Hi Dariofoo,
Hope you can help answer some of my queries:
a) I am thinking to sell my property. Can you advise me on the procedure and the fees involved?
I bought the house on 2005, refinance it on 2009. Would the RPGT tax applicable on my case?
b) I have another joint house loan with my brother. I plan to sell or refinance the house. However, he refuses to do either of the 2 actions mentioned above. Can you advise is there anything that I can do? I have been paying half of the housing loan all this while. I have gone through some articles, and those articles mentioned that there is nothing that I could have do. Does Malaysia law protects the buyers' interest too for joint house?
My apologies if you have answer it before in this forum, but there are over 100+ pages and I may have missed the answers posted by you on the same questions as above...
Regards,
BM
Added on November 12, 2012, 2:44 pmQUOTE(BM81 @ Nov 12 2012, 02:13 PM)
Hi Dariofoo,
Hope you can help answer some of my queries:
a) I am thinking to sell my property. Can you advise me on the procedure and the fees involved?
I bought the house on 2005, refinance it on 2009. Would the RPGT tax applicable on my case?
b) I have another joint house loan with my brother. I plan to sell or refinance the house. However, he refuses to do either of the 2 actions mentioned above. Can you advise is there anything that I can do? I have been paying half of the housing loan all this while. I have gone through some articles, and those articles mentioned that there is nothing that I could have do. Does Malaysia law protects the buyers' interest too for joint house?
My apologies if you have answer it before in this forum, but there are over 100+ pages and I may have missed the answers posted by you on the same questions as above...
Regards,
BM
Hi Dariofoo,
I managed to dig back your response for my 1st question....
"As for seller, 2 options:
1) Appoint another lawyer to act on seller's behalf - seller has to pay full scaled legal fees to the lawyer. Lawyer would vet the draft SPA prepared by the purchaser's lawyer and would also follow up with redemption of seller's loan, preparation of discharge of charge/deed of RnR, application for consent (if applicable) and filing of CKHT Forms.
2) Do not appoint own lawyer but authorise purchaser's lawyer to assist with redemption of seller's loan, preparation of discharge of charge/deed of RnR, application for consent (if applicable) and filing of CKHT Forms. Seller does not pay full scaled fees but is fixed on the assistance rendered by the purchaser's lawyer, eg applic for consent is RM300, discharge of charge is RM300, plus some disbursements would be payable too.
"
What would the approximate total charges for both scenarios? Will I be taxed for RPGT?
Also, can you help to provide answers to my question (b) (Sorry, am a noob in law)

Thank you.
This post has been edited by BM81: Nov 12 2012, 02:44 PM