Selling my 340k property - law fee question
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 Jun 28 2018, 02:36 PM
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#1
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Senior Member
1,205 posts Joined: Oct 2006 From: Kuala Lumpur  
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QUOTE(sunami @ Jun 26 2018, 11:45 AM) y so exp? i sold my prop for 440k only cost me 1.2k.. im pretty sure your 1.2k 'lawyer fee' is only for filing CKHT / discharge for u and the lawyer is not acting for you in the transaction, unless the lawyer is ur fren and do FOC for u.confirm agent gets the commission.... try find lawyer yourself without going thru the agent..  |
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Jun 28 2018, 02:39 PM
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#2
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Senior Member
1,205 posts Joined: Oct 2006 From: Kuala Lumpur
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» Click to show Spoiler - click again to hide... « dont because of want to save few thousand end up u risk getting ur money delayed or the lawyer pass file to clerk and do and screw the deal up. basically if you want to choose lawyer, you only can pick 2 out of the following 3 1. cheap 2. fast 3. good cheap and fast wont be good fast and good wont be cheap cheap and good wont be fast |
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Jun 28 2018, 05:47 PM
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#3
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Senior Member
1,205 posts Joined: Oct 2006 From: Kuala Lumpur
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QUOTE(sunami @ Jun 28 2018, 04:57 PM) hmmm... yes. on record the lawyer is not acting for u in the transaction. |
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Jun 29 2018, 12:22 PM
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#4
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Senior Member
1,205 posts Joined: Oct 2006 From: Kuala Lumpur
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QUOTE(sunami @ Jun 28 2018, 07:06 PM) wat is that means? mind to share? basically if buyer n seller share same lawyer, on record the lawyer can only represent one party in the transaction. in this case, since the "SPA" legal fee (the fee that follow purchase price of the property) is not billed into your bill, means the lawyer billed the buyer the "SPA legal fee", which means he is acting for the buyer on record. the lawyer is only helping you to do the discharge (bank settlement documents) and filing the LHDN forms for this transaction and technically you are not represented by any lawyer in this deal. |
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Aug 15 2018, 02:10 PM
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#5
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Senior Member
1,205 posts Joined: Oct 2006 From: Kuala Lumpur
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some ppl willing to pay agent commission to help sell the house, but not willing to pay lawyer to ensure the deal goes thru smoothly. sigh.
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Aug 15 2018, 02:38 PM
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#6
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Senior Member
1,205 posts Joined: Oct 2006 From: Kuala Lumpur
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QUOTE(DozeMeWithTea @ Aug 15 2018, 02:15 PM) Since we are on the related topic, does this mean that if I were to purchase a subsale house I have to get my own lawyer? whether you buy or sell, it's preferable that you get your own lawyer that you're comfortable with about their service and fees.usually you'll get to choose two - cheap, fast or good good and cheap may not be fast cheap and fast may not be good fast and good may not be cheap it's hard to find one that's perfectly balanced, as all things should be |
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hence would like to seek advice here..