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 Lawyer's Corner v2, One-stop centre for any legal queries

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TSdariofoo
post Mar 26 2012, 05:45 PM

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QUOTE(applepie111 @ Mar 24 2012, 11:57 PM)
Can the order state that the father as trustee to hold on behalf of son?  By then when the son turn 18 years it is the property will become his or still need to go throught lawyer for transfer?  If he change his mind can he do so as trustee? 

*
Can, but it is better to get a third party and get it transferred in favour of the third party.

Once he turns 18, he would need to appoint a lawyer to draft the transfer documents to do the necessary to register his name as the registered proprietor.

If the father refuses, he can be cited for contempt of Court and be punished accordingly - even imprisonment.


QUOTE(applepie111 @ Mar 24 2012, 11:57 PM)

How much average charge the this deed of trust?
*
Depends from lawyer to lawyer. There's no fixed rate.
TSdariofoo
post Mar 26 2012, 05:46 PM

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QUOTE(Chester @ Mar 25 2012, 07:36 AM)
hello friends, how much would i need to prepare for SnP for a 600k house? Need a rough figure for my planning. (snp includes the standard stuff like caveat etc)

Thanks!
*

Added on March 26, 2012, 5:47 pm
QUOTE(aquaria87 @ Mar 25 2012, 09:48 PM)
This is 1st time i plan to buy a house and totally blank on the procedure.

I am eyeing a completed unit of semi d at kajang. the owner asking for RM440k.

What are the the expected cost for me to fork out for legal fees/documentation fees/ any other fees required? The owner own the house so the title held by her not bank as she said no loan taken (A Datin huhu)

thank you for any advice.
*
Use the legal fees calculator at the first page to find out the scaled fees based on SPA price and stamp duty upon instrument of transfer. Add in roughly RM1K for disbursements.

You can also compare with the many samples in v1 of this thread.

icon_rolleyes.gif


This post has been edited by dariofoo: Mar 26 2012, 05:47 PM
TSdariofoo
post Mar 26 2012, 05:49 PM

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QUOTE(elynny @ Mar 25 2012, 06:58 PM)
hi Dariofoo,

Will like to seek some opinion...Usually for free-hold condominium with strata title, how long it takes to complete the change of name from previous owner to the new owner?

Thanks!!
*
Hard to say. How efficient is your lawyer, the lawyer for the other side, and the land office staff? hmm.gif
TSdariofoo
post Mar 26 2012, 05:51 PM

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QUOTE(ketiak_masyam @ Mar 26 2012, 04:27 PM)
this is my 1st time buying house.

My home loan is rm198k with public bank. Public bank appointed their lawyer for loan snp. The bank lawyer charging me rm4k for snp which i think was not reasonable.

is it better for me to sign snp 1st and I dont want to pay 1st until they settle my whole loan process?can i do that?
*
The lawyer has the right to demand for payment upfront. Normally it is like that. Once all is done and you don't pay then how? I would say in 90% of cases where lawyers act for purcahser payment of fees is collected upfront.

Why you feel it is expensive? Have you compared with another quote? Don't just jump to conclusions. Otherwise, ask the bank to appoint another lawyer for you. Get another quotation. icon_rolleyes.gif
TSdariofoo
post Mar 27 2012, 11:07 AM

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QUOTE(feizaiII @ Mar 27 2012, 10:38 AM)
Hi dariofoo.. a quick question here.

What if lawyer say they have advise vendor bank to discharge the property. Is this process nearly the end?
*
More than halfway through. What it means is that the redemption sum has been paid and the vendor's loan has been redeemed (settled). So now the vendor's bank has to execute the discharge of charge and return it together with the original title and other documents to the purchaser's financier's lawyer.
TSdariofoo
post Mar 27 2012, 01:28 PM

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QUOTE(feizaiII @ Mar 27 2012, 12:31 PM)
Thank you bro, explanation is clear enough! After all, is the time vendor pass the key to buyer?
*
Yes the last part would be the handover of keys once the balance purchase price has been paid by the purchaser's financier to the vendor. Normally it would be 3-5 working days after receipt of the cheque as it would take time to clear. icon_rolleyes.gif
TSdariofoo
post Mar 28 2012, 11:43 AM

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QUOTE(ayha2009 @ Mar 27 2012, 04:56 PM)
Hi all,
Need all the sifu and Lawyer advice here.
I have rented out my shop and the tenant (company) failed to pay and not contactable.
I found out that this company had close shop.
The problem is the tenant still have lots of furniture, old phone and some valuable things (may be rm10k).
I have log a police report this week and issue notice (sent to the company address).
In the tenancy agreement that i has the right to take back the premises if tenant failed to pay (2 months).
Need your advice whether i can start to threw away the tenant things?
If not, how long should i wait before i can start to threw away the tenant things?
I have an new tenant soon.
I look forward for your advice.
Thanks in advance.
*
What was the notice sent? Is it a sdn bhd? Was the notice sent to the registered address?

