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 Selling house, need advice

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edyek
post Apr 24 2019, 06:01 PM

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From: Land of the Hornbills & Land Below the Wind
QUOTE(kamui99 @ Apr 24 2019, 12:52 PM)
dear all,

need some help...

I am selling my house

The agent lawyer told us that we (the seller) need to put a 30k deposit with ldhn before the relevant government bodies agree to proceed with the processing of the documentation

FYI. I am selling my house lower than the original purchase price so by right there's no RPGT..

when I check the website, it also does not mention that the seller needs to pay any deposit with ldhn..

i dont have any other lawyer friend to check.. so i wonder if i can get some advise here..

thank you
*
Time to change your lawyer. Lawyer need to retain 3% from the 10% deposit paid by the purchaser for RPGT purposes. If there are no RPGT, it will be refunded to you later on.

edyek
post Apr 24 2019, 06:02 PM

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From: Land of the Hornbills & Land Below the Wind
QUOTE(WaCKy-Angel @ Apr 24 2019, 12:54 PM)
The lawyer will keep 10% of the money paid by buyer for RGPT purposes. Seller does not need to fork out money.

Why selling lower than original price no need pay RGPT ?
*
Since when lawyer keep 10% for RPGT purposes? So if buyer pay 10% deposit and none goes to seller? You sure bohhhhh.... new ruling?
edyek
post Apr 25 2019, 03:11 PM

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From: Land of the Hornbills & Land Below the Wind
QUOTE(WaCKy-Angel @ Apr 25 2019, 08:32 AM)
eh wait i think is not more than 5%
Its not taken from the deposit.
*
If not taken from deposit then who pay in the first place?
Buyer fork out 10% deposit + not more than 5% for RPGT purposes?
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