Scribd Logo
Upload

Welcome to Scribd!

  • Flowchart at SPA With Title (Direct Case)

    Uploaded by

    Adhariah
    24 views1 page
    This document outlines the procedure for an individual to sell and purchase property in Malaysia. The key steps include conducting a land search, preparing legal documents like the sale and purchase agreement and memorandum of transfer, executing the documents and settling fees, getting the memorandum of transfer stamped and adjudicated, paying any stamp duties, registering the memorandum of transfer, releasing the balance of funds, delivering possession, and completing the transaction.

    Original Description:

    Original Title

    Flowchart @ SPA with title (direct case)

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines the procedure for an individual to sell and purchase property in Malaysia. The key steps include conducting a land search, preparing legal documents like the sale and purchase agreement and memorandum of transfer, executing the documents and settling fees, getting the memorandum of transfer stamped and adjudicated, paying any stamp duties, registering the memorandum of transfer, releasing the balance of funds, delivering possession, and completing the transaction.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    24 views1 page

    Flowchart at SPA With Title (Direct Case)

    Uploaded by

    Adhariah
    This document outlines the procedure for an individual to sell and purchase property in Malaysia. The key steps include conducting a land search, preparing legal documents like the sale and purchase agreement and memorandum of transfer, executing the documents and settling fees, getting the memorandum of transfer stamped and adjudicated, paying any stamp duties, registering the memorandum of transfer, releasing the balance of funds, delivering possession, and completing the transaction.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Flowchart of Procedure of a Sale and Purchase of Property with Individual Title

    Pre formation of contracts - Details of Parties - Documents - etc

    Conduct land search

    Prepare Sale and Purchase Agreement, MOT, CKHT, Bills etc

    Execution of SPA,MOT etc and settlement of legal fees and disbursement by client

    Stamping of SPA

    Purchaser's loan approve

    Issue letter of undertaking to Loan Solicitors upon request

    Adjudication of MOT

    Pay stamp duty on MOT upon issuance of notice of assessment

    Registration of MOT

    Release of Balance Purchase Price

    Delivery of vacant possession

    Completion

    You might also like