when purchasing a subsale property, is it normally bank will assign a laywer for us to do our SAP, transfer and etc? do we need to go find one ourselves?

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This post has been edited by LightEnchanter: Feb 27 2012, 11:14 AM

does it mean that i need 2 lawyers ? one is for SPA and another is for bank loan?

thanks dario, which is a better practice? will it be better to appoint only one lawyer to do all the stuffs? in terms of charges and fees is it the same?

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This post has been edited by LightEnchanter: Feb 27 2012, 02:09 PM

hi, is this quotation reasonable?

Property : 375k, freehold, strata title under developer's name

1. Sale and Purchase Agreement 3,075.00
2. CKHT 2A 200.00
3. Entry/Withdrawal of Private Caveat 350.00
-------------------------------------------------------------
Consent to Transfer 3,625.00
6% Govt. Tax 217.50
-------------------------------------------------------------

Stamp Duty
1. Sale And Purchase Agreement 40.00
2. Memorandum of Transfer (Estimated) 6,500.00
-------------------------------------------------------------
6,540.00
-------------------------------------------------------------

Disbursements
1. Registration Fee on Memorandum of Transfer 400.00
2. Registration Fee on Entry/Withdrawal of Private Caveat 400.00
3. Registration Fee on Discharge of Charge
4. Registration Fee on Letter of Consent (Caveator)
5. Adjudication on Memorandum of Transfer 10.00
6. Land Search /CTC Title 120.00
7. Registration Fee on Consent to Transfer 100.00
8. Bankruptcy Searches/C-Tos 100.00
9. Affirmation Fee on Statutory Declaration 50.00
10. Transport and Service 250.00
11. Telephone and Fax Charges 100.00
12. Postage & Printing 100.00
13. Miscellaneous 50.00
-------------------------------------------------------------
1,680.00
-------------------------------------------------------------

Total : RM 12,062.5

This post has been edited by LightEnchanter: Mar 5 2012, 12:53 PM