QUOTE(MrTaxxi @ Mar 4 2025, 10:05 PM)
does anyone have experience in buying subsale? mine is now at MOT process (still ongoing) and the lawyer asked for full payment (lawyer fee for SPA + stamp duty).
what's the usual practice? should i ask for 50% payment now and 50% payment when everything's done (transferred title)?
Stamp duty and other disbursements are payable before completion of transfer. what's the usual practice? should i ask for 50% payment now and 50% payment when everything's done (transferred title)?
Not many lawyers are willing to upfront their firm money on client's behalf and these are the major chunk of the total bill. If for any reason that a client cannot repay the upfront money, the transfer cannot be reversed.
As for legal fee, discuss with the lawyer regarding split payment.
Mar 5 2025, 08:50 AM

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