PROPERTY - OVERVIEW
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Looking for a Property Appointing Real Estate Agent Negotiating a Purchase Checks on Title / Ownership Paying Earnest Deposit Financing Options Appointing a Solicitor Signing the Sale and Purchase Agreement Paying the Balance Deposit Lodgement of Private Caveat Satisfaction of Conditions Precedent Accepting the Financier's Offer Signing the Loan Agreement Paying the Differential Sum Paying the Redemption Sum Paying the Balance Purchase Price Penalties for Late Payment Apportionment of Expenses Delivery of Vacant Possession Post-Vacant Possession Procedures
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Considering your Options Margin of Financing Restrictions on Refinancing Early Redemption / Exit Penalties Redrawal Facility Fixed or Floating Interest Rates Capacity to Serve Loan Credit Evaluation by Financier Accepting the Letter of Offer Loan documentation Release by Financier to Redeem Property Release by Financier of Balance Loan Sum Service of Monthly Installments
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Advertising for Sale Appointing Real Estate Agent Negotiating a sale Checks on the Purchaser Accepting Earnest Deposit Appointing a Solicitor Redemption / Receipt & Reassignment Signing the Sale and Purchase Agreement Receipt of Balance Deposit Developer Consent Satisfaction of Conditions Precedent Receipt of Redemption Sum Redemption / Reassignment Receipt of Balance Purchase Price Delivery of Vacant Possession Penalty for Late Delivery Apportionment of Expenses
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Legal Fees 1.00 % for first 150,000 0.70% for next RM850,000 0.60% for next RM2,000,000 0.50% for next RM2,000,000 0.40% for next RM2,500,000 Not exceeding 0.40% above RM7,500,000 |
Legal Fees 1.00 % for first 150,000 0.70% for next RM850,000 0.60% for next RM2,000,000 0.50% for next RM2,000,000 0.40% for next RM2,500,000 Not exceeding 0.40% above RM7,500,000 |
Legal Fees 1.00 % for first 150,000 0.70% for next RM850,000 0.60% for next RM2,000,000 0.50% for next RM2,000,000 0.40% for next RM2,500,000 Not exceeding 0.40% above RM7,500,000 |
Stamp Duty RM1 every RM100 for first 100,000 RM2 every RM100 for next RM400,000 RM3 every RM100 exceeding RM500,000
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Stamp Duty RM5 every RM1000 (0.5%) |
Stamp Duty None |
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