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 Property Loan Agreement, Wrongly Prepared by Lawyer !

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yewkhuay
post Oct 5 2007, 08:58 AM

I don't even belong here....
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6,657 posts

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QUOTE(SonicWave @ Oct 5 2007, 08:28 AM)
Hi all,

It has been a miserable week for me. Engaged in a zero-entry cost loan. Bank assigned a lawyer firm to prepare the loan agreement. Signed. One week later, was called up and told that the agreement was wrongly prepared and I have signed it ! Need to re-signed a new set of document. Some sort of title charge-discharge issue cauz my property is under construction.

I didn't feel right about it so I insist to get back all the previous agreements that I signed before I signed the new one. They told me that already 'buang' the old agreements and I can't get it back. End up I called up the boss, request for an official letter stating that the agreements dated xxxxx was wrongly prepared by the lawyer firm and now they prepare the new one ?
I still feel uncomfortable with this. I don't hv frens in legal. Any advise, please ?  rclxub.gif

Thanks.

SonicWave
- Ppl buy house i buy house, why i got so many probelms one  shakehead.gif
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have u tried ask in http://www.hba.org.my/main.htm hotline ? or may be consult http://www.malaysianbar.org.my/index.html
yewkhuay
post Oct 5 2007, 09:12 AM

I don't even belong here....
*******
Senior Member
6,657 posts

Joined: Jul 2006
QUOTE(SonicWave @ Oct 5 2007, 09:05 AM)
MX510,

i am taking the zero-entry cost. so the bank will paid the legal fees. if i know this would happen, i rather find the lawyer myself. thought wnat to save the hassle, end up more hassles


Added on October 5, 2007, 9:07 am

yewkhuay,

Thanks for the info. i got the number in HBA but somehow i lost my way in the Malaysian Bar website and couldn't locate the number.
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http://www.malaysianbar.org.my/contacts.html

 

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