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xfile007
11-08-2005, 06:20 PM
Hi all,

Know of any good lawyer doing S & P and Home Loan Agreement, with reasonable price?

Hope you can share your experience.

Thanks in advanced.

shali
11-08-2005, 07:07 PM
Most lawyers can do S&P or real property dealings. Walk into any firm in SS15 or Taipan, and you can't generally go wrong. But not all do court work;)

usj18leong
12-08-2005, 01:25 PM
I don't know any good one but I had a very bad experience with one in USJ10.
They don't even inform me when the title is ready and do not respond to my inquiries. Start with "E".

tupai
13-08-2005, 11:12 AM
Hi all,

Know of any good lawyer doing S & P and Home Loan Agreement, with reasonable price?

Hope you can share your experience.

Thanks in advanced.

u shd check out another thread on "lawyer". Anyway, unless
1. U r a big time property developer with big & repeat legal contracts
2. you know the lawyer personally.

Since last year, methink, most lowyers are "willing-handcuffed-victims" to charge us a high non-nego fixed price/fee. So there is NONE with reasonable price nowadays.

They ganged up (endorsed by their band of brudder council) to charge a high fee for paper-pushing efforts...most ordinary lowyers are not unlike the necessity; a parasite-blood sucking 'doctor' worm in the medieval times. Some lowyers are doing extremely well, majority are so-so but got 'respect' cos they are lawyer. A number of lawyers gave up their practise to open dry-cleaning store, chap-fun restaurants and even upstart mlm company.

Good luck & have fun.


Yang amat buruk lato tupai
:p

SunwayKid
13-08-2005, 12:46 PM
u shd check out another thread on "lawyer". Anyway, unless
1. U r a big time property developer with big & repeat legal contracts
2. you know the lawyer personally.

Since last year, methink, most lowyers are "willing-handcuffed-victims" to charge us a high non-nego fixed price/fee. So there is NONE with reasonable price nowadays.

Got work aorund method lah to get lower fees. They always say fixed price, even the oldest profession, also can negotiate lah. Always negotiate first, before you appoint. My S&P legal fee FOC but loan agreement got 30% off. :)

tupai
13-08-2005, 01:02 PM
Got work aorund method lah to get lower fees. They always say fixed price, even the oldest profession, also can negotiate lah. Always negotiate first, before you appoint. My S&P legal fee FOC but loan agreement got 30% off. :)

hahahhaha! there u go! Good on U Sunway Kid! This will show to the rich-sharky-council that their own small fry baracudas, pike, toman, longkang fish will and can find their own 'happy level' fee.

Damn sharks sometimes underestimated the power of free-trade. So whats the big deal if the toman wants to eat chicken gut as opposed to Oz air-flown prime ribs medium rare?

Ynag Amat Bahagia lato tupai who also got 50% discounted fee BUT only after a long debate and followed with a threat to take the bizz else where:D

Net Rider
13-08-2005, 04:59 PM
I used K.B. Chua & Co. to buy my apartment and they have done a good job in my opinion, now I only have to worry about the Bank's lawyers, just joking.

If you want to use them, they are at Lot 4.50-4.56 (4th Flr) Wisma Central, Jalan Ampang (very close to the KLCC LRT station).

Their prices are standard as per government guidelines, I'm afraid and you'll find it hard to persuade them from giving you a discount.

fat12
20-11-2007, 02:05 AM
With the implementation of the no discount rule... is it still possible to find lawyers who would provide discounts on the legal fees?

Any recommendations?

scorgio
20-11-2007, 02:35 AM
With the implementation of the no discount rule... is it still possible to find lawyers who would provide discounts on the legal fees?

Any recommendations?
Yes. If you know the lawyer well enough.

belly
20-11-2007, 08:54 AM
I don't know any good one but I had a very bad experience with one in USJ10.
They don't even inform me when the title is ready and do not respond to my inquiries. Start with "E".
yeah, me too ! experiencing a lousy lawyer above one of the bank in usj 10, a very $$$ face and not even keep you inform about the status of your s & p progress.

GreyShadow
20-11-2007, 09:57 AM
No discount rules? yeah, they got the no discount rules notice stick in the negotiation room, but they still give me discount when I insisted :D

Sama gang like those wearing a white "Saya Anti Rasuah" tag :rolleyes:

chewie
20-11-2007, 11:13 AM
pm me for a contact... i had engaged her service for my two houses...

is my relative actually and i do not have any share in it...if u r interested, please do pm me and i will pass her contact to you... but warn you that her office is in Desa Petaling. you deal with her directly and ask about the fees.

pucman
20-11-2007, 12:12 PM
Most lawyers can do S&P or real property dealings. Walk into any firm in SS15 or Taipan, and you can't generally go wrong. But not all do court work;)


I have come across lawyers who are very unethical. They want to charge a lot and don't help us much.

