Check Land Use Category and Actual Conditions

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Not a few people get caught up in real estate investments. Some even go bankrupt. 4) Tips for Choosing a Lawyer When you want to choose a lawyer to buy a house, choose a lawyer who has experience and focuses on real estate (Conveyancing). This is because different lawyers have different skills. If you choose a lawyer who is not familiar with the buying and selling process, the case may be delayed.


Also read: Tips for Appointing a Real Estate Lawyer to Buy and Sell a bulgaria whatsapp number database House 5) If you are buying your first home, check the land use category in the grant. This is to make sure you qualify for stamp duty exemption if you buy a home for less than RM500,000. Some properties, like most serviced apartments, SOHO and SOVO, are developed on commercial land.


For properties like this, you may not only not be eligible for stamp duty exemption, but may also have to pay higher tax rates and utility rates. It's not wrong to buy a property like this. But I'm reminding you so that there are no surprises when you get a bill from the lawyer later. 6) Freehold vs Leasehold Some home buyers may have a dilemma.