quotation for S&P and Loan please?

Sub-Sale Property purchased at 945K and Loan Amount 800K. Are the charges reasonable? Thanks a lot for your help!


S&P


Sale & Purchase Agreement 7065
CKHT 200

Tax 435

Subtotal 7700.90


Disbursements

Stamp duty on MOT/ Adjudication 10
Stamp duty on transfer 22350
Stamp duty on S&P Agreement 40
Affirmation on Statutory Declaration 8
Registration of Transfer/Change Name 500

Printing 80
Land Search 90
Transportation 180
Miscellaneous 50

Subtotal 23308

GRAND TOTAL 31008.90






HOUSING LOAN AGREEMENT[/u]

Facilities Agreement 6050
Deed of Assignment/Charge 605
Caveat/Withdrawal Caveat 350
Government Tax 420.30


Subtotal 7425.30



DISBURSEMENT

Stamp Duty on Facilities Agreement 4000
Stamp Duty on Charge 40
Stamp Duty on Letter of Offer 10
Statutory Declaration on Owner Occupation 18
Statutory Declaration Non Bankruptcy 18
Purchase of Security Document 70
Registration of Charge / Discharge 120
Registration of Revocation of POA/Printing 80
Registration of Caveat/ Withdrawal Caveat 420
CTC of Title/Official Search/Bankruptcy Search 38

Printing,telephone,Postage 80
land search 90
Transportation 180
Miscellaneous 50

SUBTOTAL 5214



GRAND TOTAL 12639

This post has been edited by Whiteminic: Apr 22 2011, 03:10 PM
Whiteminic
post Apr 25 2011, 11:14 AM

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QUOTE(dariofoo @ Apr 24 2011, 09:14 PM)
Whiteminic:

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Land search ought to be RM30-50
Bankruptcy search RM12/pax
Stamp duty on SD is RM10, not 18.
If same solicitor then transport RM180 X 2 = RM360 is quite pricey. Same goes for printing - RM80 x 2 - RM160, and Misc - RM50X2 = RM100. Total for disbursements is RM620.
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Hi Dario,

Thanks a lot for your effort. You have certainly been very very helpful to all off us here.

You have a good day!

Whiteminic

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