First of all dario, thanks very much for the thread. It's been very useful and answered many of my questions already.

I bought a property from the developer and am now selling it off before the property has been completed. If there are any delays on the developer side and the developer pays penalties, will that come to me as the official current owner or to the new buyer?


This post has been edited by tishaban: Mar 29 2011, 08:38 AM

The "good law firm" part is what concerns me now. I do know a bad law firm having dealt with them many years ago but the rest that I've dealt with while buying and refinancing have been almost invisible that I don't know if they're good or bad if something goes wrong...

But thanks again, reading 20 pages kept me awake this morning

Dario, I'm selling my property, here's the proforma invoice I received from the lawyer.

Legal fees for S&P xxx
CKHT 1A Submission RM 300
CKHT 3 Submission RM 100
Discharge of Charge RM 300
6% tax

Disbursement
Stamping fees on Discharge of Charge RM 10
Registration of Discharge of Charge RM 70
Bankruptcy search RM 30
Affirmation Fees RM 100
Travelling Expenses RM 100
Postage & Courier RM 30
Misc (Telephone etc) RM 50

Thanks!

Thanks for the quick response. I've talked him down and we've agreed on a figure. I wonder if the guy checks lyn

Hi dario,

Question on CKHT 3 and tax exemption. I'm the vendor and I'm applying for my one time exemption. Is the normal process for the purchaser's solicitor keep the 2% until they receive the CKHT 1A + 3? I want to trust my appointed solicitor but I want to be prudent and get a second opinion as well since it's my first time selling a property.

The property in question is under construction with key handover expected sometime in the second half of 2011.

TIA