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legal fee for MOT?
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TSbleach
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 Apr 17 2014, 10:47 AM, updated 12y ago
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New Member
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I just recently bought a new completed property with title available. The developer said free legal for snp. When I want to sign the snp there is a bill from the lawyer stated 'pay for attendance and preparation for MOT which cost rm2900. I ask the developer they said all fee regarding MOT to be paid by buyer. Want to ask usually if developer said free snp , is it include all the legal fee for snp and MOT? The lawyer charge rm2900 is it acceptable for property worth rm 540000?I had google around and some people said after few years they sign the snp only the title will be out. To complete the MOT they need to pay another lawyer legal fee 25% or 50% of the total legal fee for snp. So let said if all legal fee for snp to be paid by buyer .So for my property fee for legal for snp is around rm4200 according to the scale and legal for MOT is rm2900. Total I need to paid is rm7100 just for lawyer fee for snp and MOT? Correct me if I wrong. Thx
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TSbleach
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Apr 17 2014, 11:18 AM
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New Member
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QUOTE(Kevin Chan @ Apr 17 2014, 10:57 AM) used this to get a feel http://1-million-dollar-blog.com/calculato...uty-calculator/your MOT is the stamp duty. for your RM540,000 legal fees is around 5K while the MOT is 10K. you better ask the bloody lawyer clearly how much CASH you need to get ready. I use the calculation before My legal for snp is around rm4200. Stamp is around rm10000. Just that the developer said free legal for snp so I thought no need paid the Rm 4200. But in the end I need to paid rm2900 for the legal fee for MOT.i availablethis the normal practice. ? |
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TSbleach
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Apr 17 2014, 11:25 AM
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New Member
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QUOTE(Chaud @ Apr 17 2014, 11:02 AM) if free snp..that's the snp agreement. MOT is for the land office to transfer the name from developer's land to you, so yes, buyer pay. 2900 MYR for 500k prop sounds too low, its better to ask again the lawyer, sometimes lawyer no experience don't forget to still have to prepare another sum for loan agreement fee as well My case even though the developer said fee legal snp, but i stillI need to pay rm 2900 for lawyer to do the paper work for MOT and anorher rm 10000 for the stamp for the title transfer. |
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TSbleach
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Apr 17 2014, 11:29 AM
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New Member
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QUOTE(Chaud @ Apr 17 2014, 11:02 AM) if free snp..that's the snp agreement. MOT is for the land office to transfer the name from developer's land to you, so yes, buyer pay. 2900 MYR for 500k prop sounds too low, its better to ask again the lawyer, sometimes lawyer no experience don't forget to still have to prepare another sum for loan agreement fee as well My case even though the developer said fee legal snp, but i stillI need to pay rm 2900 for lawyer to do the paper work for MOT and anorher rm 10000 for the stamp for the title transfer. |
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TSbleach
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Apr 17 2014, 11:34 AM
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New Member
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QUOTE(Chaud @ Apr 17 2014, 11:28 AM) yes. correct. so total is 12900 for MOT? Yes . Total fee for legal and stamp for MOT is around rm 12900. Just that how they calculate the lawyer fee for legal for MOT? Any idea? |
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TSbleach
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Apr 21 2014, 02:55 PM
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New Member
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QUOTE(potenza10 @ Apr 19 2014, 11:04 AM) This is sample for my purchase...Stamp duty a.k.a MOT There is no statement for lawyer fee for transfer of title? My legal and stamp fee for MOT for property rm 541800 Fee for preparation and Attendence of MOT- Rm2943.10 6% service tax rm 176.70 Stamp duty MOT Rm10260 registration, printing, Attandance e taksiran ect -rm 250 Collect certification Of clearance from maljis daerah -rm80 Total Rm13709.70 Is this the normal fee? |
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TSbleach
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Apr 21 2014, 03:00 PM
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New Member
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My lawyer said the legal fee for east and west malaysia is different.My property is in sarawak. They said they dont follow the scale. They use anothe r method to calculate which is cheaper.
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