Asked by Anonymous
just like to ask if the legal fees for buying under entity similar to legal for buying under individual for private residential? if there is difference, what are the differences for legal processes and breakdown of it ? or are the legal processes similar?
this breakdown is for purchasing as individual and i am not sure if it is the same for buying under entity for private residential?
Professional Fees for Lawyers
Title Searches (Payable to SLA)
Solvency/ Bankruptcy Searches on Vendor and Purchasers (Payable to Ministry of Law)
Legal Requisitions (Payable to seven government bodies)
Road Line Plan Search (Payable to INLIS via SLA)
Purchaser and Bank Caveat Lodgement for Transfer and Mortgage (Payable to SLA)
MCST Certification (Payable to SLA)
Transfer Registration Fee (Payable to SLA)
Mortgage Stamping Fees (Payable to IRAS)
Mortgage Registration Fees (Payable to SLA)
CPF Lawyer Fees and Expenses (Payable to CPF Board)
Bank’s Fee for Issuance of Cashier’s Order (Payable to Bank)
this breakdown is for purchasing as individual and i am not sure if it is the same for buying under entity for private residential?
Professional Fees for Lawyers
Title Searches (Payable to SLA)
Solvency/ Bankruptcy Searches on Vendor and Purchasers (Payable to Ministry of Law)
Legal Requisitions (Payable to seven government bodies)
Road Line Plan Search (Payable to INLIS via SLA)
Purchaser and Bank Caveat Lodgement for Transfer and Mortgage (Payable to SLA)
MCST Certification (Payable to SLA)
Transfer Registration Fee (Payable to SLA)
Mortgage Stamping Fees (Payable to IRAS)
Mortgage Registration Fees (Payable to SLA)
CPF Lawyer Fees and Expenses (Payable to CPF Board)
Bank’s Fee for Issuance of Cashier’s Order (Payable to Bank)
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