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 Discharge of Charge Query

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TStopearn
post May 7 2018, 03:53 PM, updated 8y ago

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When we take up a housing loan, the bank will charge the property to its name. After u have fully paid up, U need to do a discharge of the charge placed on your property. Can we DIY this discharge of charge ourselves without engaging a lawyer ? If yes, what is the procedure ?
shaniandras2787
post May 7 2018, 07:07 PM

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QUOTE(topearn @ May 7 2018, 03:53 PM)
When we take up a housing loan, the bank will charge the property to its name. After u have fully paid up, U need to do a discharge of the charge placed on your property. Can we DIY this discharge of charge ourselves without engaging a lawyer ? If yes, what is the procedure ?
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Cannot, there is no way that you can attend to the discharge of charge for your Property. The Bank will "force" you to appoint a panel solicitor firm of their own to do this.

It should costs you around RM900.00.

 

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