legal fees
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 Jan 26 2017, 07:40 PM
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#1
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space   
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QUOTE(chiahau @ Jan 10 2017, 12:58 AM) Disbursement of the legal fee / loan fee if applicable. Just to check on loan stamp duty. MOT when project VP ( assuming under con ) Loan stamp duty ( Upon signing loan agreement ) That's about it.  This is paid to who? Developer, bank or lawyer? amount is like 0.5% of the total loan I think. |
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Feb 8 2017, 08:34 PM
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#2
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(patrickthissen @ Feb 8 2017, 06:24 PM)   Here's my quotation for disbursement fees quote by lawyer. Disbursement fees ~RM3k for new property price RM 410k. Reasonable?? (Note: developer pay for SPA & loan agreement legal fees) 1. Disbursement legal for SPA = RM292 2. Disbursement legal & Stamp duty for loan agreement = RM2789.10 Yup if already included stamp duty for loan agreement then I would say this is cheap. I kena disbursement for loan agreement only at RM1100 for 270k loan. Lol. But I'm also not sure. Maybe others can comment. |
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Sep 3 2017, 01:38 PM
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#3
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(Intrigue @ Sep 3 2017, 11:36 AM) Hi TS, i just put a DP on a 480K house. Developer said all spa, legal and stampduty cover for developer side. Depending on banks. Some bank able to include in the legal fees inside your loan amount. I was told that i only need pay to bank legal, stamp annd etc.( Bank side ) How much am i looking at to pay? Or is it included with the loan amount cos now waiting loan approval and as far i know now, mrta is already included in the loan. Stamp duty for loan agreement is 0.5% out of the amount you loan. |
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