Memorandom of Transfer

syasya99

saya dah beli rumah saya tahun 2000 berharga RM175k. Sekrg saya dpt surat lawyer untuk pindah hak milik. Tapi saya kena bayar RM5200. Rasanya mahal sbb jiran taman lain beli rumah tahun 2001 berharga RM185k tapi cuma bayar RM3k+ unt uk surat pindah hak milik. Korang pernah ada problem ni ke?

gdb

hehe... aku dulu bayar MOT ni masa lepas sign s&p lagik... dlm 3k lebih jek, tanah luas kot... berapa sqft? @ kawasan tu harga dah tinggi??

gdb

aku dulu bayar sama dgn s&p... dlam 3k kot... ehmmmm... tanah tapak rumah tu luas ke??? atau value tanah tempat tu dah naik kot??

syasya99

actual tapak 22*79

yuslinsha78

sebenarnya, jumlah yg kena bayar bukan bergantung pada keluasan rumah atau besarnya rumah yg dibeli tu, tapi bergantung kepada harga rumah tu sendiri

elbecks

MOT stamp duty bergantung pada harga penilaian semasa oleh pejabat penilaian

Ina_zali

A Memorandum of Transfer is the document that transfers the land from the vendor to you as the purchaser. It is lodged with the Lands Titles Office and describes how the land is to be held.
MOT ni kalau tak silap, depend on harga property, jd sekiranya MOT dibuat lg lewat, bayarannya akan meningkat, unless harga property tu jatuh.

Ina_zali

Registration Requirements:
NorocedureTime to completeost to complete: 1Sale-purchase agreement sent to Stamp Office for stamping 1 dayRM 10 (stamping fee)2Memorandum of Transfer (14A) sent to Stamp Office for adjudication of Stamp Duty1 dayRM 10 (adjudication fee)3Inspection and valuation of the property30-42 daysno additional cost4Memorandum of Transfer (14A) sent to Stamp Office for stamping1 day1% on first RM 100,000, 2% on excess of RM 100,000 up to RM 500,000 and 3% on excess over RM 500,000 (Stamp duty)5The transfer is registered at the Land Office/Registry90-120 days RM 100 (registration fee) + RM 60 (search fee)
Procedure 1.
Sale-purchase agreement sent to Stamp Office for stamping
Time to complete:1 day
Cost to complete:RM 10 (stamping fee)
Comment:The sale-purchase agreement is sent to the Stamp Office for stamping. The sale-purchase agreement can be prepared by either party, but is usually done by the lawyer(s) representing the purchaser.

Procedure 2.
Memorandum of Transfer (14A) sent to Stamp Office for adjudication of Stamp Duty
Time to complete:1 day
Cost to complete:RM 10 (adjudication fee)
Comment:The Memorandum of Transfer (Form 14A) will be stamped to show that an adjudication fee of RM10 has been paid, and will then be returned to the purchaser抯 lawyers to hold, pending adjudication. The Stamp Office will direct the district valuation department to value the property. Documentation shall include: - Memorandum of Transfer (14A) - Copy of the sale-purchase agreement - Copy of title deed - Form PDS5 (Stamping Proforma)

Procedure 3.
Inspection and valuation of the property
Time to complete:30-42 days
Cost to complete:no additional cost
Comment:The valuation department will conduct an inspection to value the property, if required. The inspection is not mandatory to conclude the valuation and it is at the discretion of the valuation department, but in practice, it takes places in the majority of the cases. The Stamp Office will issue a notice of assessment based on the valuation department抯 report.

Procedure 4.Memorandum of Transfer (14A) sent to Stamp Office for stamping
Time to complete:1 day
Cost to complete:1% on first RM 100,000, 2% on excess of RM 100,000 up to RM 500,000 and 3% on excess over RM 500,000 (Stamp duty)
Comment:Stamp duty must then be paid to the Stamp Office, based on the Notice of Assessment, within fourteen (14) days from the date of such notice or the period indicated by the Collector of Stamp Duty. Usually the Collector will give thirty (30) days from the date of such notice to pay the stamp duty. This procedure may take one day if the purchaser or purchaser抯 lawyer goes personally. Otherwise it can take up to 5-7 days for the Memorandum of Transfer to be endorsed and be ready for collection. The documentation shall include: Form 14A (Memorandum of Transfer) Notice of Assessment (obtained in Procedure 3)

Procedure 5.
The transfer is registered at the Land Office/Registry
Time to complete:90-120 days
Cost to complete:RM 100 (registration fee) + RM 60 (search fee)
Comment:The purchaser抯 lawyer presents the duly stamped Memorandum of Transfer (Form 14A) for registration at the Land Office/Registry. This must be done within three months from the date of the Memorandum of Transfer (Form 14A) which is usually dated when it is submitted for adjudication. A title search is conducted just prior to presentation to ensure that there are no encumbrances or restraint against dealings which may hinder the registration of the Memorandum of Transfer (Form 14A). The real property gains tax (RPGT) at the rate of 5% on any gains, has been abolished on April 1, 2007. The documentation shall include: