QUOTE(smsam2 @ Jun 15 2011, 06:35 PM)
ok. fyi
Received the letter sent out by JMB today.
Gist:
Ler Lum fee is blanket 1% for those accepting their 'offer' by 31st July. Thereafter, will need to contact them directly and negotiate yourself.
1% is only applicable for those SPA before 3rd August 2003. Any SPA after this date, will also need to contact them and negotiate directly. Anyone done that, please update here what Ler Lum is charging.
JMB recommend to use lawyer Bessie Loo Associate to facilitate document submission. Fee for Bessie is not known. Anyone knows the approx fee, please update.
Note thatit is stated Bessie Loo is only to facilitate document submission to Ler Lum. I am not sure if we need to pay another lawyer to deal with the bank (for those still having loan on the property). I guess likely you will need to (again, anyone who knows for sure, please update).
Back to my earlier suggestion. What if we appoint a single lawyer to handle everything and get higher discount? I understand there is a lot of documentation needed to be done, thus the high fee. But if a single lawyer doing for multiple owners, it's basically just xeroxing the documents, and changing the names only.
Any takers? Gotta move quick cos deadline for submission to Ler Lum is 31st July.
Sam
Anywhere when you purchase ur unit? b4 03/08/2003 or after?
Wat i understand that for those who purchase at 2006-2011...confirm verify oledi ...no need do this step again.....but for 2004-2005 i am not sure...?
For those who want to know whether his/her unit verify or not, jz give Ler lum a call ask the PIC and provide ur unit no, they will tell u the result.
The deadline 31/07 jz for verification stage oni.....not go to application strata title yet......
The cost will incurred for this process
1) 1% of market value adjudicated by valuer
2) Lawyer fee RM315
3) Processing fee (CTC copy for all the documents requested)
4) If employ lawyer bessie loo ass....addition cost (jz give them a call get quotation from them, but anywhere u needed prepare all the documents oso)
5) Outstanding balance of maintenance fee (if not fully clear)
After verification was done..... next step then will go to application strata title......and lawyer fee and stamp duty will be incurred again, but will in discounted rate.