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> Is it a bad idea to have the same lawyer do, the Discharge of Charge?

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TSidoblu
post Mar 11 2019, 10:42 PM, updated 9 months ago

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I am thinking if it’s a bad idea to have the same lawyer that did the S&P, loan agreement and MOT to also do the discharge of charge and to revoke all power of attorney, etc.

or it does really matter which lawyer does it?
Thanks all

This post has been edited by idoblu: Mar 11 2019, 10:45 PM
leodinouknow
post Mar 12 2019, 07:01 AM

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QUOTE(idoblu @ Mar 11 2019, 11:42 PM)
I am thinking if it’s a bad idea to have the same lawyer that did the S&P, loan agreement and MOT to also do the discharge of charge and to revoke all power of attorney, etc.

or it does really matter which lawyer does it?
Thanks all
*
use seller lawyer, of course more benefit to seller la.

well, you can find own lawyer to do it, as long as you willing pay extra while use same lawyer save a lot cost
TSidoblu
post Mar 12 2019, 07:24 AM

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QUOTE(leodinouknow @ Mar 12 2019, 07:01 AM)
use seller lawyer, of course more benefit to seller la.

well, you can find own lawyer to do it, as long as you willing pay extra while use same lawyer save a lot cost
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theres no seller or buyer
i want to fully settle my loan and get a lawyer to discharge the bank's lien on it
e-lite
post Mar 12 2019, 10:38 AM

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You can use any lawyer. In your situation, I prefer to use any lawyer who charges me cheapest price but also is on the bank's panel lawyer.
hanhanhan
post Mar 12 2019, 11:13 AM

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QUOTE(idoblu @ Mar 11 2019, 10:42 PM)
I am thinking if it’s a bad idea to have the same lawyer that did the S&P, loan agreement and MOT to also do the discharge of charge and to revoke all power of attorney, etc.

or it does really matter which lawyer does it?
Thanks all
*
can use any lawyer actually.

For discharge is just a procedural thing.. shouldn't have any concern like "whether the lawyer protect my interest or not".

technically the lawyer is acting for the bank (and not you).
Pac Lease
post Mar 12 2019, 12:08 PM

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when you do discharge, you can appoint any lawyer to help you process.
TSidoblu
post Mar 12 2019, 12:10 PM

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I know I can appoint any lawyers. That’s not the question
The question is, is it a bad idea to get the same lawyer that did my SAP, loan agreement and mot to also do the discharge
forever1979
post Mar 12 2019, 02:34 PM

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i think should be better as the lawyer got all the documents, save time

sometime if your appoint a different lawyer, there could be a minimum charge of transfer out the file to the new lawyer, i think...

any risk you foresee if u use the same lawyer ?
TSidoblu
post Mar 12 2019, 04:40 PM

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QUOTE(forever1979 @ Mar 12 2019, 02:34 PM)
i think should be better as the lawyer got all the documents, save time

sometime if your appoint a different lawyer, there could be a minimum charge of transfer out the file to the new lawyer, i think...

any risk you foresee if u use the same lawyer ?
*
thats what I thought too - save time and maybe cheaper
anyway i got a quote from them - its around RM800 plus
long time ago, i had another one done and it was RM400 plus.

not sure what are the risks and disadvantages hence my question
e-lite
post Mar 13 2019, 09:00 AM

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QUOTE(idoblu @ Mar 12 2019, 04:40 PM)
thats what I thought too - save time and maybe cheaper
anyway i got a quote from them - its around RM800 plus
long time ago, i had another one done and it was RM400 plus.

not sure what are the risks and disadvantages hence my question
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Use the cheaper one. Any lawyer will still need to write in and request documents from bank. No difference using your old lawyer. Depends whose customer service is better. If the 800 customer service is better, tell them to match the price of 400 and then you will give to them
sevendogz
post Mar 13 2019, 09:05 AM

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just wondering if the discharge process includes paying stamp duty? I was quote RM800 for discharge and another few K for stamp duty. I thought only pay stamp duty when buying property, no?
TSidoblu
post Mar 13 2019, 10:16 AM

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QUOTE(e-lite @ Mar 13 2019, 09:00 AM)
Use the cheaper one. Any lawyer will still need to write in and request documents from bank. No difference using your old lawyer. Depends whose customer service is better. If the 800 customer service is better, tell them to match the price of 400 and then you will give to them
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thank you

 

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