1. Deposit of Purchase Price It could be 10% of the purchase price, or it could be any different amount as determined by the agreement between the seller and the buyer. 2. Legal Fees for Sale and Purchase Agreement & Loan RM % Up to 10,000.00 2.50 For the next 40,000.00 1.00 For the next…
Dalam menuntut perceraian di Mahkamah Syariah, ramai pihak bimbang sekiranya suami/isteri beliau tidak mahu memberikan kerjasama dan tidak bersetuju dalam tuntutan perceraian yang telah difailkan. Oleh itu, wujudnya HAKAM sebagai alternatif bagi memudahkan tuntutan perceraian. 1. Apakah itu Hakam ? Hakam adalah seseorang yang dilantik oleh suami, isteri atau mahkamah sebagai penimbangtara dengan tujuan menyelesaikan…
I. ILLUSTRATION Ali was made bankrupt in 2023. However, Siti and Mark wish to sue him for the following matters, respectively: Siti wishes to file a civil suit against Ali for a debt due and owed by Ali of RM50,000.00. Mark, a famous influencer, also wishes to file a defamation suit against Ali for a…
1. By Way of Transfer & Transmission • Transmission between Deceased to Executor/Administrator and the transfer between Executor/Administrator to the Beneficiary is deemed no loss or gain. • In this event, no RPGT will be imposed. 2. Transfer of Deceased’s Property in Sub-sales Situation • Transfer of Deceased’s property in sub-sales situation is depending on…
Here the general steps you may need to take when you receive a single divorce petition:- Review the Petition – carefully read the divorce petition to understand the grounds for divorce, requests made by the Petitioner (the person filing for divorce), and any supporting documents attached; Consult a Lawyer – it is highly advisable to…
The choice between mediation and Trial depends on the specific circumstances of the legal dispute and the preferences of the parties involved. Here’s a brief overview of both options:- Mediation Mediation is effectively a supervised negotiation process, especially useful for resolving disputes in a less adversarial manner. One party will put forward their position as…
In the Malaysian real estate market, there are two (2) common types of property transactions, which are stated below:- Developer Sales: Developer Sales are the purchase of properties directly from the Developer. These properties are usually brand new or under construction, whereby the buyers are the first owners. Sub-Sales: Sub-Sales, also called secondary sales. Sub-Sales…
1 I) A claims that B owes him a sum of money. B died last week. What can A do? General rule: section 8(1) of Civil Law Act: all cause of action subsisting against or vest in the deceased shall survive. Exception (Proviso to section 8(1)) : unless in the case of defamation or seduction…
Key takeaway: Ensure proper documentation for all business transactions to avoid potential accusation of wrongdoings, impropriety, or fraud Introduction Running a business inherently involves risks. One of the significant risks arises from neglecting proper documentation. The following real events are instructive. A few years ago, there was a tale of 2 factions of shareholders of…
