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Laywer fee for puchasing house, Laywer fee on spa and loan agreement
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TSSarah894
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Oct 4 2018, 09:50 PM, updated 8y ago
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New Member
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Hi, i need advice on the lawyer fee on purchasing a house. I received a quotation from laywer, the amount is rm6200. I bought rm128k house. And obtain 100% loan. Is it reasonable? Can i negociate the fee with laywer?
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me_1980s
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Oct 4 2018, 09:53 PM
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Please post the breakdown. Otherwise difficult to advise you.
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TSSarah894
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Oct 4 2018, 09:58 PM
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New Member
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QUOTE(me_1980s @ Oct 4 2018, 09:53 PM) Please post the breakdown. Otherwise difficult to advise you. Here the attachment on the breakdown of the fee. Thanks a lot Attached thumbnail(s)
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prophecus
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Oct 4 2018, 10:01 PM
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it is reasonable. More important is what is the reputation of the firm? efficient? slow? You dont want the process to drag few years.
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TSSarah894
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Oct 4 2018, 10:08 PM
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New Member
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QUOTE(prophecus @ Oct 4 2018, 10:01 PM) it is reasonable. More important is what is the reputation of the firm? efficient? slow? You dont want the process to drag few years. The firm reputation is good. No worries on that. Thanks for your advice 🤗. I have a member told me that the laywer fee is ok as long as it is not more than 4% of the house price. Is it true? Because wth rm6200 is more than 4% of rm128k . 4.8% to be exact. This post has been edited by Sarah894: Oct 4 2018, 10:12 PM
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me_1980s
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Oct 5 2018, 05:19 PM
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Getting Started

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Private caveat registration fee and charge registration fee so high until 700 and 200 respectively? Where's the property located? If it's Selangor, Entry and withdrawal application only RM320 +RM80 [RM20 (noting fee) for each application]=RM400 and as for charge RM100+20(noting fee)=RM120. You can check http://ptg.selangor.gov.my/index.php/pages/view/423If KL, can check http://www.ptgwp.gov.my/portal/muat-turun-borangIf your property is at another state, please check their website to confirm. What's "Borang I" ? Is it Town Council change of name form? If yes, you can do it yourself unless you lazy to do so. I think "land search and Official land search" under the loan quotation is kinda on the high side. If RM110 is acceptable because RM50 (for official) + RM30X2 (normal search). This also depends on the state land office charges. Different states will have different charges. "Affirmation and stamp duty for SD" also kinda high. RM20 for stamping + RM 20 for affirmation totaling RM40 is kinda reasonable provided only sole borrower. This post has been edited by me_1980s: Oct 5 2018, 05:21 PM
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TSSarah894
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Oct 8 2018, 01:26 AM
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New Member
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QUOTE(me_1980s @ Oct 5 2018, 05:19 PM) Private caveat registration fee and charge registration fee so high until 700 and 200 respectively? Where's the property located? If it's Selangor, Entry and withdrawal application only RM320 +RM80 [RM20 (noting fee) for each application]=RM400 and as for charge RM100+20(noting fee)=RM120. You can check http://ptg.selangor.gov.my/index.php/pages/view/423If KL, can check http://www.ptgwp.gov.my/portal/muat-turun-borangIf your property is at another state, please check their website to confirm. What's "Borang I" ? Is it Town Council change of name form? If yes, you can do it yourself unless you lazy to do so. I think "land search and Official land search" under the loan quotation is kinda on the high side. If RM110 is acceptable because RM50 (for official) + RM30X2 (normal search). This also depends on the state land office charges. Different states will have different charges. "Affirmation and stamp duty for SD" also kinda high. RM20 for stamping + RM 20 for affirmation totaling RM40 is kinda reasonable provided only sole borrower. Thanks alot for the explanation and briefing. I will further search websites and gov portal and discuss with laywer regarding the price!
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hanhanhan
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Oct 11 2018, 01:41 AM
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QUOTE(Sarah894 @ Oct 4 2018, 09:58 PM) Here the attachment on the breakdown of the fee. Thanks a lot very cheap. entry withdrawal caveat may be rm700 due to 1. enter ur own private caveat 2. enter bank's caveat because ur S&P bill did not have any entry of caveat disbursement charges (lawyer earn nothing from that).
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hanhanhan
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Oct 11 2018, 01:45 AM
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QUOTE(Sarah894 @ Oct 4 2018, 09:58 PM) Here the attachment on the breakdown of the fee. Thanks a lot in spa bill should have 'entry of caveat' on legal fees and disbursement as well. it's either they cincai mark up loan price , or they intend not to charge u legal fee to enter your own caveat as a buyer, or they're not entering any caveat for u (as buyer). reputable firm? maybe. help save client's money (duwan to charge extra)? maybe. cincai do quotation due to low purchase price? maybe.
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13aby
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Oct 15 2018, 03:20 PM
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My spa price 584k, agent told me legal fees around rm8k. Hmm how to calculate actually?
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omnimech
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Oct 15 2018, 03:23 PM
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QUOTE(Sarah894 @ Oct 4 2018, 09:50 PM) Hi, i need advice on the lawyer fee on purchasing a house. I received a quotation from laywer, the amount is rm6200. I bought rm128k house. And obtain 100% loan. Is it reasonable? Can i negociate the fee with laywer? Legal fees can be negotiated most of the time. Stamp Duty cannot. I managed to negotiate a 55% discount on both my S and P and Bank Loan Agreement
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buckbugs
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Oct 17 2018, 01:18 PM
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Getting Started

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QUOTE(Sarah894 @ Oct 4 2018, 09:50 PM) Hi, i need advice on the lawyer fee on purchasing a house. I received a quotation from laywer, the amount is rm6200. I bought rm128k house. And obtain 100% loan. Is it reasonable? Can i negociate the fee with laywer? Hi Sarah, is it sub-sales? if you need free advice, i can forward u a lawyer number. She is expert on housing and able to give free advice. Maybe u can check with her This post has been edited by buckbugs: Oct 17 2018, 01:19 PM
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TSSarah894
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Oct 19 2018, 10:21 PM
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New Member
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QUOTE(buckbugs @ Oct 17 2018, 01:18 PM) Hi Sarah, is it sub-sales? if you need free advice, i can forward u a lawyer number. She is expert on housing and able to give free advice. Maybe u can check with her Hi buckbugs, yes i bought subsales house, sure, why not, i will ask further regarding the laywer fee to her. Thanks a lot!!
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TSSarah894
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Oct 19 2018, 10:23 PM
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New Member
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QUOTE(omnimech @ Oct 15 2018, 03:23 PM) Legal fees can be negotiated most of the time. Stamp Duty cannot. I managed to negotiate a 55% discount on both my S and P and Bank Loan Agreement How do you do it, please share with me the tips
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