Even though the tenancy agreement says that you can "take back the premises" does it go further and say that you can break the locks? Is the premises locked at the moment with a lock placed by the tenant?
TSdariofoo
post Mar 28 2012, 12:19 PM

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QUOTE(azliayob @ Mar 28 2012, 05:15 AM)
I got this situation.

One company approach to pajak my friend's land which is GSA status. They asked to submit via email the following document before enter the agreement.

1) Color copy of geran
2) Color copy of carian hakmilik rasmi
3) Color copy owner's IC - Verified by Commisioner of oath
4) Color copy of pewaris (if anything happen to my friend) also verified
5) Surat akuan sumpah state that he is the legal owner of the land and appoint me as pewaris to make sure the pajak sistem will continue even the death of my friend.
6) Color copy of latest payment of land tax.

My question, with all the above the document, can my friend's land title be transfer to another person without our knowledge? I mean can it be possible to scam in that case?

Do hope your opinion..
Thanks
*
Check the geran to see if there are any restriction in interest - sekatan kepentingan/syarat-syarat nyata. Is this tanah FELDA? From what little I know, most GSA land are leasehold and there are restrictions on transfer/lease/charge - you need consent from state authority. Some has restrictions against transfer/lease/charge to non-bumi. Is this company bumi or not? Check first.

It is not advisable to surrender all those documents to them for one reason - there are a lot of scam cases where people who possess those documents claim to have consent by the owner to sell it on their behalf. They then collect deposits paid in their favour and then disappear. The buyers will then hunt down the owner and harass them to complete the sale or pay compensation. More so in cases of agricultural land. Anyone can attend at the land and show it to the prospective buyer.

If you give it to them, what will stop them from misusing it, or give to another party to misuse it? Am not alleging them, but am just telling you of the possibility of it.

In any event, items no.4 and 5 should not be given because if the owner dies (am assuming your friend is a Muslim) - his property will be distributed according to faraid. Even if he writes a will only 1/3 of the property can be devised. So, any so-called letter of authorisation/appointment of pewaris would not be valid.

One last piece of advice - your friend should do some due diligence on this company as well (after checking the geran for sekatan kepentingan/syarat-syarat nyata). A company search can give you some info on them. Or ask for their company profile and company registration documents. Shouldn't they give you the documents first before you give them the documents for the land? They want to lease it, so they ought to show that they are genuine.

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TSdariofoo
post Mar 28 2012, 12:20 PM

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QUOTE(101011001 @ Mar 27 2012, 09:24 PM)
Hi Dariofoo,

Is it normal for the purchaser's lawyer to ask for a copy of my S&P and DMC?

Thanks.
*
Of course. It is for them to prepare the draft SPA right?
TSdariofoo
post Mar 28 2012, 04:43 PM

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QUOTE(ryan1206 @ Mar 28 2012, 12:56 PM)
if i were want to refinance a fully settled apartment, is it counted as a housing loan ie. second property.
*
No. It'll count as first since you've settled the intital one.


QUOTE(ryan1206 @ Mar 28 2012, 12:56 PM)
so when i buy next property is it counted my 3rd property that i only eligible to borrow maximum 70% loan? thx
*
No. This will now count as your second only. icon_rolleyes.gif
TSdariofoo
post Mar 28 2012, 04:46 PM

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QUOTE(azliayob @ Mar 28 2012, 01:53 PM)
yes, have sekatan kepentingan, but can be sell, lease etc by penguasa negeri (i dont know what is this position)...
I am not worry if there is a buyer harass to complete the sale, at least the land is still in my friend's name.. the document i submit was a scan copy...

I agreed with you the possibility of misusing the document. All can we do is to put caveat on the land or just do nothing?

However thanks for your opinion..
*
You can't enter a private caveat on your own land. Otherwise it would be Registrar's Caveat but that is difficult to get and if for "fear or worry", that is not good enough reason for the registrar to allow one to be lodged.

Best bet is not to give the docs but it appears that you have done so. It doesn't matter whether scanned or not once it is printed out, it looks as good as a photocopy,right? Oh well..
TSdariofoo
post Mar 28 2012, 04:50 PM

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QUOTE(Kaitlyn @ Mar 28 2012, 02:09 PM)
Hi dariofoo,

I wish to get some advice from you. A buyer want to buy my house with RM100K, but he claimed he want to loan extra 10K for renovation, so now the booking form started property price RM110K. The processing is just begin, at booking form stage only.

