This guide explains the essential steps in a typical Malaysian sub-sale conveyancing transaction for first-time home buyers, from planning your budget to understanding key legal documents. It highlights common costs beyond the purchase price-such as legal fees, stamp duty, valuation and loan-related expenses-so buyers can avoid cashflow surprises. The article also clarifies how earnest deposits and the standard 10% deposit structure usually work, including questions buyers should ask before paying any money.
After a death, families often face questions about what happens to the deceased’s property, bank accounts and other assets. The process depends on the existence of a valid Will, the types of assets involved and whether beneficiaries can agree. Where there is a Will, the Court may issue a Grant of Probate to confirm the executor’s authority; where there is no Will, an application for Letters of Administration may be required. Property transfers usually cannot be done informally, especially where there are mortgages, joint ownership or other registered interests. Families should gather key documents (death certificate, original Will, title and bank records, insurance and liability documents) and seek legal advice early.