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 Lawyer's Corner v2, One-stop centre for any legal queries

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richiekueh
post Nov 16 2012, 12:09 PM

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Hi Dario,

can i know how long lawyer will instruct bank once i sign the security document from lawyer? Due to facing long holiday on this week the lawyer site was closed so they will only prepare the document on next week. i had receive letter from bank the due date is end of this month,so do i have to write a letter for my bank to postpone due to lawyer have delay it? i just worry lawyer site will instruct the bank late.
richiekueh
post Nov 17 2012, 12:17 PM

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QUOTE(dariofoo @ Nov 16 2012, 12:29 PM)
What letter from bank are you referring to?
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is refer to instruction to my solicitor to prepare the security documentation for banking facilities
richiekueh
post Nov 28 2012, 06:53 PM

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QUOTE(dariofoo @ Nov 21 2012, 04:40 PM)
Ok. I thought you meant a letter informing you to pay your first instalment. That is a letter of instruction and the deadline is not really strict but serves more of a guideline. Even if it is missed, it does not affect the LO.
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Thank you so much dario:)

1 more question, is that all loan agreement fees are standard calculation? can i know how to calculate it?

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