FREE STAMP DUTY, LEGAL FEES AND DISBURSEMENT FEES

Have you heard someone say that it is FREE stamp duty, legal fees, and disbursement fees when purchasing this property? What does it mean? This week, I will discuss what FREE stamp duty, legal fees, and disbursement fees context mean. Personally, I feel these few words can seem to be misled if without further [...]

HOW TO REMOVE JOINT OWNER NAME FROM PROPERTY?

If you need to remove joint owner name in a property and have no idea how to do it, then this article is for you. We also share a few tips on how to save money when doing the property transfer. Check out the article here. Ever been asked the same thing repeatedly? This [...]

10 Things you should know about Perfection of transfer (POT) and Perfection of charge (POC).

1.You have to do a Perfection of transfer (POT) and Perfection of charge (POC) when the strata or individual title is issued. 2. Previously, If you bought a master title property from a developer or an owner, you need to do a POT and POC after a few years when the title is issued. [...]

Stamp duty should be calculated from purchase price or market price?

Hi Melissa, I bought an apartment in year 1998 directly from the developer. Recently, I received a letter from liquidator requesting me to assign my own lawyer for POT. Stamp duty should be calculated from purchase price or market price? Some lawyer quote me from purchase price, some by market price! Answer : [...]

Patutkah saya menyelesaikan dulu proses strata title sebelum menjual rumah?

Patutkah saya menyelesaikan dulu proses strata title sebelum menjual rumah? Proses strata title sebenarnya dipanggil "perfection of transfer" (POT) dan "perfection of charge" (POC). Ada yang tidak tahu mereka perlu membuat POT dan POC selepas membeli rumah. Saya suka follow FB page yang memberi manfaat kepada viewer. Ada salah satu FB page ini, memang [...]

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 [...]

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