About MOC/MOT
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 Jun 8 2018, 05:33 PM
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#1
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Junior Member
769 posts Joined: Jun 2015  
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Just got a quote from my same S&P lawyer to settle my freehold condo MOT:
Purchase Price: RM502K Solicitor fees: RM1250 (apparently alredi gave me 75% discount) Land Search fees: RM30 Registration fees on MOT: RM400 Travelling Expenses: RM200 Misc: RM100 Stamp Duty on MOT: RM9060 TOTAL: RM11,044 So can anyone advise if the quote is reasonable? thx in advance.... Btw, i don't have any loan outstanding. |
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Jun 11 2018, 12:12 PM
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#2
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Junior Member
769 posts Joined: Jun 2015
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QUOTE(hanhanhan @ Jun 11 2018, 12:06 PM) yes it's reasonable.. I purchased directly from developer and this is the same legal firm used to sign my S&P. They told me alredi gave me 75% discount... so is it another 35% off on top of the 75% off?if you initially purchase direct from developer, u can get additional 35% off the legal fee  This post has been edited by Afterburner1.0: Jun 11 2018, 12:12 PM |
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Jun 13 2018, 08:44 AM
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#3
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Junior Member
769 posts Joined: Jun 2015
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QUOTE(hanhanhan @ Jun 11 2018, 02:03 PM) u need to check the SPA whether it mentioned "SCHEDULE H HOUSING DEVELOPMENT ACT" (usually on 1st page). Ok, ive checked my S&P and it does state "SCHEDULE H HOUSING DEVELOPMENT ACT" (on the 1st page as a Header).if it does, then got additional 35%. May i know why with this sentence i am entitled to get additional 35% on top of the 75% offered by my S&P lawyers? |
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Jun 13 2018, 02:02 PM
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#4
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Junior Member
769 posts Joined: Jun 2015
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QUOTE(hanhanhan @ Jun 13 2018, 12:07 PM) for agreements made under the prescribed form in the HDA (housing development act), lawyer has to give extra discount if the SPA price:- so my solicitor fees now is RM1254 less 35%= RM815property below 250k = 25% between 250-500k = 30% above 500k = 35% or that RM1254 is alredi discounted? |
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Jun 13 2018, 02:50 PM
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#5
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Junior Member
769 posts Joined: Jun 2015
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QUOTE(hanhanhan @ Jun 13 2018, 02:23 PM) 815 is after 35% + 75% yup. |
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Jun 13 2018, 04:43 PM
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#6
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Junior Member
769 posts Joined: Jun 2015
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QUOTE(hanhanhan @ Jun 13 2018, 12:07 PM) for agreements made under the prescribed form in the HDA (housing development act), lawyer has to give extra discount if the SPA price:- Just got some clarification from my lawyer, the 35% u mentioned is for the loan is it? Which is normally bear by the developer upon signing of S&P.property below 250k = 25% between 250-500k = 30% above 500k = 35% I've also done my Receipt & Reassignment 2 yrs back and now just want to do MOT, Hence the below is just for MOT. Hence, i hope the fees charge is reasonable..... Just got a quote from my same S&P lawyer to settle my freehold condo MOT: Purchase Price: RM502K Solicitor fees: RM1250 (apparently alredi gave me 75% discount) Land Search fees: RM30 Registration fees on MOT: RM400 Travelling Expenses: RM200 Misc: RM100 Stamp Duty on MOT: RM9060 TOTAL: RM11,044 |
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Jun 13 2018, 05:05 PM
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#7
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Junior Member
769 posts Joined: Jun 2015
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QUOTE(hanhanhan @ Jun 13 2018, 04:57 PM) if im not mistaken there is actually another 35% for HDA discount on MOT. refer to pg 7 for the SRO amendment order. ok, maybe there are others here can re-confirm....otherwise, the charges are fairly standard. |
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