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Legal Costs and Stamp Duty of Sale and Purchase Agreement

Posted: Wed Jan 22, 2025 8:05 am
by sumaiyakhatun26
You also need to prepare cash of 3% - 5% of the purchase price to pay legal costs and stamp duty for the sale and purchase agreement.

When do you have to pay these legal costs? When the loan is approved and you appoint a lawyer to draw up the sale and purchase agreement, they will usually ask for a deposit of around RM 300 - RM500. You will need to settle the remaining legal costs after the sale and purchase agreement is signed and stamped.

3) Other Costs
Apart from the legal costs and stamp duty on the sale and purchase agreement, australia email list you also have several other costs, namely the legal costs and stamp duty on the loan agreement, MRTT insurance and home valuation costs. But usually you don't have to pay these costs in cash. Most loan packages allow you to include these costs in the loan. In any case, consult your banker before proceeding.

4) You have to pay a lot! Is there any other way to reduce the payment?
Don't worry, there is a way. Refer to the topic Tips for Buying a House Without a Deposit .

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