They take a long time to process the s & p and then there are hidden charges along the way. When there are disputes, they will avoid you.

DOn't just go to any lawyers.

cskok8
20-11-2007, 12:35 PM
Well, the same goes for doctors, engineers, contractors, plumbers, car mechanics, electricians. There are black sheep in all professions.

La Vida Loca
20-11-2007, 06:06 PM
Always negotiate first, before you appoint. My S&P legal fee FOC but loan agreement got 30% off. :)
I wonder how your lawyer justify the zero S&P legal fees because he would still need to pay corporate tax on his revenue. On paper it will still be 100% legal fees, I'm sure he refunded the discouted amount to you. How ah, maybe he hid the cost in the admin fees like traveling, photostate, telephone etc. Very interested to know if there's such a charitable lawyer.

SunwayK
20-11-2007, 06:55 PM
............ Very interested to know if there's such a charitable lawyer.

If you read the alternative news, you will note that lawyers tend to be charitable.......giving away handphones, paying for telephone bills and what not. How is it accounted for? Creative accounting - they don't teach you this subject in business schools.

When the S&P is zero, there is no invoice to raise. In creative schools, this is termed omission accounting. If you look at some property adverts, you will note that some developers give FOC S&P and you can bet your last dollar that the developer will not reimburse the lawyer for their service.

The catch is - the lawyer get to whack you kau kau on the loan agreement. This is what they call compensating accounting. What they did not tell you is that you do not need to use the same S&P lawyer to do your loan agreement. In their books, it will not be classified as a discount to avoid unnecessary scrutiny by their association. To the IRD, they assessed you based on the profits, not revenue - IRD Accounting. All very legal - tax planning, not evasion.

La Vida Loca
21-11-2007, 12:42 PM
When the S&P is zero, there is no invoice to raise. In creative schools, this is termed omission accounting. If you look at some property adverts, you will note that some developers give FOC S&P and you can bet your last dollar that the developer will not reimburse the lawyer for their service.
S&P legal fees maybe zero but what about stamp duty on transfer, entry and withdrawal of private caveat, registration fee of memorandum of transfer, land search, bankruptcy search etc. All these can't be zero, you'll still be paying thousands to the lawyer to facilitate the transfer and you're willing to make thousands in payment without an invoice and receipt. Wow, you must trust the lawyer a lot.

SunwayK
21-11-2007, 01:23 PM
S&P legal fees maybe zero but what about stamp duty on transfer, entry and withdrawal of private caveat, registration fee of memorandum of transfer, land search, bankruptcy search etc. All these can't be zero, you'll still be paying thousands to the lawyer to facilitate the transfer and you're willing to make thousands in payment without an invoice and receipt. Wow, you must trust the lawyer a lot.

Aiyoh.... I am talking north and you're talking south.

Those that you mentioned are reimubursement of expenses regarding the transfer, not the lawyer professional fees on the S&P lah - of course, there are documents to substantiate the amount. Even Land Office will issue you with a official receipt. Otherwise, how to pay!

firefox
21-11-2007, 02:07 PM
The lawyers dont make much money on S&P documetation most of its are official fees to be paid. Obviously they have to make some money out of this deal. Why ask for discount? Afterall this is a simple routine job any lawyer can get it done.

La Vida Loca
21-11-2007, 02:30 PM
Aiyoh.... I am talking north and you're talking south.

Those that you mentioned are reimubursement of expenses regarding the transfer, not the lawyer professional fees on the S&P lah - of course, there are documents to substantiate the amount. Even Land Office will issue you with a official receipt. Otherwise, how to pay!
Excuse me, I don't think I'm talking south because I can totally understand what you r saying. Legal fees is legal fees, stamp duty for transfer is reimbursement.

If you pay zero to your lawyer for S&P legal fees, technically there's no establish relationship between you and the lawyer. Means legally you don't engage him and he doesn't represent you. If you pay him a lump sum of money and he decided to take an extended vacation with the money, you cannot take legal action against him because there's no locus standi.

In a nutshell, your lawyer is not very ethical and you're taking a huge gamble here where money is concern. Like penny wise, pound foolish. Sorry to be blunt.

SunwayK
21-11-2007, 03:06 PM
....If you pay zero to your lawyer for S&P legal fees, technically there's no establish relationship between you and the lawyer. Means legally you don't engage him and he doesn't represent you. If you pay him a lump sum of money and he decided to take an extended vacation with the money, you cannot take legal action against him because there's no locus standi....
In a nutshell, your lawyer is not very ethical and you're taking a huge gamble here where money is concern. Like penny wise, pound foolish. Sorry to be blunt.

