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 Lawyer Fees., Overcharge.

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michaellee
post Oct 12 2011, 11:57 AM

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QUOTE(Alvinyeo @ Oct 12 2011, 11:52 AM)
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 ?
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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.

 

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