9. Additional Claims
 

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:

  1. The cost of printing, plans, copies of documents, lithography traveling and other expenses actually incurred;

     
  2. 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;

     
  3. A fee of RM 200 per hour or RM 1000 per working day of 8 hours for giving evidence before judicial bodies.

     
  4. Additional fees can be charged to the client for additional works done in preparation for negotiations and court attendance.
     

Note :

  1. 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.

     
  2. 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.

 

 
 

 

Home | About us | Contact us | Disclaimer

Copyright © 2005 - 2012  All Rights Reserved