May I know is this OK since the extra 10K not get into my pocket indeed. And IF the sold price is stated RM110K, will I kena more on RPGT?
So when sign S&P, which price would be stated in? And is it got any way to protect seller side as I'm just get RM100K at last, not RM110K ?
Many thanks in advanced.  notworthy.gif
*
Normally in such arrangements, the SPA will state the higher price, but in the SPA it would state that you have received a further 10k as deposit/part payment. Or a letter of acknowledgement of payment is issued by you to the purchaser confirming that a further 10k has been paid.

Later when the balance purchase price is received, 10k goes to the purchaser.

In such arrangements, the purchaser has to agree to bear the difference between the 10k increase of RPGT. If he doesn't agree, then the deal would not go through. He can't expect you to pay for it when he benefits from the 10k increase.

There's nothing to protect you as the seller, it is more to protect the purchaser so as to prevent you to turn around and claim that the balance purchase price is 90% of 110k and not 90% of 100k which is the actual situation.

That's all. icon_rolleyes.gif
TSdariofoo
post Mar 29 2012, 10:15 AM

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QUOTE(ayha2009 @ Mar 28 2012, 06:26 PM)
I have sent the notice to the registered address.
I also called the company tel and the admin. no answer and no reply.
I did mentioned in the police report of the contact person.
Is there any course case that I can refer to so that I am protected from any law suit by the tenant later.
The tendency agreement was stamp too.
Pls advice me.
Should I also appoint a lawyer to sent an official notice?
My agent only advice me to give a notice of one week.
If no reply, I can call lory to clean the primise.
I am worry.
*
If you really want to follow the black letter of the law you need to:

1. Give 1 month's notice for the tenant to surrender VP to you;
2. Serve it at the registered address.
3. After that, appoint a lawyer to file a suit in Court for VP with damages (unpaid rent);
4. You can get your order fast - the lawyer has to file a certificate of urgency. Most likely the tenant will not show up so you obtain a judgment in default
5. Serve the order at the registered address.
6. Most likely tenant would still not have any response, so you need to instruct your lawyer to file a writ of possession [WOP] at the High Court.
7. With this writ, you can effect re-entry into the premises. The Court bailiff will attend together with you and a locksmith. Once you've gone in pursuant to the order for WOP, you have the right to dispose of his items. He has no right to sue you for trespass to goods.

Any other way, and you can be sued. Very very few landlords use the above method as it is time consuming and incur more costs. So they take the risk of breaking the locks themselves and throwing away the items. Remember that just because the tenant owes you rent does not mean that you have the right to break-in and throw away his things. If he sues you for trespass, he has a good case. Of course you can put in a counter-claim for unpaid rental and other costs, but it doesn't meant that you won't be liable to him for his claim against you. So it depends on whether you think that this tenant would come back to haunt you or if they have actually tutup kedai and disappeared already.

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TSdariofoo
post Mar 29 2012, 10:20 AM

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QUOTE(101011001 @ Mar 29 2012, 01:20 AM)
Yes, that makes sense.

I have another question with regard to the title. Usually when strata title will be issued by the developer? Currently it is on master title. If the strata title is issued before the completion date, who will bear the cost, the purchaser or the vendor?

Thanks Dariofoo.
*
Ask the developer,bro. There's no "usual" time. Some fast, some slow, some never at all til the developer bungkus. If there's no news on strata til now, just go ahead and base it on master title for now, i.e. transfer of ownership via Deed of Assignment.
TSdariofoo
post Mar 29 2012, 10:23 AM

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QUOTE(Xcaliber @ Mar 29 2012, 02:29 AM)
my friend is buying an apartment in Pandan Indah .. Loan has been approved by bank.. waiting for SPA to be signed.. 
Problem is .. the owner has not collect STRATA title from the developer . His lawyer wants 5 months to clear this issue .  Is it normal or way too long .
How do you advice to settle legal fees ? upfront or when everythings done ?

Thanks
*
There's two things - subdivision is out or strata title is out in favour of vendor. If first one, then can still ask the developer to do direct transfer. There might be an admin charge involved which seller has to bear. If strata title is out in favour of vendor, then it also depends on what stage it is at - has it been executed? Has the charge in favour of the vendor's bank been registered together with the strata? Has it been presented? Extracted? Vendor has to provide all the details to you. He can't just ask for 5 months.

