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 Stamp Duty (Remission) (No.3) Order 2010, 50% off stamp duty for MOT/DOA & LoanDoc

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keane04
post Jul 29 2012, 11:12 PM

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Just to double confirm.

If my apartment spa executed in 2009, and mot execute this year. I am not entitled for the 50% rebate, rite ?

Do i qualify for any other rebate ? This is my first property i am talking about.
keane04
post Jul 30 2012, 01:32 AM

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QUOTE(dariofoo @ Jul 29 2012, 11:34 PM)
What is the price of the property? If it is below RM250k then you would be entitled to 50% rebate under the remission order issued in 2008 which applies to acquisitions between 8 Sept 2007 - 31Dec 2010.
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Mine is joint buyer at feb 2007 den in 2009, i bot the other half from my joint buyer and did refinance wif zec. Property price is 160k.

I remember i did get some discount then but i cant recall. I need to execute mot soon, do i get the discount ?

This post has been edited by keane04: Jul 30 2012, 01:33 AM
keane04
post Jul 30 2012, 11:18 AM

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QUOTE(dariofoo @ Jul 30 2012, 10:36 AM)
Was there a transfer by way of assignment back then? If so, you would've paid full stamp duty upon the MOT and obtained the rebate there and then itself. Now for your MOT, stamping would only be RM10.
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the transfer was by executing SPA for the 50% of the apartment. that time, i just pay the stamp duty of rm800+ for value of 85k (half of the apartment worth during 2009)

the MOT is ready to execute start this year.

 

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