Lawyer's Corner v2, One-stop centre for any legal queries
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 Dec 16 2011, 10:31 AM
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#1
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1,491 posts Joined: Sep 2008   
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QUOTE(dariofoo @ Dec 16 2011, 12:42 AM) Milo_O: Public Bank Charge for copies of the loan document = RM200. » Click to show Spoiler - click again to hide... « Purchase of documents from bank - the bank charges for copies of the loan doc. Price ranges from RM100-RM150.  Price ranges from RM100-RM200. |
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Dec 16 2011, 02:37 PM
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#2
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QUOTE(dariofoo @ Dec 16 2011, 02:11 PM) Cheers. Yeah!!!!!!! Latest update: Hong Leong charges RM250.00 for loan documentation effective 1st Dec 2011. Docs are in soft copy to be printed by law firm. That means that the charges are basically for them to put their precious signature upon the loan documentation. Must be super duper expensive and precious ink which they are using!  Not only that, there's a RM50 charge for execution of discharge of charge OR deed of RnR. That means when you later sell of the house you have to bear this cost as well. So now we can say that it ranges from RM100-RM250.00   Share of Information: If the public want to save on the RM100-RM250 thing, you can take their bank panel law firm as it automatic waive for certain bank. This post has been edited by Seremban_2: Dec 16 2011, 02:40 PM |
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Jan 11 2012, 09:40 AM
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#3
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QUOTE(chee yat @ Jan 10 2012, 07:16 PM) But after that she told me again, if you wan to be fast. You may pay money to government ask them directly transfer name to the owner, so can speed up the process and the fee is around Rm500 - Rm1000. The above I quote I want to know and tell more, I also want to know more and keep posting here. I also need help.  Please ask the lawyer what is the RM500 - RM1000 for? Undertable?  As far as I know the developer don't allow direct transfer and leasehold property and in middle of process getting strata title out from land office. Meaning that the purchaser which is now seller have to get consent to transfer & charge to complete it's perfection of transfer and charge. This alone will take time to complete due to 3rd party (land office) slow in getting it process. After the seller complete it's transfer & charge from developer to the purchaser (seller), then only will be new purcharse which mean you and another round of lengthy time to complete transfer from seller to you. Added on January 11, 2012, 9:46 am QUOTE(chee yat @ Jan 10 2012, 07:16 PM) She keep on mention because no yet get 'concern' from government... I think she mean that the government is not concern with your purchase of property and take their own sweat time with Tak apa attitude.Please i really need your advice here, i don't know where to turn up to.. This post has been edited by Seremban_2: Jan 11 2012, 09:46 AM |
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Feb 28 2012, 09:21 AM
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#4
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QUOTE(dariofoo @ Feb 23 2012, 10:30 PM) 2. Don't think much of a difference whether panel or ad hoc. Land searches and bankruptcy search must be done by your lawyer. Perhaps an oversight on his part. If you use bank panel lawyer, once the client sign the loan document the next day itself the lawyer can send for bank execution without waiting for Letter Instruction. If I am not wrong, 2 to 3 weeks just to wait for that Letter instruction inorder to bank execute the document. Still the provided, the bank lawyer is efficient on its work. |
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Feb 29 2012, 05:51 PM
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#5
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QUOTE(karfei00 @ Feb 29 2012, 04:44 PM) may i know for a typical sub sale transaction, should i find a lawyer to do SPA first or go apply loan first? my case is bank need to look at the title but vendor refuse to give it directly to me, vendor ask me to get from him via a lawyer but i do not have one Your answer is at post 478 and post 525.Read from post 470 onwards and it will help you.You can ask the vendor give you a photostate copy of title or get Property Title No to do a land search. This post has been edited by Seremban_2: Feb 29 2012, 05:53 PM |
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Mar 2 2012, 12:39 PM
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#6
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QUOTE(dariofoo @ Mar 2 2012, 12:15 PM) Just pay him transport charges and land search fees - total maybe RM50-60. If he so berkira la. At end of the day, you can still tell him that you'll appoint him for the next purchase. I doubt if he'll charge you full fees yet as the draft SPA has yet to be drawn up. Why only he but not she?   Joking.Not only land search n transportation charges. Also got postage,paper & File total RM10,bankruptcy search also hefty sum. This post has been edited by Seremban_2: Mar 2 2012, 03:23 PM |
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May 4 2012, 10:11 AM
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#7
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QUOTE(echoesian @ May 3 2012, 11:58 PM) My loan amount is 246k, the legal fee is 4.9k, is this reasonable? It is around there bro.  Added on May 4, 2012, 10:13 am QUOTE(kw_cheah @ May 4 2012, 12:12 AM) I am not lawyer but I could help you on the calc of professional fees and stamp duty. See below: Partly correct, there is others to involve as well. He should go at the first page.Professional fees = 2172 Stamp duty = 1230 This post has been edited by Seremban_2: May 4 2012, 10:13 AM |
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May 23 2012, 12:51 PM
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#8
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Dear Dariofoo,
If a friend of mine die of heart attack, does heart attack fall under the defination of accidental death? Thanks. |
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May 25 2012, 09:36 AM
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#9
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QUOTE(dariofoo @ May 23 2012, 04:27 PM) Accidental death normally refers to death via accident, for example, traffic accident, drowning, murder/homicide, a fall causing death, heavy equipment mishap causing death. Thank You DarioFoo. Heart attack would fall under illness. So the beneficiary would still be entitled to compensation via life insurance, but would not be entitled for benefits under the rider for accidental death. Am only 90% and not 100% sure on this, so please read the definition in the insurance policy. That would be the one and only interpretation of the term. This post has been edited by Seremban_2: May 25 2012, 11:22 AM |
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Oct 11 2012, 08:34 PM
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#10
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QUOTE(dariofoo @ Oct 1 2012, 12:09 PM) 2. It is not wrong in the eyes of Bar Council for a lawyer in active practice to have another business, as long as: a) It is legitimate b) It does not conflict with the legal profession c) It does not affect the image of the legal profession. Acceptable examples include opening up a restaurant or pub. A lot of lawyers own pubs and bistros around the Klang Valley. You can also be a director in a company and collect director's fees. Of course, the nature of the business must not contravene (a)-© above. |
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Oct 12 2012, 10:11 PM
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#11
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QUOTE(me_1980s @ Oct 12 2012, 11:35 AM) Haha May I know why people perceive in a way that the more lawyer in a law firm the better? Is it the more lawyer held responsible to the Good Name of the firm? The more lawyer carry the risk of case they do on it.SBC/CIR/069/12 16th August, 2012 Dear Members Of The Bar, ATTACHMENT STUDENTS TOUTING FOR CASES AT KLANG COURTS We refer to our circular dated 20.3.2012. We have again received complaints from lawyers that attachment students are touting for cases at the Klang Courts. The Selangor Bar Committee views such practices as distressing. Meanwhile, the Selangor Bar Committee has informed the Police of the above and will not hesitate to take whatever legal action available in law against such students and firms that have engaged them and would like to advise members not to misuse attachment students in order to ensure that the integrity and dignity of the legal profession is preserved. We would keep members informed of any future developments. Thank you. Dato' Suraj Singh DIMP PKC Chairperson Criminal Law Court Liaison Sub-committee Selangor Bar Committee. This post has been edited by Seremban_2: Oct 13 2012, 03:36 AM |
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