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(WTA)legal fees for house RM210K?, 2nd free hold house
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johnsonm
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Aug 12 2008, 03:34 PM
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Getting Started

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legal fees is around 1920. on top of that there is a 5% govt tax, then stamp duty, which costs a bomb. stamp duty is 3200, but you might be eligible for the 50% discount being offered by lhdn, meaning you pay 1600 only.
on top of that, there are other charges, like stamping of the s&p, which is rm10 per copy, registration at the land office title search etc.
it is good to have an idea of what the fees is, and how its calculated, so you dont get cheated. so many cases of lawyers cheating out there.
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johnsonm
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Aug 12 2008, 04:24 PM
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Getting Started

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my calculations above are for the sale and purchase agreement only.
what are your calculations for rizal? i don't get it.
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johnsonm
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Aug 12 2008, 07:03 PM
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Getting Started

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is 2800 including the stamp duty or legal fees alone?
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johnsonm
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Aug 13 2008, 12:59 PM
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Getting Started

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rico, you are just confusing everyone. i think even you don't understand some of the things you are typing.
BZR101, the fees is still a bit high. should be able to go down a bit more.
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johnsonm
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Aug 13 2008, 04:59 PM
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Getting Started

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BZR101, freehold, and with title, means you have to pay rm300 for registration fee, rm30 for title search, rm10 for adjudication fees, rm40 for stamping the s&p. that totals up to rm380. add the legal fees 1920 and stamp duty 1600, and the 5% tax which is 96, total is 3996. that means you are being charged rm400 for printing, telephone calls, courier, travelling postage etc. a bit too high if you ask me. further, no discount given. let me guess, this lawyer was recommended by some bank officer? your discount will probably go into the officer's pocket
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