Oct 8 2016, 09:02 PM
QUOTE(seongmeng @ Oct 8 2016, 08:51 PM)
i am going to purchase a condo, situation as below:
seller A = already done transferred the MOT strata title from developer
seller B = not yet done transferred the MOT strata title from developer
i know the cost of MOT transfer is about RM20k including stamp duty.
my question, if i buy from seller A, is it mean i no need to do the MOT Transfer and can save 20k??
Every title transfer will require MOT.seller A = already done transferred the MOT strata title from developer
seller B = not yet done transferred the MOT strata title from developer
i know the cost of MOT transfer is about RM20k including stamp duty.
my question, if i buy from seller A, is it mean i no need to do the MOT Transfer and can save 20k??
For A, either:
1) dev -> A (MOT should be bear by A), wait few months, then A -> you (MOT bear by you)
or if the developer allow (A should go and ask)
2) dev -> you , with A request and developer agree to do this. Normally developer won't agree as this have potential fraud or hanky panky.
Summary: no matter buy from A or B, you still need to pay MOT.
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