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Financial Glossary |
 
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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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