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 Lawyer Fees., Overcharge.

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Alvinyeo
post Oct 12 2011, 11:52 AM

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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
Alvinyeo
post Oct 12 2011, 10:30 PM

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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.

 

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