PROPERTY - OVERVIEW


 

Buying a Property

 

 

Financing / Refinancing

 

Selling a Property

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

 

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

 

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

 

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

 

Stamp Duty

RM5 every RM1000

(0.5%)

Stamp Duty

None

 


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