Memorandum Of Transfer Malaysia
Now is your chance to sign your memorandum of transfer or the less excitingly titled form 14a.
Memorandum of transfer malaysia. Well for your information mot stands for memorandum of transfer. Form 14a will indicate who is the owner and who is the transferor transferee and how much shares you want to transfer. It s the legal equivalent of handing you the keys to the front door and saying the property is yours. The lawyer will ask you to sign form 14a memorandum of transfer.
It is basically a document that indicates the property is yours and it s used to transfer ownership of the house from the developer to you or in the case of secondary market purchases transfer ownership of the house from the seller to you. Mot is basically a document that indicates the property is yours and it is used to transfer ownership of the house from the developer to you or in the case of secondary market purchases transfer ownership of the house from the seller to you. You need an experienced lawyer to handle the memorandum of transfer. 1st time home buyer frequent ask questions latest article news memorandum of transfer mot property transfer purchase from agent owner purchase from developer stamp duty lawyer fees stamp duty malaysia 2020 commonly asked questions.
It s the big one. You can choose to transfer all 50 of the property or any amount.