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Memorandum of transfer - Memorandum of Transfer Definition



Purchasing a property, especially for , can be overwhelming with all the paperwork involved.





For example, You bought a property from a developer during under-construction.



The MOT is the document that legally confirms the transfer of ownership of the property you now get to call yours.





Wife to Husband : 100% c.





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In most cases, the MOT is prepared alongside the Sales and Purchase Agreement SPA and relevant loan documents when a bank loan is taken out to purchase a property.









What does a Memorandum of Transfer include? Memorandum of Transfer Fee Memorandum of Transfer fee depends on the type of transaction you are required to do.


Description: Availability control Description of measures to protect personal data against accidental destruction or loss.

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Property Transfer Stamp Duty The cost of a memorandum of transfer or property transfer is consists of the professional legal fee, stamp duty, disbursement fees, and sale and service tax.
Entry control Description of measures to ensure consistent tracking if personal data has been entered, amended or removed from data processing systems and by Information transmitted through systems are logged, tracked, and cross-referenced with account of Data Exporter.
Entry control Description of measures to ensure consistent tracking if personal data has been entered, amended or removed from data processing systems and by Information transmitted through systems are logged, tracked, and cross-referenced with account of Data Exporter.

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