Hi all, need some advice on the payment of a resale condo (not able to find full information online):
1. I paid 2 x Stamp Duty, why is it so? 1 is Buyer's Stamp Duty (BSD) which is based on 3% minus $5400 and the other is Stamp Duty of a flat rate $500.
2. The previous owner rented out the unit, thus is it under Residential which incurred a 10% property tax and now she is asking to pay based on 10% for the period I am taking over. But I will be staying in the unit which only incurred a 4% and the amount I need to return her is double what i should be paying (is like I am paying for the whole annual based on 4%). Can i argue that on that to pay I am rightful to pay?
3. The agent made some promises such as Tenant will repair defects and owner will clean up the unit before handing over through sms, it is legal efficacy? As now the owner is not going to do any of those, except for the paintwork which was stated in the OTP (I wanted to indicate more clause but the agent refused to write.. which I now know why).
4. Why I need to get a cashier's order to pay the previous owner on the maintenance fee + property tax as personal cheque is not accepted for completion of purchase (As i need to go to bank to get the cheque and pass to the law firm, super troublesome)
abit lengthy, but kinda lost here... thanks in advance.