QUOTE(andrewlimkn @ May 7 2012, 01:13 AM)
Developer will bear all costings for SPA legal fee + SPA stamping only (RM 10 x 4 copy), not the stamping fees for MOT (memorandum of transfer) which many people mistaken. When the strata title is being issued, the lawyers will collect a legal fee from us for the "perfection of title". costing is normally 25% of the legal fee for SPA. They will also collect the MOT stamping fee from us then. If u sell the house before strata title being issued (unless developer already submitted for strata title issuance and do not allow direct transfer), you will not need to pay the MOT stamping fee.Developer will bear loan legal + stamp duty (the expensive one) + facility agreement stamping (RM 10 x 4 copy).
QUOTE(krif @ May 7 2012, 12:40 PM)
did u all notice that the SPA havent stamped yet?? i called to the lawyer, she said the developer holding all the SPA and will only pass to the lawyer by this month for stamping..
maybe they wait till more owners signed the SPA + Facility Agreement so they need not run back and forth a few times?Most likely we are due to service first 10% interest payment in August/September as the first piling and earthworks will be completed by then.
May 7 2012, 12:57 PM

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