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Purchase of
Land

The following conditions shall apply to loans in respect of Purchase of Land

  1. Letter of intention to sell by the Vendor and /or Agent.

  2. Submission of Deed of Title.

  3. Security - First Legal Demand over Land.

  4. Payment of legal fees and all other charges could be included in the loan application based on member’s ability to repay.

  5. Any other relevant information /documentation as required by the Credit Committee e.g., Land and Building Taxes, W.A.S.A.