QUOTE(TTW @ Sep 18 2017, 05:13 PM)
Hi All
Want to use this thread to ask question realted to MOT .
I bought a condo from developer and MOT is not absorb by Developer .
The developer priced it at ~RM808K but gave 18% discount , so the condo was bought @RM660k . The SPA stated RM808K . The condo actual market value should be around the selling price of RM660k .
1) In this case , the MOT will be based on the SPA sale price ?
2) If #1 is yes , it is possible that we can appeal ?
Thanks for the help in advance .
Yes based on SPA price...Want to use this thread to ask question realted to MOT .
I bought a condo from developer and MOT is not absorb by Developer .
The developer priced it at ~RM808K but gave 18% discount , so the condo was bought @RM660k . The SPA stated RM808K . The condo actual market value should be around the selling price of RM660k .
1) In this case , the MOT will be based on the SPA sale price ?
2) If #1 is yes , it is possible that we can appeal ?
Thanks for the help in advance .
and no, cannot appeal ..(pls do ask lawyer for confirmation)
Sep 19 2017, 10:39 AM

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