Solicitor’s Remuneration
We have for your information and convenience detailed the legal fees in accordance with the Solicitor’s Remuneration Order 1991 (as amended).
(a) Value RM 250,000.00 — Fees RM 1,750.00
The cost for preparation of the Sale and Purchase Agreement is determined by the purchase price of the property.
Consideration/Adjudication Value (whichever is higher) First RM100,000.00 – Scale Fees 1.0% next RM4,900,000.00 – Scale Fees 0.5%
eg/- Consideration RM250,000.00 RM100,000.00 — 1.0% = RM1,000.00 RM150,000.00 — 0.5% = RM750.00 Scale Fees = RM1,750.00
(b) Stamping Charges
RM3.00 per copy of agreement RM10.00 per copy with common seal.
Memorandum of Transfer
(a) Stamp Duty
For first RM 100,000.00 is at 1% of the value. For next RM 400,000.00 is at 2% of the value.
(b) Registration fees on transfer
| Value | Fees | |
| i | RM 50,000 | RM 50.00 |
| ii | RM 50,001.00 – RM 200,000.00 | RM 100.00 |
| iii | RM 200,001.00 – RM 500,000.00 | RM 300.00 |
| iv | RM 500,001.00 – RM 1,000,00.00 | RM 300.00 |
| v | Above 1 million | RM 500.00 |
(c) Adjudication fees on transfer : RM10.00
(d) Search fees : RM30.00 (Selangor)
(e) Lodgement of Private Caveat : RM80.00 (Selangor)
Lodgement Withdraw of Private caveat : RM60.00 (Selangor) Lodgement Withdraw of Lien-holders caveat : RM80.00 (Selangor)
Charge
(a) Registration of charge : RM50.00 (Selangor) (b) Stamp duty on charge : RM5.00 for every RM1,000.00 of the loan amount or 0.5% of loan amount. (c) Stamp duty on copies of charge : RM10.00 flat per copy
Loan Agreement
(a) Stamp duty : RM5.00 for every RM1,000.00 of the loan amount or 0.5% of loan amount (b) Loan Agreement with Power Of Attorney clause : additional RM10.00 (c) Registration of Loan Agreement at High Court : RM1.00 per printed page (d) Stamp duty on copies of Loan Agreement : a flat RM10.00 per copy
Deed of Assignment
(a) Stamp duty : RM10.00 flat
The above does not include the solicitor’s fees and disbursements which will vary from firm to firm. The above charges be subject to change from time to time as the authorities may impose.
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