Pay 1 month of rental as the booking deposit upon signing of the Letter Of Offer / acceptance.
Signing of the Tenancy Agreement within the next 14 DAYS from date of acceptance and pay TWO (2) MONTHS rental as security deposit and ½ or 1 MONTH rental as utility deposit plus the stamping fees and disbursement fees.
Stamp Duty on Transfers
All transfers of property attract stamp duty regardless whether the acquirer gives consideration for the transfer or not. Usually, acquirers of property pay money for the acquisition. But sometimes the acquisition may be way of gift.
VALUE OF PROPERTY
RATE OF STAMP
Up to RM 100,000
From RM 100,001 to RM 500,000
From RM 500,001 onwards
Stamp Duty on Charges
A charge on property is an instrument created by statue, namely the NLC. It affords the Chargee a security for loan granted to the Chargor over the property charged.
Stamp duty is calculated at the rate of about 0.5% of the loan amount.