If the S&P is there and prepared by the lawyer, stamped by the Stamp Office, how can there not be a relationship - maybe not on an intimate level. Since we agree to be blunt, know the facts first before you come out with your guns blazing. I am talking about the Legal Fees for the Loan Documentation, not the S&P.

And if by paying their Council prescribed fees makes you pound wise and not penny foolish, by all means, please go ahead.

If 5k (for example) is good enough for the lawyer to take a Round the World Holiday, one can always refer to the Bar Council. If circumstances forced him to take an extended vacation, he will do it, irrespective of whether you pay for his fees or not. Anyhow, my transaction is already done and dusted, the discount is in my pocket, and by the way, I don't gamble.

La Vida Loca
21-11-2007, 06:27 PM
I see you're very offended by my remarks but let me assure you that I didn't mean to hurt your feelings intentionally. I was only trying to clear the air and 'educate' xfile007 because he had asked about S&P lawyers and wanted our opinion.

I also bought a house before so I'm quite verse with the following and how each one is tabulated
- legal fees for S&P
- legal fees for loan facility

Not everyone would be so lucky as you to meet a lawyer who is willing to give zero legal fees on S&P. There's many reported cases of dishonest lawyers pocketing the initial payments and running off to pay debts etc. If the lawyer has a good reputation and plenty of business, why dangle a carrot like this?

Again, I'm really sorry for offending you but a lot of people are reading this forum. I don't want to give out the wrong impression that all is fine and dandy with zero legal fees

SunwayK
21-11-2007, 07:42 PM
No offence taken LVL. To quote someone, sticks and stones may break my bones but mere words will never offend me.

My point:-

1. For buying in the primary market, S & P is advertised as FOC by some developers.
2. Legal fees will hit you on the loan documentation - that is how the lawyers recouped their fees for the charity they do in drafting the S&P.
3. One do not have to use the same lawyers for both the S&P and the loan giving the buyer the opportunity to negotiate a suitable fee.

Explaining the process here is getting more tedious than getting the discount - I will leave it to you to continue to educate.

:)

annice
15-07-2008, 04:25 PM
I wonder how much roughly is the legal fees (plus everything) when buying house about 400k ?

jadewhite
15-07-2008, 05:31 PM
I have come across lawyers who are very unethical. They want to charge a lot and don't help us much.

They take a long time to process the s & p and then there are hidden charges along the way. When there are disputes, they will avoid you.

DOn't just go to any lawyers.

Agreed Pucman. I have come across lawyers whom only keen to collect $ but do not do a good job. At the end of the day, I am actually the one running around to obtain the necassarily documents from the vendor and the bankers. I even have thoughts of bringing it up to the bar council. But, what I came to know they the only action they may potentially take is to issue a warning or show cause letter and thats it is. Indeed, one could also pursue this matter in the court, the tricky bit here is that ones need to engage a lawyer and this cost $$$$. The other worrying bit is that the lawyer representing you may also ditch you half way. On the other hand, one must also have ample TIME. Just imagine the process of getting your case heard and put to bed.

pucman
15-07-2008, 08:47 PM
u shd check out another thread on "lawyer". Anyway, unless
1. U r a big time property developer with big & repeat legal contracts
2. you know the lawyer personally.

Since last year, methink, most lowyers are "willing-handcuffed-victims" to charge us a high non-nego fixed price/fee. So there is NONE with reasonable price nowadays.
:p

Most of these so-called lawyers do easy paperwork but charge exorbitant professional fees.

If something goes wrong with the contract, they won't fight for you.

THat's my experience with them. :mad:

fRaNkY
16-07-2008, 09:39 AM
There is one near KFC in taipan... you can check it out.

rachel sj
16-07-2008, 02:16 PM
There is one near KFC in taipan... you can check it out.

My close friend runs a law firm in Taipan ( 2nd floor of Leong Kee noodle house ) she is very diligent and professional. PM me if you need her contact details...

jutamind
05-08-2011, 05:45 PM
My close friend runs a law firm in Taipan ( 2nd floor of Leong Kee noodle house ) she is very diligent and professional. PM me if you need her contact details...

Hi Rachel,

can you give me the contact details of your lawyer friend?

zinglicious
05-08-2011, 06:29 PM
Most of the job is actually done by the clerks or See Yeah. The lawyers just sign on the dotted lines just like the vendors or buyers. Most of the contracts are standard with legal jargon notwithstanding the legal implications which may arise from delay, termination and other clauses of such S&P agreement. :eek:

The above opinons are of personal views expressed by an Axed Mean Chef turning wannabe Loyar Hitam Putih. Any final decisions should be taken by the forumer with thier own legal attorney with certified qualifications to offer legal advice or counsel. ;)

Yang Loyar See Yeah from Ipoh Mali to KL City sini ke sana with LLB certification (Loyar Loyar Bernama). :D