Just curious, if I were to buy a subsale property which is still under master title, during the SnP signing, i will have to pay the MOT right?
When the strata is ready, do I need to pay MOT again for the strata?

Does this mean paying the MOT twice?

do you mean the stamp duty for MOT?
stamp duty is calculated based on your SPA price.
While MOC will be minimal as in RM10 each for stamping of the charge annexure + registration fees of RM120 with the land office. since stamp duty has been paid upon stamping the principal loan documents when lawyer advised bank for release.

Hi all,

I bought a new property from developer and in the benefit scheme when signing snp, it stated that I'm entitled for zero legal fee and disbursement fee for SnP and loan agreement.

Do i still need to pay legal fee and disbursement fee for Memorandum of Charge (MOC) and memorandum of Transfer (MOT)?

Thanks

Hi,

My lawyer said SOHO property is not entitled for stamp duty remission because it is considered as retail and not residential properties.

What do you guys think? Is this correct?

Want to ask some clarification. I have my 1st property SPA signed & stamped 2014 and late last year 2021 got the letter to complete MOT&MOC.

My Service Apartment unit details below. Unique is house & carpark have separate agreements ostensibly easier for owners to sell carpark lot only.
Term Loan: RM 463,140 (Unit RM427,140 & Car Park RM 36,000)
Unit SPA Purchase Price: RM 474,600
Car Park Purchase Price: RM 40,000

The problem is, I got quoted by 3 lawyers on the completion and each are referencing different figures. So which is the right one?
Quote A
MOT(POT) & MOC(POC) BOTH based on Term Loan

Quote B
MOT(POT) based on Unit SPA Purchase Price ONLY
MOC(POC) based on Term Loan

Quote C
MOT(POT) based on Unit SPA Purchase + Car Park Purchase
MOC(POC) based on Term Loan

Oso would there be any issue if it were done improperly, ie quoting lowest figure, as I understand the stamp duty based on MOT(POT)?

Hi, thanks for the quick reply. So just to confirm SnP means "SPA Purchase + Car Park Purchase" or just the SPA Purchase (house unit only)?

Ahh noted, Tq tq 

Another thing, seeing many conversations of waivers or tax rebates and such for those years purchase before and after mine but since my SPA is signed in Year 2014, I don't suppose I got any waiver or tax rebates, am I rite?

Another thing I want to ask. it is about the payment.

Roughly Im gonna pay Rm 14-16,000 and mostly is due to stamp duties. Are there any easy payment methods pay this off or I really have to pay lump sum to Govt? Are there such things as monthly deductions?

I have an apartment which still on master title. I received letter from the developer to do MOT last year, it cost about RM10k...
To my luck, I manage to sell the apartment. In this case, do I still need to do the MOT (RM10k)?? Could the property transfer MOT directly done with the new owner please?
Hope sifu here can advise please

This tered had been very informative for me. I want to ask on this;
"tell your solicitor that you will settle the stamp duty payable only upon the the assessment notice has been extracted. Ask them to show you the stamp duty payable printed on the assessment notice first before you pay them."

The comment was put up in earlier pages but Im wonder if this still applicable? The lawyer doing the MOT is from developer and so far their service attitude is more like an unnecessary obligation rather than welcoming my business. Can they refuse if I ask them so?

I see. The thing is, the lawyer quote me lump sum with Stamp duty included in their quotation. So Im not sure if I can pay partially the lawyer fees & whatnot, and then the stamp duty. Never done paying an invoice partially half-half tho.

But let's say I have made the full payment, can I request them for LHDN receipt on that duty? And say if its under the lawyer estimation, can I request refund for the difference or the lawyer will just makan and say "sorry you ady paid, no refunds"?

Right now they quote me sum of RM 11,800+ of which Rm9,438 is stamp duty alone so that big chunk is what am doubtful the final figure.

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Sorry, am a bit paranoid as this is my first property experience and handing over 12k just like that is quite nervous for me. Haha

any experience or expert

first time residential home buyer eligible for stamp duty waiver(MOT) for only price/value 500k?

if my spa is 650k immediately I am not eligible for single cent waiver?

the lawyer only gave me 30% discount on the legal fee, do u guys think it is way too much for a 470k house? any lawyer to recommend?

No I mean after discount still come to around 7k do u think is too expensive for the charges?

Hi for a property of 350k i was quoted 1750 for legal fees. That is 50% of s&p fees.  All the miscelleanous like telephone fax etc will be another 700.

I find this on the high side. Am using back the same lawyer as s&p. Wondering whether this is correct for year 2022

My friend used a diff lawyer and got a 25% for legal fees.

Hi apologies if this question has been asked before. LHDN sent a letter requesting for payment of the MOT stamp duty and I notice that the market value stated in the letter is different (higher) than the market value assessed by the property appraiser. Is this normal?

Hi, i need help...

1. My S&P dated 2014 mentioned free MOT by developer
2. Developer gone bankruptcy before commence MOT process

So is there any way for me to claim free mot as stated in S&P or I have to bear the MOT cost ?

Thank you.

1. Yes need to pay.

2.  only need to pay rm40 stamp duty.

Ayam just did strata title transfer and can recommend you a lawyer with reasonable price, at least no mark up disbursement . Efficient also. If  high stamp duty, can discuss with lawyer for installment payment.

I takut kena sue if publicly disclose her contact details 🤣 tapi i compare few and found out some even mark up land search to rm150 🥹