Financial Glossary

 

 

 

 

 

 

 

 

 

 

Z

Zero Entry/Moving Cost - A loan package where banking institutions financed certain types of fees and charges incurred by borrowers.

Examples of these fees and charges are legal fees, stamp duty or disbursement charges. These costs however, exclude stamp duty and legal fees, pertaining to Transfer of Ownership (Memorandum of Transfer) and maintenance / administration fees imposed by developers (components of the costs vary between banks).
 

 

 

 

 

 

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