QUOTE(kalrsi @ Jan 12 2016, 10:52 AM)
Hello
I need help.
The developer of the property that I bought has sent the letter for Issueance of Strata Title, MOT and MOC.
The letter states I need to find the lawyer whom I engaged with during the purchase of the property to sign the perfection of transfer/change of ownership.
Unfortunately the lawyer is no longer in practice and he moved to Sg. Petani.
How can I settle this? I don't know how to find another lawyer.
Can someone please help to explain what would the steps be in this case?
Steps1 : Find a lawyer and at the same time pay your current year assessment and quit rent(with your Management)
2: Lawyer will prepare Form 14A (transfer) and 16A(charge, if you got loan) for you to sign
3: Pay the lawyer's fees and disbursements for both transfer and loan. The large chunk of the fees should be your MOT stamp duty
4: Sit down and relax to wait for your title to be out which may take up 6 months (in s'gor and KL property)
Above are just salient points not the entire process.
As where to find a lawyer, few considerations:-a) your location- if you stay in kuala lumpur, you would not want a lawyer from ipoh (or vice versa) to handle your documentation albeit the fees are cheaper (don't want kena shoot by ipoh lawyers saying their fees cheaper

)
b) prop location- if the prop is located in Penang, you would not want a lawyer from kuala lumpur (or vice versa) to handle because the courier charges will be taken in consideration
c) ask your family/friends, they should have 1 or 2 in their phone list as most lawyers do handle property matters. If the lawyer introduced not doing property matter, s/he will have peers who do prop matter.
Consequences of not perfecting your transfer/charge.1: your property has no title akin to you not having a NRIC. When the strata title is not out, people rely on developer (akin to parents) for identification. Now the strata title is out, people rely on the title (akin to adult got NRIC liao

). So, when the parents die, the children will suffer. Same goes to the property. You will have a very long process in transferring the name to yourself or other ppl (in the event of sale) if there is no title.
2: If the prop is charged to a bank, Bank will sign on your behalf by virtue of Power of Attorney. The expenses incurred will be charged on your loan. So that your wallet will get thinner