Feb 13 2019, 02:22 PM
QUOTE(physz.86 @ Jan 12 2016, 10:10 PM)
Recently I made booking for house. In my booking receipt it mentioned below statement:
S&P legal fees & stamp duty borne by developer
MOC legal fees & stamp duty borne by developer
MOT legal fees & stamp duty borne by purchaser
I'm quite blur what is different between moc & mot? As nothing much i can find about these 2 things.
Is it moc is referring to bank loan fees?
moc - memorandum of chargeS&P legal fees & stamp duty borne by developer
MOC legal fees & stamp duty borne by developer
MOT legal fees & stamp duty borne by purchaser
I'm quite blur what is different between moc & mot? As nothing much i can find about these 2 things.
Is it moc is referring to bank loan fees?
MOT - memorandum of transfer
this will be done when title issued normally buyers need to fork out hefty sign to transfer the name from property developer into your name on the individual title...
cos last time u buy that time is under master title , which is one big plot of land
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