Lawyers Corner, A one-stop centre on lawyers and queries
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 Jan 17 2011, 10:49 AM
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#1
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Junior Member
4 posts Joined: Sep 2010 
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Hi everybody,
I need help on this. My friend told me my lawyer charged very expensive fee. Ask me to get second quotation which I'll definitely do. But kindly comment on the following. Loan amount RM394245.00 and purchase price RM469880.00. The stamp on transfer is usual? pls advise and help me on this. I got a feeling this quotation is very wrong. Thanks. 
This post has been edited by oal_liang: Jan 17 2011, 10:57 AM |
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Jan 17 2011, 11:04 AM
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#2
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Junior Member
4 posts Joined: Sep 2010
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QUOTE(dariofoo @ Jan 17 2011, 10:59 AM) Thanks guys! Hi dariofoo,  Is your big day. Happy Birthday! |
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Jan 17 2011, 11:26 AM
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#3
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Junior Member
4 posts Joined: Sep 2010
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QUOTE(dariofoo @ Jan 17 2011, 11:21 AM) Bro, Thanks for your prompt reply. My property is actually located at Johor. The developer is actually agreed to give 3k discount on the S&P, so we thought their lawyer will charge higher. Any idea wat's the common fee for disbursement for reg title?The legal fees are correct and proper. The reason why the total sum of 21k may come as a shock to you is because it is for both your SPA and Loan Doc as well as for stamp duty on both - which comes to about 11k, if i'm not mistaken. Where is this property located? The disbursement for registration of title, which is 2k, is quite expensive. Unless the property is from the likes of Jelebu, where they calculate according to the value of the property, and not a fixed rate. Bankruptcy search of RM90 is also very excessive. It ought to be RM12/pax only. Other than that, it seems alright.  No harm in getting a second opinion though thanks a bunch!! |
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