Buyer's bank paid your bank.
Bank to release title to the lawyer firm.
Balance will release to firm after title changed in Jabatan Tanah.
So this one maybe need another 2 to 4 weeks time, if Jabatan Tanah no delay.

Above is standard case. Not include court order (if necessary), if you taking LPPSA maybe will slightly delay on the title holder department with credir department.

This post has been edited by tsg_7: Mar 13 2021, 02:33 PM

Example

1) property sold: RM500,000
2) your balance loan amount: RM350,000
3) buyer's bank to pay total amount RM350,000
4) your bank release title to lawyer firm
5) title changed in Jabatan Tanah
6) buyer's bank to release the balance to lawyer firm
7) after deduct necessary expenses, lawyer firm issue u a cheque.

Mind to ask where is your property sold n how much?
Just wanna do market survey.

By the way, to answer your question.
Your bank won't release title if there is still loan for this property.
Bank will always at the safe side.

And also, if it can't be registered, how come you able to purchase this property with title at the first place? So buyer's bank won't be worried too much about this.

Oh.. This one no much issue la... Lawyer go settle. Charged under buyer if not mistaken.

I see... Untung lar...

Hahaha... Good for u...
Is ur master title is Freehold or lease hold?
If leasehold is about this time frame.

Then probably the master title to change to strata title takes time? U can actually check out with the buyer's lawyer la.

Oh.. Basically is their panel la... Anyway, still can contact one..no problem about that.