total noob here about property

since there is a DIY guide on how to transfer ownership of car to another person
i wanna ask is there a DIY guide on property ownership transfer?...say parents transfer to their child(name change)
or need to go through lawyer?

am actually looking for the cheapest way to transfer property ownership(both party still alive)

You need pay stamp duty Oslo. Buat will cheapest

This post has been edited by airtawarian: May 8 2019, 06:48 PM

i know i still need to pay
but which method is the cheapest and how?

Will. Transfer stamp duty RM 10

i don't think will is the cheapest
been through and done that
at the end of the day, it cost a portion of how much the property is worth(after the person died)

If your prop high value. Transfer will costs you alot stamp duty. You sendiri count then u know. I lazy explain. Waste my precious time typing

by will doesn't mean u don't need to pay stamp duty bro(it's just a now or later problem)
i just want a way that can DIY transfer

i found out a way which is via memorandum of transfer(MOT)/form 14A
submit to calculate and pay stamp duty thn submit to land office
*transfer between family member is eligible for 50%-100% stamp duty waived

the only thing i'm not sure is can this be done by our ownselves or need runner

This post has been edited by MR_alien: May 10 2019, 03:58 PM

You must be listening to many wrong advise. Do not listen to others. Many info you got are wrong.

so do u mean if via will no need to pay stamp duty?..the property will straight transfer without any charges after the death of the will maker?

thn why does when my father died(with will), after the transfer of the property that he include inside the will
my mom was charged RM15k by the lawyer?
this isn't any wrong advice, it's my real life experience

This post has been edited by MR_alien: May 10 2019, 04:10 PM

Haha... Your lawyer charged based on the value of the property. A simple probate will only costs 4-5k whilst for transmission and transfer of prop legal fees only RM 300 + stamp duty RM 10 + other disbursements. You kena screwed by the lawyer.

u can do by urself at the land office if you got too much free time.

best option is to find a lawyer friend and belanja him makan n minum maybe he will do free for u.

actually from all my relative case, all kena that(the bolded part) except for my grandpa's case which is done by his own younger sister
all lawyers are blood suckers bro, which is why they're so rich
which is also why i want to do it myself instead of letting lawyers earn that money

transferring between families can get 50% to 100% stamp duty waived anyway
since both case also needed to pay money(which i know), why not do it myself

p/s : i've never heard any lawyer charge only "legal fees only RM 300 + stamp duty RM 10 + other disbursements" for prop transfer with will before
at least around me i don't

Actually many lawyers dont charge based on value of the property. I suggest you go for small law firm to do your will. Regarding stamp duty, your understanding is totally wrong. I dont wish to repeat myself. I suggest You need to find legal advise from lawyer before you proceed with anything.

i'm a lawyer but im not rich. where did i go wrong?

probably everything
of all the lawyers i know/saw, the only 1 that is not rich is actually not a full time lawyer
he is a lecturer at a university teaching business law(he taught me as well)

and on the side note since you're a lawyer, can u tell me what are the charges like after my death if i were to choose to transfer my prop through will?
because if it is like what "airtawarian" said, how do i even prevent them from charging based on the value of the property?

"if you're good at something, never do it for free"

Have u watched the dark Knight?