Hi,

I settled my loan back in 2009.

Now, i wish to sell my prop but according to the developers record,prop is still under charge.

How do i go about this?

How come the lawyer did not informing me about discharge and are all the original docs with lawyer?

You pay loan to the bank, not through the developer's lawyer. Once you finished paying loan, you should have inform them. Only then they will proceed with what necessary.

Contact the bank where you're charge at. They will have all the necessary documents for discharging the loan.

Noped, i use a lawyer to charge my loan to another property.

I assumed your property is still under master title since you mentioned "developer's record". When you settled your loan back in 2009, did you attended to any Deed of Receipt & Reassignment ("DRR")? If you didn't then of course the developer's record still shows the property is still assigned to your financier.

IF you have in fact perfected the DRR then go back to the solicitor who perfected the DRR and inquire if they have served the notice of reassignment to the Developer.

Whatever it is, sometimes solicitors firm ignore discharge files because the legal fees aren't much.

I am not sure about the ddr thingy,maybe not

Hi all,

Could someone advise me if i engage the same lawyer for loan discharge as during SPA signing, then i will only need to pay 25% of the legal fees vs if i use a new conveyancing lawyer?

Below is what i found in the internet, pls correct if i am wrong ya. thanks :

"For the execution of POT and POC, buyers can engage the same lawyer used during the SPA signing (where the SPA has been prepared but the strata title isn’t ready). In this case, the existing lawyer is allowed to charge the buyer only 25% of their full-scale legal fees, as per the Solicitors Remuneration Order 2017."

Call the Bar Council for clarification.

no.

discharge is not POT / POC