Hi,

i purchases a condo with amount of RM309k. the total spa cost from lawyer is RM11,315.78. is it reasonable? can i report this to lawyer bar council? the lawyer firm is from mutiara tropicana. i deal with one lady who claims she is one of the partner. her name is H*Y*T**.

Legal Fees

Sales & Purchase Agreement

Scale

Percentage

1)First RM150,000.00 1%
2)Next RM850,000.00 0.7%
3)Next RM2,000,000.00 0.6%
4)Next RM2,000,000.00 0.5%
5)Next RM2,000,000.00 0.4%
6)Excess of RM7,500,000.00 Negotiable on the excess but shall not excess 0.4% of such excess

Standard counting.

Sources : http://www.alvin.my/2011/07/buying-guide/

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Added on October 12, 2011, 11:55 amYour SPA standard legal fee should be RM2613 only. You can always choose other lawyer and not go for 1 lawyer only. What i do is to get quotation for few lawyers to compare. Your cost is include the stamp duty ad is it ?

This post has been edited by Alvinyeo: Oct 12 2011, 11:55 AM

use the calculator here: http://www.e-properties2u.com/loanlegal.html

don't know your loan amount...so can't calculate the legal fee for loan

but for s&p, it is about RM 8,900

I believe TS mentioned total bill. Even then, it is quite expensive. Unless it includes facilities agreements + costs. TS should be a lot clearer in presenting his/her case.

why don't list down the detail for each charges instead of total sum

List down details like

lawyer fees

govt stamp duty

as these two are the largest.

like this also want to report?

only spa. yeah, i think the lawyer charge too much. the details as below,

SPA Agreement: RM2,613
Memorandum of Transfer: RM300
Entry of Private Caveat: RM300
Withdrawal of Private Caveat: RM300
CKHT 2A: RM400
State Authority Consent: RM300

6% Government Tax: RM252.78

DISBURSEMENTS:
STAMPING OF SPA: RM40
STAMP DUTY ON TRANSFER: RM5,180
REGISTRATION FEE FOR TRANSFER: RM400
ENTRY OF PRIVATE CAVEAT: RM340
WITHDRAWAL OF PRIVATE CAVEAT: RM100
BANKRUPTCY SEARCH: RM50
LAND SEARCH: RM90
AFFIRMATION ON STATUTORY DECLARATION: RM50
CARIAN RASMI AND PROCESSING FEE FOR CONSENT: RM100
REGISTRATION FEES FOR CONSENT TO TRANSFER: RM100
STAMPING STATUTORY DECLARATION: RM50
PRINTING & PHOTOCOPYING CHARGES: RM150
TRANSPORT, TELEPHONE & FACSIMILE CHARGES: RM150
MISCELLANEOUS: RM50

TOTAL: 11,315.78

another blood sucker lawyer. guys, u all better watch out to get rid of this lawyer!

if only SPA then yes, its a bit on the high side.
should be around 8-9k for your loan amount.

but if its including Stamp Duty (like you mentioned), then it is a reasonable amount.
if first house then can ask for further discount

memang lidat wan la, always remember there is a small ++ tag attached to your house price

This post has been edited by wunderbar: Oct 12 2011, 01:40 PM

Don't go through Real Estate Agent or Banker?

If you Planning to ask for discount then that is the bill.

well, for the price paid, did your lawyer performed his duty as expected?

No problem for the charges for my opinion since they follow the table given by lawyer association
If i'm not mistaken, SPA agreement fee is not negotiable according to the lawyer association, except for real estate above RM1mil.

Other expenses i got no comment, maybe u can negotiate with them in this matter.
Instead of complaining, i think the efficiency of work they conduct is much more important. Since you already pay for the fee, maybe u can try to ask seek legal advise on real estate to improve your knowledge.

not at all. hav u encounter that when u call the lawyer 10 times per day, not even answer call once. and she never call back or sms back. what can do abt this?

I have... I just went to their office the next day and stormed in. Made a lot of fuss but they were also delayed in many other things.

Have changed lawyers after that property

If is include Stamp duty than is really not that weird. Cause stamp duty very expansive. Usually you can ask the lawyer for discount at the disbursement part there. That is where they make the most.

this is far worse than my parent case

bought this house and paid for all expenses, including assessment for 2H 2010, end up still owing assessment for 2H 2010, call numerous time to lawyer and keep pushing here and there

is there anything i can do abt the charges? because of this lawyer, i had read through the SRO. is the SRO still valid? coz it was from year 2005.

i would say, most likely, nothing can be done

I just got my invoice from my lawyer - preperty under master title so no caveats etc. purchase price 465K lawyer fee excluding stamp duty 3029.30. IMO she is quite good as she has done my previous purchase. Location Puchong so if you want PM me I'll pass you her contact

also @ spchon2, did your lawyer perform his duties as expected? if so, you should feel "lucky"