3,2.1 Preparation of legal documentation
3,2.2 Fire insurance for the first year of purchase only
3,2.3 Mortgage Reducing Term Assurance (“MRTA”)
3,2.4 Valuation reports
3,2.5 Stamp duty for Memorandum of Charge

4.4 For the avoidance of doubt, any unused portion of the subsidy amount after payment of the above fees will not be released to the successful applicants. If the approved loan is partially or fully settled before its maturity date, the Bank reserves the right to recover the whole subsidy granted under this Promotion. Any unused financing for associated costs will be credited into the customer’s account with the Bank.

4.5 By participating in this Promotion, the successful applicant authorises the Bank to appoint Pengiran Izad and lee Advocates & Solicitors to prepare the necessary legal documentation on their behalf.

4.6 Upon approval of the Home Ownership Loan or Property Investment Loan application and signing of the Facility Offer Letter (“FOL”) by the successful applicant, the loan amount will be disbursed to the successful applicant's Bank account within 21 working days from the signing date of the FOL.

4.7 If the successful applicant cancels their application after approval and/or before disbursement, they will be liable for all fees and costs associated with loan processing and must repay any subsidy received to the Bank upon demand. The Bank may debit this amount from their account without notice.

5. General

5.1 This Promotion is governed by the Bank’s terms and conditions on the related products and any other documents forming the banking agreement.

5.2 The Bank may, at any time and without prior notice or liability to any party, suspend or terminate this Promotion or vary the Terms.

5.3 The Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with this Promotion. Its determination of all matters relating to this Promotion shall be final and conclusive, and no correspondence will be entertained.

5.4 This Promotion is not valid with other offers, privileges or promotions unless stated otherwise.

5.5 By participating in this Promotion, Eligible Applicants consent to the collection, use and disclosure of the Eligible Applicant’s personal data by/to the organisers, promoters or conductors of this Promotion and such other third parties for the purpose of this Promotion in accordance with the Group Privacy Policy. Eligible Applicants confirm that they have read and agree to the terms of the Group Privacy Policy, as may be amended, supplemented and/or substituted by the Bank from time to time, a copy of which can be found on www.baiduri.com.

5.6 In the event of any discrepancy between the Terms and any promotional materials relating to this Promotion, the Terms shall prevail.

5.7 The Terms shall be governed by and construed in accordance with the laws of Brunei Darussalam.