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

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dsugums
post Feb 2 2012, 08:35 PM

On my way
****
Senior Member
607 posts

Joined: Mar 2008


Just wondering if anyone can help me. I am selling my property and engaged a lawyer to handle the sales on behalf of me since I am away overseas. The buyer already appointed their own lawyer to handle the S&P.

Here is the breakdown of the bill they ask me to settle before my lawyer proceed:-


BREAKDOWN OF DISBURSEMENT & LEGAL FEES

RM
RM

LEGAL FEES

1. Consent to Transfer

DISBURSEMENT

1. Location Plan
2. Official Land Search
3. Filing Consent
4. Registration for Consent
5. Transportation
6. Miscellaneous
7. Fax & Postage
8. Services tax 6%

TOTAL :- Ringgit Malaysia Six Hundred Ninety Eight Only.



BREAKDOWN OF DISBURSEMENT & LEGAL FEES

LEGAL FEES

1. Discharge of Charge RM300-00
-------------------------------------------



DISBURSEMENT

1. Stamp Duty – Discharge of Charge RM 10-00
2. Registration – Discharge of Charge RM 60-00
3. Transportation RM 50-00
4. Miscellaneous & Postage RM 50-00
5. Services Tax (6%) RM 18-00 RM188-00
-------------------------------------------
TOTAL: Ringgit Malaysia Four Hundred And Eighty Eight Only. RM488-00




LEGAL FEES

Professional fees conducting the sale (including drafting, perusing, vetting and completing the instrument of transfer)
of the sale.


DISBURSEMENT

1. Stamping SPA
2. Stamp Duty for Transfer* (subject to assessment notice)
3. Adjudication
4. Registration Transfer
5. Land Search
6. Bankruptcy Search
7. Courier Charges (according to the bill) advance
8. Affirmation – Statutory Declaration
9. Transportation
10. Miscellaneous & Postage
11. Service Tax 6%



TOTAL :- Ringgit Malaysia: Two Thousand Four Hundred
Seventy Three Only.




In total I need to pay RM 3659 just to sell the house. I was thinking it will be only costing me about RM1200 just to do the transfer and discharge! Any one can figure out if the rate quoted is reassonable?





dsugums
post Feb 3 2012, 07:41 AM

On my way
****
Senior Member
607 posts

Joined: Mar 2008


QUOTE(dariofoo @ Feb 2 2012, 11:19 PM)
dsugums:

Where's the itemised breakdown for each expense or fee? How much is the selling price?
*
Hi Dario

House selling price is RM220K

Here is the breakdown.

1. Consent to Transfer RM 300

DISBURSEMENT

1. Location Plan RM 30
2. Official Land Search RM 50
3. Filing Consent RM 100
4. Registration for Consent RM 40
5. Transportation RM 50
6. Miscellaneous RM 50
7. Fax & Postage RM 50
8. Services tax 6% RM 18


Total: RM698

-------------------------------------------------------------

Discharge of Charge RM300



DISBURSEMENT

1. Stamp Duty – Discharge of Charge RM 10-00
2. Registration – Discharge of Charge RM 60-00
3. Transportation RM 50-00
4. Miscellaneous & Postage RM 50-00
5. Services Tax (6%) RM 18-00

Total RM488-00

--------------------------------------------------------------------------------------------------------------------


LEGAL FEES

Professional fees conducting the sale (including drafting, perusing, vetting and completing the instrument of transfer)
of the sale. RM 1990


DISBURSEMENT

1. Stamping SPA
2. Stamp Duty for Transfer* (subject to assessment notice)
3. Adjudication
4. Registration Transfer
5. Land Search RM20
6. Bankruptcy Search RM24
7. Courier Charges (according to the bill) advance RM200
8. Affirmation – Statutory Declaration RM20
9. Transportation RM50
10. Miscellaneous & Postage RM50
11. Service Tax 6% RM119.40

Total RM2473



GRAND TOTAL = 3659



Hope this helps. I am not sure if this is reasonable charges for selling house at RM220K


Thanks

Cheers

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