|
|
The Board of Valuers, Appraisers and Estate Agents
(statutory
regulator of the valuation of immovable property and the valuation
profession)
has prescribed a standard fee structure in the SEVENTH
SCHEDULE (RULE 48).
According to this standard,
In addition to the fees stated in (1) to (8)
claims may be made for:
- The cost of printing, plans, copies of
documents, lithography traveling and other expenses actually incurred;
- A fee of RM 150 per hour or RM 800 per
working day of 8 hours for negotiations, attendance at meetings with
solicitors, consultants or authorities;
- A fee of RM 200 per hour or RM 1000
per working day of 8 hours for giving evidence before judicial bodies.
- Additional fees can be charged to the
client for additional works done in preparation for negotiations and
court attendance.
Note :
- The fees stated in items 9(2) and 9(3)
are chargeable for actual appearance at meetings or before judicial
bodies. In the case of postponements, adjournments, etc, (where less
than 24 hours notice is given) a minimum fee of RM 400 is chargeable
if the meeting or judicial appearance is in the same town/city as the
location of the practice and a minimum fee of RM 800 is chargeable if
the meeting or judicial appearance is outside the location of the
practice.
- The claims and fees stated in item
9(1) to 9(4) with respect to land acquisition valuations shall not be
claimed against the land administrator.
|
|