Stamp Duty & Legal Fees

Can I Transfer My Property To My Wife?

Question: Can I Transfer My Property To My Wife? Hi, I need to know what else I should do/procedure—currently, house under joint name between my wife and me. I want to transfer my 50% to my wife, and I believe stamp duty is exempted under transfer of love in the property. What else I [...]

How do I know or check if I’ve paid the stamp duty?

How do I know or check if I've paid the stamp duty when signing the Sale & Purchase Agreement? Answer: Thanks for your question. For a start, you can check the Sale & Purchase Agreement legal fees bill, and from the bill, there is a column stated Stamp duty for Sale & Purchase [...]

TRANSFER PROPERTY BETWEEN FRIENDS

Transfer property between friends is quite common nowadays because it is a new norm to purchase a property with our friends, boyfriend, or partner. Hence, the idea of co-own a property provides more comfort among people, and it also helps to lower the individual cost of buying a house. Among others, applying for a [...]

MY SECOND PROPERTY COST ME TO PAY ANOTHER RM30K FOR MEMORANDUM OF TRANSFER

Question: I bought a condo joint with my wife (my second property, wife’s first property). Recently we got a call from our lawyer office regarding the MOT are ready. I had received the quotation, and it cost close to 30k in total. The question is, can these payments be put into an existing housing [...]

Transfer Of Property From Father To Son – Malaysia 2020

Property Transfer Love & Affection 2020 You're a Father, and you have a son. You figure that it will come a time to transfer one of your property to your son. And you're not sure how to do it. Well. I guess this is the article for you. First of all, let start by [...]

Exemption For Stamp Duty 2020

Stamp Duty Exemption Malaysia 2020 Are you going to buy a house for the first time in the year 2020? Then this Exemption For Stamp Duty can be handy to you. When buying a house, the property stamp duty can stand a considerable amount compared to other fees involved. So, let's get to [...]

Pengalaman Mengenai Peguam Hartanah

Pengalaman Mengenai Peguam Hartanah Melissa pernah menjual rumah melalui ejen rumah. Ejen rumah menyuruh pembeli melantik Peguam hartanah ejen rumah untuk membuat perjanjian jual beli. Melissa setuju menguna Peguam hartanah yang sama. Kami sign perjanjian jual beli BUKAN di pejabat Peguam hartanah. Selepas menunggu berbulan-bulan lamanya dan masih kes jual beli tidak selesai, Melissa [...]

How Much Is Lawyer Fees When Buying A House In Malaysia? – Legal Fees Malaysia

How Much Is Lawyer Fees When Buying A House In Malaysia? One day, I was having a conversation with our associate lawyer. What interesting in the conversation was, she mentioned that some client was unaware that they were required to pay two types of legal fees when buying a house. On that note, I [...]

Budget 2020 Malaysia Property & Real Estate Highlights

Budget 2020 Malaysia Property & Real Estate Our Finance Minister announced Budget 2020 Malaysia today, and it's quite a comprehensive Budget 2020 that I think will make lots of us very happy. It is a reasonable budget for 2020. It covers a few critical subjects like the move to abolish tolls by stages, Bantuan [...]

Stamp Duty Question & Answer

Stamp Duty Question & Answer Client Question: Me & my wife plan to buy a property at BM, Penang, with price 435k on July’19, she is a 1st-time buyer but not for me, will entitle stamp duty exemption? Answer: Yes, there is. Only 50% of the property. If the property value is RM435,000, 50% [...]

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