QUESTION

I want to do Perfection of Transfer and Charge.

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 Agreement or Memorandum of Transfer.

Usually, the stamp duty amount is the most expensive or the second most expensive figure; it is hard for you to miss on the bill. Unless if you have a stamp duty exemption, the amount might be lesser.

If you misplaced the Sale & Purchase Agreement bill, then you can go back to the SPA lawyer and check it.

Alternatively, you can go to Lembaga Hasil Dalam Negeri (LHDN) to check your property’s stamp duty status.

If you bought the property from a developer during construction, you typically haven’t pay the stamp duty.

But, if you bought the property from an owner or agent, most probably you paid the stamp duty.

I hope this answer is useful to you.

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