Friday, February 4, 2011

Lawyer Lawyer Lawyer - Legal Process of Buying a House in Johor for Foreginers

For the purchase of our house in East Ledang, we used the service of Ms. Lau Lee Jan from Tay & Partners.

Since we were new to this whole process and area, we asked for contact of reliable lawyer from a neighbour.

Here's the rough legal process we went through (Bear in mind that we bought a sub-sale unit):
- Loan application (through UOB Malaysia)
- Offer to purchase
- Title deed search
- Quit rent and Assessment checks from vendor
- Confirmation of loan
- Sale & Purchase Agreement (SPA)
- State Authority Consent application - estimate time is 3 to 4 weeks earliest
- Transfer to be adjudicated by the stamp office (estimate time is 3 to 4 weeks earliest)
- SPA allowed us to complete purchase within 3 months from getting the Approval
- Once State Authority approved, complete loan discharge
- Vendor's existing loan to be discharged
- Exchange of keys
- Building inspection checklist

The entire process took est. 6 months due to many delays from the vendor. The legal fees (including Levy, lawyer fees etc) cost est. RM65K.

I'm super glad that this is over and am happy to be the legal owner of our house now :)

We're happy with the services provided by Tay Partners and we found them to be quick to respond and trustworthy.

Happy buying!

7 comments:

  1. Hi Erika,

    can you email me the breakdown of the fees when doing the process? i am looking at purchasing a JB condo, and i am not familiar with the fees involved. the developer had give me a breakdown, but i need something to verify against too. thanks in advance. you can email to poonyong@gmail.com

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  2. Hi Ben & Jen, I've emailed you at poonyong@gmail.com, please feel free to drop me a note if you have any further questions.

    Best of luck,
    Erika

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  3. Hi Erika,

    I am buying a subsale house in nusajaya, do you mind to email me the breakdown of your legal fees? I got a quotation from a lawyer firm but would like to compare against to assure they are not overcharging me. My email is michelletmc89@gmail.com
    Highly appreciate your kind help in advance.

    Cheers,
    Michelle

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    Replies
    1. Hi MIchelle, I have emailed what I could find. All the best

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  4. hi kindly enlighten me how to go about purchasing a house in Johor...im totally green about this whole thing but am keen to know more..thanks in advance : )

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    1. Hi Jeslyn, thanks for reading my blog. Are you a Malaysian or foreigner? I wrote the summary of steps we went through in this article, if you have any specific qs, please feel free to post your qs. Thanks!

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  5. Hi Erika, mind to mail me the breakdown for the spa & loan legal fee for subsale base on 800k purchase price & loan 600k, tks! jacelyndiong@gmail.com fm:jacelyn

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