'5 months to do what?' should be the question posed back to him. nod.gif
TSdariofoo
post Mar 29 2012, 06:15 PM

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QUOTE(lovepark4444 @ Mar 29 2012, 10:48 AM)
Hi DarioFoo,

I was kena con by a chinese medium 5 years ago by believing her that my parents will divorce in the future..........with this thing spiritual stuff will avoid it happen and relationship will get better.......Forgive me for being too young at that time with innocent mind blindly gave the money...........So now after 5 years I saw her doing this fortune telling again at another place in KL...........I was thinking of doing something to prevent it happen to innocence victim or warn the public..........Do you have any suggestion in law? Was thinking of going to Micheal Chong to make a report but I want face so avoid it.Today's newspaper the star did publish and in my mind was publish the place she open stall will be a good idea.
*
By right if you think that she has cheated you, you ought to have lodged a police report back then itself. I don't think that you can do anything now. If you want to warn people you can always take a snap shot of the stall and post it online. Just to educate and warn people. If you tell the truth and stick to facts there is no way she can sue you for defamation. If you go to MC he would most likely question you why it took you 5 years to see him and bring out the issue. It doesn't make your story credible in that way.


TSdariofoo
post Mar 29 2012, 06:24 PM

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QUOTE(azliayob @ Mar 29 2012, 10:57 AM)
my friend is the owner of the land. If he intend to caveat the land under my name, how long it can be?

Is there any option of the duration such as 3, 6 or 9 months caveat?
*
Yes you can lodge a caveat but what is your caveatable interest? Not everyone can simple lodge a caveat for any reason. Caveatable interest means some right over the property - like putting in 10% deposit or downpayment where you are the purchaser. When you want to lodge a caveat you need to affirm an Akuan Bersumpah where you must state your caveatable interest. Stating that you want to help the owner protect his interest to prevent fraud is not a reason at all. It will be rejected by the land office.
TSdariofoo
post Mar 30 2012, 10:30 AM

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QUOTE(101011001 @ Mar 30 2012, 01:45 AM)
Hi Dariofoo,

I am reading the draft S&P. I came across quite a number of occurrences in the S&P that mentions something like "the number of days in excess of the aforesaid fourteen (14) days shall not be taken into account in calculating the Completion Period or the Extended Completion Period, as the case may be, and the Completion Period or the Extended Completion Period, as the case may be, shall be extended accordingly without interest" which raise a question what can be taken into account in calculating the Completion Period under standard S&P? It sounds like the Completion Period is of no use here.

*
It only refers to things which the vendor has to do. If there is a delay of more than 14 days by the vendor, it does not count to extend the completion date. It means that delay by vendor would not punish the purchaser, as the purchaser relies on the completion date to avoid paying penalty to the vendor.

If that clause is not in, then delay by the vendor will eat up time for the purchaser to complete the transaction. Then every vendor, with an eye to collect late penalty interest, will simply drag matters which are up to them to do, like obtaining the redemption statement.

This clause is quite standard in practice.



QUOTE(101011001 @ Mar 30 2012, 01:45 AM)
Also, is it a standard practice that the Completion Period calculated from Unconditional Date?
.
*
You first have to tell me what is the definition of Unconditional Date in your SPA. Different lawyers use different terms.
TSdariofoo
post Mar 30 2012, 10:33 AM

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QUOTE(rugratz @ Mar 30 2012, 03:47 AM)
My question is, do i have to wait until they obtain the deed from the Vendors bank before I am entitled to obtain the keys to the unit or can i actually request for the keys now as my bank has already released the redemption sum?
*
You can't request the keys unless the balance purchase price has been paid in full. That is the usual way. If the vendor wants to give it to you earlier then it is up to his discretion.

QUOTE(rugratz @ Mar 30 2012, 03:47 AM)
Also, does it usually take this long to complete the whole process for a Leasehold property?

*
Consent involved, I assume? Sometimes longer.
TSdariofoo
post Mar 30 2012, 01:40 PM

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QUOTE(101011001 @ Mar 30 2012, 12:32 PM)
My question is when will the Purchaser's Solicitor request for the Developer's Confirmation? Does it mean as long as the Developer's confirmation not obtained, the Completion Date will not count down?

Also, there's one part of the S&P that mentions about documents deposit and delay in my part will result in penalty. Since I will be going down to sign the S&P, I will hand in all the documents by hand. Can I get a acknowledgement from the Solicitor? Just want to make sure that delay is not from my end.  smile.gif

Thank you.
*
Yes, time will not run until the developer's confirmation is obtained.

I did not see a clause which fixes the time for the purchaser to write for the letter of confirmation. Some SPAs fix 5-7 days from date of execution of SPA in order for them to do so. This will prevent the purchaser from delaying to write in to the developer, perhaps to buy time to wait until their loan is approved. May happen.

And note the clause where it says that upon termination, you have to bear the purchaser's legal fees as well. That is not commonly inserted.

You can always prepare your own acknowledgement copy and get the lawyer to sign/stamp on it. That would be very prudent. All documents should be served by hand or courier service with acknowledgement.

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