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 Buy Serviced Apartment w Master title, Subsale unit & developer still alive

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Zwean
post Jul 6 2020, 06:45 PM

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QUOTE(Nicklly @ Jul 6 2020, 06:30 PM)
I wanted to buy a  subsale services apartment in KL cost 330k , the unit now still under master title.

Would like to seek expert advise, for this case..

1. DO I need to pay MOT stamp duty? based on 330k is rm5600

2. If I no need, then I need to pay for lawyer to do deed of assignment? Anyone know usually how lawyer charge?

3. Anyone can share experience of buying a vped 3years leasehold service apartment without strata title with cost of acquire the unit.
Well, I asked agent about this but he just ask refer lawyer cos he is not lawyer..

Hope can get answer from here..
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1) Yes upon purchase, during perfection just pay 1k+ to the lawyer for perfection because you have already paid the MOT.
2) 1k+
3) I bought 10 year old ++ property, for leasehold under MASTER title the deal will be fast, 2 months if seller does not have outstanding and 3 months if they do.
Zwean
post Jul 6 2020, 07:26 PM

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QUOTE(Nicklly @ Jul 6 2020, 06:58 PM)

U mean when I deal with this lawyer time I need to pay the MOT rm5600 then after that once developer do the strata title then only do perfection for 1k++ ?
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Yes

 

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