QUOTE(strafez @ Jul 29 2011, 08:43 PM)
Hi Dario,

My situation is like this, I'm selling a property for 590k. The SPA fees a legal firm quoted me is about RM6.8k, I asked for best price he only deduct RM900 (have 3 owners, RM300 X 3) as for CKHT search they will bear themselves so the whole thing price came down to RM5.9k. Is it a good bargain or should I ask for further discount?




We don't talk about discounts in this thread. As you know it is illegal. So, whatever discount is between you and your lawyer.

QUOTE(strafez @ Jul 29 2011, 08:43 PM)
I get to know that the Purchaser's lawyer will draft the SPA and my lawyer will wait for the draft so by then he will check it before we sign. I understands that this is a normal procedure, just felt like abit not worth the amount I'll need to pay for. Is the Purchaser paying for about the same?




Anyone who appoints a lawyer to act on his behalf pays full scaled fees. Disbursements will vary between you and purchaser. Of course purchaser pays more in total as stamp duty is involved. If you feel that you don't need to be represented, and that what you're paying is "not worth the amount", then get rid of the lawyer and appoint the purchaser's lawyer to do the redemption and file CKHT forms for you. Easy peasy. The choice is always up to you whether you want to appoint your own lawyer or not.

If you want to know the pros and cons of appointing your own lawyer vs tumpang purchaser's lawyer - go read the first few pages of this thread. There was a discussion to that effect. 

You want to read horror stories of unrepresented vendors who alleged that they got "taken for a ride" by ourchaser's lawyers?
There's so many in this thread, I've lost count. Read a few and perhaps then, you'd be enlightened. 

QUOTE(strafez @ Jul 29 2011, 08:43 PM)
And I've waited for 2 weeks in exact since the offer letter had been signed. From the Real Estate agent, he said the SPA and the remaining % for deposit should be done within 14days from the day we signed the offer letter. I know we shouldnt be too harsh just wondering what should we do if we wait for another few more days and still no news?




Sometimes it's 14 working days. Might want to check, It doesn't mean that it must be signed in 14 days. If the first draft is e-mailed by the purchaser's lawyer to your lawyer within the 14 days and parties start communicating back and forth, the 14 days period is deemed to be extended by virtue of the solicitors' conduct. It is a common understanding in that regard. If you feel that you need to push the lawyer to speed things up, go ahead. You're paying fees anyway. At the very least the lawyer ought to explain the delay.