Please Tick Accordingly: Compulsory

SOLICITOR CHECKLIST FOR ADVICE TO RELEASE

Bank's Reference Number -

PLEASE TICK ACCORDINGLY: COMPULSORY

Finance Purchase from Developer Sub-Sale / Refinancing / Auction Others:

1st Release - Redemption Sum Payable to -

1st Release -

Final Release / Balance Sum - RM

Legal Fees Enclosed (To be submitted in Solicitor's Letter Head duly signed and addressed to the Bank with Borrower's Name, Property Details)

Developer's HDA Account Number -

Expiry Date for S&P/Redemption/Auction is

We refer to the above and confirm the following –

• Consent to release by way of caveat
• Satisfaction on work done by contractor
• Authorize to release to 3rd party
• Release loan without MRTA Coverage

Solicitor’s Remarks (for those presented items) -

2.1. Enclosed a copy of Title / Master Title search

2.2.Status: Leasehold Freehold

2.3. Registered Owner Name: Chargee Name:

2.4.Land Use: Land Conditions:

2.5.Land Free From Encumbrances: Yes No

2.6.Restriction in Interest: Yes No

2.7.Caveat entered by 3rd Party: Yes No

Type of Caveat: Private Caveat Registrar Caveat Lien-Holder's Caveat

The caveat entered by: (Please specify the name of caveator):

Other Remarks (Solicitor to highlight the necessary):

2.8.Any Conversion of Land Use: Yes No

2.9.Certified True Copy applications for Variation of Title Condition (AVTC) for housing projects developed on Agricultural land

(Applicable for Sarawak only): Yes No

2.10.Solicitor's confirmation that Section 47/48 on the land does not jeopardize Bank's interest

(Applicable for Sarawak only): Yes No

• Sub Sale – to obtain undertaking from the Vendor / Vendor’s Solicitors / SPA solicitors to serve Notice of Assignment in respect of Deed Of Receipt & Reassignment (DRR) within 14 days after stamping
• Obtain letter of undertaking from Purchaser’s solicitors to serve Notice of Assignment in respect of the Deed Of Assignment (DOA)(by way of transfer) within 14 days after stamping (notice must indicate enclosure of a copy of the duly stamped SPA)

We hereby certify that the documents have been duly executed by the Borrower/s and the documents prepared by us have complied with all Banks’ requirement and that the interest of the Bank is fully protected.

We as the solicitors responsible for the preparation of the said legal documentation shall be liable to you, should you as the financier suffer any loss or damage by reason of the security documents being incomplete or not being registered/perfected or by reasons attributable to our, our employees’ and/or agents’ acts of negligence, error, mistake, omission and/or fraud, and / or by reason of the aforesaid legal documentation not being in order or is incomplete.

Based on the above we are of the opinion that it is in order and that you may allow the disbursement of the Facility/release the redemption sum in manner as follow –

Thank you

Kindly acknowledge receipt by signing and returning the duplicate copy of this letter.

Yours faithfully, for and on behalf of

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