Hi Sifus, my property VP recently and I have received notification by developer that the MOT and MOC is ready to be executed. I am a bit confused about the additional legal fees and other fees that is needed to be paid. Hope someone knowledgeable in this forum can assist. My questions are as follows:

1) The SPA legal fees was borne by developer but excluding the cost involved for MOT. Does this mean that I need to pay the stamp duty for MOT (I don't qualify for any exemptions) plus legal fees (with 35% + 75% discount) plus other incidental costs, if I use back the SPA lawyer to do the MOT?
For example, house price is 500,000, then stamp duty = 100,000 x 1% + 400,000 x 2% = 9,000. Legal fee = 500,000 x 1% x 65% x 25% = 812.50.                   

2) For the loan agreement, I have already paid the stamp duty for the loan agreement when signing it. The legal fee for loan agreement was absorbed by the financier/bank. Now, for the MOC, I am not sure what do I need to pay? Do I need to pay another time the legal fee for MOC? What is the difference between MOC and stamp duty for loan agreement?
For example, loan amount is 450,000. When sign loan agreement, legal fee was paid by financier. I have paid the stamp duty on loan agreement = 450,000 x 0.5% = 2,250. What else do I need to pay for MOC?

List the contact here to benefit others. I am sure the lawyer would be happy that you are promoting his firm.

Sometimes when legal firm is still new or business slow, their fees can generally be lower than others. But he cannot maintain that for long if cost goes up.

One should be careful with lawyers as they normally hold large sum of money as stakeholders.

Lawyers absconded with clients' money are regularly reported.

No doubt one can lodge a complaint with the bar, but that will be a long process.