Feb 26 2022, 12:25 PM
QUOTE(iceiscool @ Feb 26 2022, 11:34 AM)
My father plan to transfer his property (leasehold landed house) to me as his age is catching up.
Would like to know what is the process and feed incurred?
Engage a lawyer for the transfer process. Standard legal fees rate applicable based on current market value. Can nego for discount.Would like to know what is the process and feed incurred?
In addition, require to pay 50% stamp duty based on current market value. Calculate gross, then less 50%.
In addition, state consent required because the title is leasehold.
https://www.lowpartners.com/malaysia-law-fi...uty-calculator/
This post has been edited by mini orchard: Feb 26 2022, 12:47 PM
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