About MOC/MOT
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 Sep 19 2017, 02:23 PM
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#1
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Senior Member
1,274 posts Joined: Apr 2009 From: Cheras  
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The prop I purchased is expected to be completed Q4 this year and there's some chatter on the MOT amongst the owners, my unit is purchased at 720k and loan is 676k...
I was quoted by my SA that the MOT will be 30k+ but I have a few question in my mind as below: 1. Is the amount correct? Is there any updated calculation method except consulting the lawyer? 2. What if I can't pay the MOT? Does that means I can't get the key or? |
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Oct 30 2017, 02:30 PM
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#2
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Senior Member
1,274 posts Joined: Apr 2009 From: Cheras
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QUOTE(hanhanhan @ Oct 30 2017, 12:38 PM) » Click to show Spoiler - click again to hide... « 1. MOT stamp duty is RM15,600, legal fees is RM1,690 if u use the same S&P lawyer. disbursements anywhere between 500-1k. THe other thing u may need to pay is MOC (for loan) but that shouldn't be too exp, should be between 2-3k 2. u can still get the key.   |
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Mar 3 2021, 11:21 AM
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#3
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Senior Member
1,274 posts Joined: Apr 2009 From: Cheras
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QUOTE(JEJEJEJE @ Mar 2 2021, 11:14 PM) Hi all, may I know for MOT/MOC, must we go through the law firm set by the developer? Can we find our own lawyer to handle it? If is it possible, will there normally be any extra charges to switch to own lawyer? I paid for my MOT 1 year+ ago and I rmb some of the residence were asking the same question, and a few actually went and gotten a quotation with another lawyer to handle the MOT matter.For your information, this is for newly completed apartment which had gotten strata title and ready for MOT. Hope someone can assist on this. Thank you. As far as I rmb, it was more costly and time consuming as the new lawyer will need to get all the docs/info from the dev appointed lawyer and it ended up costing more... |
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