This is a new double story house under development and expected completion date is end of 2012. I have been going to the site monthly for its status. Unfortunately the unit that the workers are staying is the unit that I have purchased. Aren't those workers are not allow to stay inside the 90% completed unit. What will happen to the final finishes? The worst might be that these workers will just shit inside the house as there is no toilet available for them.

So all this will be treated as a defect?

Please advise.

Hi Dario,

I have a question regarding the transfer of property.
My Grandpa passed away and will stating the property to be transfer to me. After all the processing for 2 years, the property now is under my name. But i would like to transfer the property to my brother. Do i need to pay any tax? government tax? i heard some people say need to pay what government tax 20%++ on the market value of the property which is like few hundred k. i m not selling the house but transferring to my own siblings.

The property is more than 20years now so Real property gain tax wont come into play.

Hi Dariofoo

Hope you can give me some advise what to do.

I put up a paid ad at propwall to sell a house of mine.
Then one real estate agent stole some of my pictures to be
used in his own free ad of another house. I called the agent up
and request him to remove the pictures of my house from his post. He agree
but till today it's still there. My pictures are all watermarked but he edited them out.

I then emailed propwall admin and requested that they remove it.
But the admin says they will call the agent and ask him to do it.

I fear that nothing will happen. I will wait a few days to see what happens.

If nothing, what can I do? Can reporting to MCMC do anything?
Btw the pictures is a very different type of house than what the agent is selling.
It's totally a misrepresentation besides been not the same house

Thanks in advance

Oh another thing, this thing has happened before but that time propwall
removed his ad but not this time. Same agent

Transfer to your brother out of love and affection without SPA, right? You need to pay full stamp duty on the market value of the property. That would be the only tax. Stamp duty is fixed and depends on the market value, determined by LHDN.
Nope. It does not work that way. Date of acquisition is the date when the property is registered under YOUR name. Date of disposal is the date the MOT is transferred to your bro. Less than 5 years, surely, so there would be RPGT if it was a normal sale at a higher price than market value at date of acquisition. In this case, since there's no SPA and the transfer is out of love and affection ,there is no gain on your part so RPGT would not apply. 

Thanks Dario for your answer. I'm thinking isn't Propwall also accountable for what goes onto their website? Its accuracy and the integrity of their advertisers?

The worst of your concern is that the workers might shit in the house? Seriously? 

That is the worst case scenario. Anyway most developer forbid the workers to stay in any of the lots and instead they will allocate the workers quarter/cabin for them, right?

Hi Mr.Foo,
After searching LAWYER CORNER and LAWYER CORNER V2, I haven't see anybody asking how much a Standard Normal WILL Cost? What is the range like? is it RM500 to RM1000?

Does a WILL include my EPF/KWSP and everything I have will pass it to beneficiary according to LAW.

Thanks.

A lawyer quoted the below disbursement fees for a Perfection of Charge transaction for my bank (Property was issued an individual title). It looks a bit excessive to me (as it comes up to abt the same amount for the legal fees) and would like to get your opinion.

Stamping of Charge Annexure @ 4 copies  40.00
Land Search      90.00
Registration of Charge      120.00
Purchase of Documents      200.00
Printing & Faxing      100.00
Courier & Misc        100.00
Transport,        200.00
        Total 850.00

The legal fees came up to RM890. This is not an MOT as i went with the original S&P lawyer for that

Please refer to the samples in v1. You can see which ones are overcharged. Especially when you consider the fact that it is only for registration of charge, which quite straightforward. Why did you not use the same lawyer for both MOT and Charge?

not by choice. Bank wanted their own panel and developer had their own panel.

Legal fees absorbed by developer? This is after VP ?

Depends on how complicated it is - beneficiaries, properties, executors, trust deeds, other related matters.

Also depends on which law firm you go to - big, medium or small.