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Solicitors' Remuneration Order 2006 (Gazetted on 31 December 2005, and came into
force 1 January 2006)
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SUMMARY
Sale &
Transfer
<RM150,000:
1.00%
150,000-1,000,000: 0.70%
1,000,000-3,000,000:
0.60%
3,000,000-5,000,000:
0.50%
5,000,000-7,500,000:
0.40%
>7,500,000:
<0.40%
Tenancy
<10,000: 1/4
months rent
10,000 -
100,000: 1/10
months rent
>100,000: <1/10
months' rent
Lease
<10,000: 1/2
months rent
10,000 -
100,000: 1/5
months rent
>100,000:
<1/5
months' rent
Discharge / DR
First Title /
Property: RM300
Each
Additional Title / Property: RM50
Charges, Debs/
Sec Docs
<RM150,000:
1.00%
150,000-1,000,000: 0.70%
1,000,000-3,000,000:
0.60%
3,000,000-5,000,000:
0.50%
5,000,000-7,500,000:
0.40%
>7,500,000:
<0.40%
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Sale and Transfer
(First Schedule)
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Consideration or Adjudicated Value, whichever the higher |
Scale Fees |
Cumulative Value
(Cumulative Fees) |
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First RM150,000 |
1.00%
(subject to min RM300) |
150,000 (1,500) |
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For the next
RM850,000 |
0.70% |
1,000,000 (6,250) |
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For the next
RM2,000,000 |
0.60% |
3,000,000 (18,250) |
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For the next
RM2,000,000 |
0.50% |
5,000,000 (28,250) |
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For the next
RM2,500,000 |
0.40% |
7,500,000 (38,250) |
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Exceeding
RM7,500,000 |
Not exceeding 0.40% |
0.40% of excess |
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The First Schedule of the SRO provides: In addition to any other
fees payable to a solicitor under this Order, a solicitor who arranges:- (a)
a sale for a vendor (other than a sale by public auction in which event rule
4 of this Schedule shall apply); or (b) a purchase by a purchaser, and
negotiates the price and terms and conditions thereof, shall be entitled to
an additional negotiating fee equivalent to the full scale fee specified.
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Lease / Tenancy (2nd
Schedule)
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Monthly rent |
Scale Fees (Lease) |
Scale Fees
(Tenancy) |
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For the first
RM10,000 |
50% month's rent |
25% month's rent |
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For the next
RM90,000 |
20% month's rent |
10% month's rent |
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Thereafter |
Negotiable (but
not more than 20% month's rent) |
Negotiable (but
not more than 10% month's rent) |
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SUBJECT TO: Minimum
scale charge |
RM300 |
RM300 |
Discharge of Charge / Deed of Reassignment (3rd Schedule)
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First title /
property |
RM300 |
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Each additional
title / property |
RM50 |
Charges, Debenture and other Security Documents (4th Schedule)
|
Amount Secured |
Scale Fees |
|
First RM150,000 |
1.00%
(subject to min RM300) |
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For the next
RM850,000 |
0.70% |
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For the next
RM2,000,000 |
0.60% |
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For the next
RM2,000,000 |
0.50% |
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For the next
RM2,500,000 |
0.40% |
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Exceeding
RM7,500,000 |
Negotiable on the excess, but shall not exceed 0.40% |
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For principal
instrument |
Full Scale
Fee |
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For each subsidiary
instrument within subsection 4(3) of the Stamp Act 1949 |
10% of scale
(subject to
minimum of RM200 and maximum of RM1,000) |
Preparing, filing or witnessing miscellaneous documents (5th Schedule)
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For witnessing
execution of a document |
RM50.00 for first and
RM10.00 for each subsequent copy |
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For witnessing
execution of a document and giving an attestation certificate (if any) |
RM100.00 for first and
RM10.00 for each subsequent copy |
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ROC Forms under
section 108-113 |
RM200 per set
(Forms 33 and 34 as one set) |
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CKHT 1 form
(Vendor) |
RM300 per form |
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CKHT 2 form
(Purchaser) |
RM200 per form |
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Application for consent from State Authority / State Statutory Body |
RM200 per
application (for consideration RM45,000 and below)
RM300 per
application (for consideration above RM45,000) |
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Filing of any
other form with the appropriate authority |
RM100 per form |
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Entry of caveat
pursuant to sale and purchase agreement and loan transaction |
RM200
for 1st title |
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Subsequent title |
RM50 per title |
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Withdrawal of
caveat |
RM150
for 1st title |
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Subsequent title |
RM50 per title |
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In addition to the foregoing a charge not
exceeding RM50 may be made for miscellaneous expenses |
For stakeholder fees, please refer to our
Section on Stakeholder Fees. |