Have yet to receive any circular on this matter. Shall try to get more info and update you all on this. 

@Jalsrix - you would not be applicable as you're not a first time buyer, irregardless whether the S&P is stamped in 2011 or 2010.

What do you mean lopsided statements? You mean it's biased in their favour?

Wow, that's rather odd... Usually 4 copies would suffice... Maybe it's the normal practice for your lawyer's firm?

4 copies - 1 original and 3 copies. Original is for purchaser, one copy each for vendor, purchaser's financier and purchaser's solicitor file copy.

With regard to bank loan docs, did you pay a certain sum as deposit to your loan sol. I hear that Hong Leong instructs it's solicitors to retain RM1,000.00 as deposit which is refundable when the transaction is complete. I think if you abort it they will forfeit the RM1,000.00 as a form of penalty.

Not sure with other banks though. Would be wise to read up on the letter of offer. Technically the facility agreement would not be in force yet as it has not been stamped with the ad valorem stamp duty. So it would fall back on the terms of the letter of offer. Am sure there would be a penalty as the loan solicitor would've started work on your file. Perhaps you can check with your mortgage consultant on this as well.

Hope the above helps,mate. 

More often than not, the solicitor would wait at least for a confirmation that the loan solicitor has advised for drawdown of the redemption sum first - before submitting the DOA/14A for adjudication. Once it has been submitted for adj, and the Notice from LHDN has been issued - you would have to pay for stamp duty. What if in the interim, the purchaser's financier decides to pull the plug on the loan and decide not to issue the cheque for redemption? Then there would be a problem.