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

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kiddo
post Dec 2 2010, 11:34 PM

Casual
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Junior Member
348 posts

Joined: Jan 2003
From: PJ


Hi... Im buying an apartment (subsale) soon. Looking for a lawyer to process the S&P. Any recommended lawyer (reliable with reasonable charges), kindly PM me the name and contact number... or list here if you don't mind.
Preferably, the lawyer firm around Klang Valley.

BTW, it is advisable to use the panel lawyer from the bank?

This post has been edited by kiddo: Dec 2 2010, 11:39 PM
kiddo
post Dec 3 2010, 10:56 PM

Casual
***
Junior Member
348 posts

Joined: Jan 2003
From: PJ


QUOTE
If you read the first post of this thread, you will notice at the end that there is a warning to all lawyers that no touting is allowed here. Generally speaking, as it is, lawyers are not allowed to advertise, so the 'listing' you've requested is also not allowed here.

I'm sure some 'cari makan' lawyers (or 'lawyers') will PM you to solicit their services. Go ahead if you feel comfortable.

Personally, I would ask family and close friends to recommend a law firm whose services they have personally engaged AND was satisfied with the service rendered.

Read our earlier posts to learn more about selecting lawyers, and also to answer your query on whether it is advisable to use a bank panel lawyer.

If you need any more clarification, come back here and ask. nod.gif

Cheers.


... Sorry bout that... didn't mean to spoil the thread... was abit excited... hehe rclxm9.gif
Must admit I skipped some posts (speed reading) because it's regarding buying new development and not subsale.
Anyway, I managed to get a draft quotation from a firm. Below is the detail. Please advise... thumbup.gif

I'm buying the leased hold property for RM182,000

Sale and Purchase Agreement 1,724
Preparation of Entry and Withdrawal of Private Caveat 350
Submission for change of ownership form to local council 100
Preparation of CKHT 2A* 200
Stamping of Sale & Purchase Agreement 40
Adjudication fee -
Stamp Duty on Transfer (subject to adjudication) 1,320
Registration fee on Memorandum of Transfer 100
Registration fee on Private Caveat 380
Affirmation fees for Statutory Declaration 4
Title Search 30
Bankruptcy search 48
Printing, Travelling, Courier & Etc 100
Miscellaneous 50
-----------
Total 4,564

Any other missing fees in the list?

This post has been edited by kiddo: Dec 3 2010, 11:00 PM
kiddo
post Dec 4 2010, 12:06 AM

Casual
***
Junior Member
348 posts

Joined: Jan 2003
From: PJ


ahh.... yeah... first purchase sweat.gif

RM100 for the "change of ownership" for me is ok... because
1. no experience: dunno when to do, where to do, how to do, what form to bring, how to fill form, 1 time off effort??, etc
2. need to take leave to do it... leave = $$$
3. lazy... hahaha


One more question>> based on the stamp duty calculater at elawyer website, amount is RM2,640 for property value RM182K. So i presume, RM1,320 for Stamp Duty on Transfer (subject to adjudication) on the quotation already 50% off?

kiddo
post Dec 17 2010, 11:19 AM

Casual
***
Junior Member
348 posts

Joined: Jan 2003
From: PJ


Hi Dariofoo,

I just received a draft S&P from my solicitor. Is there any standard/sample S&P available online that I can view and compare with mine? I'm a first time buyer and not sure if the S&P is alright or maybe missing some clauses? It's a subsale purchase. Kindly advice... thanks.
kiddo
post Oct 23 2011, 12:36 PM

Casual
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Junior Member
348 posts

Joined: Jan 2003
From: PJ


QUOTE(ken8120 @ Oct 19 2011, 06:31 PM)
Dear Dario

i signed s&p with the buyer on 1 June 2011.according to the S&P completion date shud b 3+1 from 1 june 2011.On 2 sept 2011 ,purchaser financier paid redemption sum to my bank. Balance purchase price to b paid later.  but my bank took 22 days (S&P 10 days) which is 25 sept 2011 to execute the discharge of charge and original document . .today 19 october ,the lawyer stil havent receive the balance from the purchaser's financier.

Wish to ask ,am i be able to get 8% interest perannum from the purchaser?Tq Dario
how to calculate
*
If im not mistaken, 3+1 is calculated from the date of consent letter from state authority. Not the date of S&P wink.gif

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