DISCHARGE OF CHARGE

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DISCHARGE OF CHARGE by Mind Map: DISCHARGE OF CHARGE

1. 2. Lawyer provides the legal fees billing & the Letter to execute Discharge of Charge to the owner

2. 4. Prepare a Letter of Authorization appointing the lawyer to act on behalf of the client

3. 1. Received Letter of Instruction from the Bank to execute Discharge of the Charge

4. 3. Conduct land search

5. 5. Redeem the Original Title & Form 16A (Charge) from the Bank

6. 6. Prepare Form 16N (Discharge of Charge) once received Original Title from the Bank

7. 7. Stamping Form 16N (Discharge of Charge) to LHDN

8. 8. Registration of Form 16N (Discharge of Charge) together with Form 16A (Charge) and Individual/Strata Title at the Land Office

9. 9. The owner needs to collect the Original Title at the Land Office (The Bank's name on the title has been removed)

10. 10. Lawyer returns the documents to the owner

11. 11. Lawyer send a letter to the Bank to close the file