1. depending on what you mean "specific period". you are required to perfect the transfer within 12 months from the date of the developer informing you that the individual title has been issued failing which a penalty may be levied against you; you are required to make full payment of the stamp duty payable on the MOT within 1 month from the assessment notice; there is also a registration penalty payable by you if you failed to present for registration the MOT within 3 months from the date of the MOT.

2. right and wrong. to entitle to such waiver, you need to fulfill 2 criterias; 1) the property was your first residential property (you cannot co-own) or even linked as a borrower; 2) the property's purchase price must be below RM500,000.00.

3. the discount is not given by the solicitors but rather the relevant stamping office. don't pay the stamp duty to the solicitors first. pay to them only once the assessment notice is extracted.

4. technically speaking, yes. the waiver will apply to the one that is entitled to the waiver.

1. why "penalty" you are referring to? there are 3 penalties i mentioned in my post.

2. maybe make it simple, it does not matter in what capacity or share you are dealing in, so as long as your name appears on the Sale and Purchase Agreement/issue document of title to the Property, you will automatically be disqualified.

3. assessment notice in this sense is not to be confused with "cukai taksiran/cukai pintu". it's a specific assessment notice from LHDN. solicitors will usually forward same to their client once they have extracted same then the clients will have a period of 1 month to pay the same to the relevant stamping authority.

4. i don't understand your phrasing of your question. can you be more specific?

1. you don't pay penalties to your solicitors.

2. meaning you are not privy to any sale and purchase agreement and your name must not be endorsed on any immovable property (whether by way of gift, will etc).

3. then legally speaking, you have 12 months time from the date of the developer's letter to perfect the transfer.

4. if i may, let me cite you a scenario:-

Abu wants to apply for the waiver so Abu needs to make sure that he has not previously bought any residential properties and Abu must also ensure that he has no other immovable properties in which he has a share in it (whether it was given by his dad etc). This means Abu must have nothing to do with any immovable properties.

If Abu bought a property with Ali then Abu is not entitled to such waiver anymore and Ali may be entitled to the waiver provided that the conditions I have given in my earlier posts has been fulfilled.