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What is real property gains tax?

REAL property gains tax (RPGT) is a tax charged on gains arising from the disposal or sale of real property or shares in a real property company (RPC).

Malaysian-Brit couple on why they gave up London for a French village

Richard and Chitra Pullen enjoyed successful careers and lived in a beautiful part of London. It was a great lifestyle but it was frenetic and they felt that they were too busy to maintain a good work-life balance.

Unconscionable for banks to seek refuge behind exclusion clauses

In April 2008, a British couple living in the United Kingdom obtained a loan facility of RM715,487 to finance the purchase of their property in Malaysia. It was a term of the loan facility that the bank would make progressive payments to the developer against certificates of completion issued by the architect at each progress billing.

Right to legal representation in a conveyancing transaction

IDEALLY, each party to a conveyancing transaction should be represented by a solicitor and a solicitor should not represent more than one party in a conveyancing transaction.

Advertisement by housing developer on free legal fees

THE purpose of this article is to provide some pointers and guidelines to a purchaser who wishes to appoint his own solicitor when buying a housing accommodation from a housing developer.

Bar: Small law firms can come together under GLP

JOHOR BARU: Lawyers from small firms such as sole proprietorship and small partnerships can now band together and operate under one roof as part of reforms by the Bar Council to help lawyers increase competitiveness and reduce operating costs.

Thy will be done

This is the second in the series of monthly articles contributed by the Malaysian Bar Council on simple matters affecting the lives of people. It kicked off diving into ways to obtain “Letters of Administration” when a person dies and leaves an estate without a will and continues this month with the subject on “Living Wills”.

Poor state of affairs in affluent area

IT MAY be an upmarket area but the commercial centre of Desa Sri Hartamas is in a filthy state.

How to obtain letters of administration via small estate mode

UPON the death of a person, a member of his family or a person interested in his estate must take charge to administer and distribute his estate.

Lawyers and their social circles

BACK when those who wanted to study law had few institutions of higher learning to choose from, there was more camaraderie among lawyers. However, a law graduate today comes from any of a growing list of local and foreign schools, and there is rarely a strong bond between lawyers who have studied in different universities.