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 About MOC/MOT

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Shining star
post Aug 8 2021, 11:58 PM

Getting Started
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Junior Member
199 posts

Joined: Feb 2020
QUOTE(digitalz @ Mar 3 2021, 07:41 PM)
Certain developers cover the MOT fees etc for you. Some will tell the lawyers to give you some discounts etc. Own lawyer is good but for the sake of convenience, some people just rely on the developer's lawyers
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Sorry, allow me to jump in.
I think those mainly purchased residential houses in 2016/2017, they will properly get the house in end of 2019/2020 (due to the delay of Covid 19 impact). After get the key (VP) in 2020, now is almost the time to get notification of MOT.

Now my scenario a bit different and would like to share with all.
I noted there were some buyers whom purchase the house 1st time and entitled for 50 % discount.
Since this is not my 1st house and have to settle the MOT.
** Remark: Latest information as under the budget 2020, government had given 100 % exemption of MOT for those 1st home buyers within 2020 to 2025

My lawyer send me some quotation of MOT.
Actually it called POT (Pefection of Transfer) and POC (Perfection of Charge)
Generally speaking, POT is regarding those lawyer fee, and POC is for those still under loan.
https://www.propertyguru.com.my/property-gu...of-charge-24378

Just hope it help.



 

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