{"id":961,"date":"2021-10-22T04:19:00","date_gmt":"2021-10-22T04:19:00","guid":{"rendered":"https:\/\/campbellconveyancing.com\/?page_id=961"},"modified":"2021-10-26T05:50:45","modified_gmt":"2021-10-26T05:50:45","slug":"whatisda","status":"publish","type":"page","link":"https:\/\/campbellconveyancing.com\/index.php\/whatisda\/","title":{"rendered":"What is Discharge Authority"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;http:\/\/campbellconveyancing.com\/wp-content\/uploads\/2021\/10\/Untitled-design-1.png&#8221; parallax=&#8221;on&#8221; parallax_method=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.4.9&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;37px||54px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Oswald|700|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#ffffff&#8221; header_2_font_size=&#8221;50px&#8221; background_enable_color=&#8221;off&#8221; text_orientation=&#8221;center&#8221; width=&#8221;50%&#8221; width_tablet=&#8221;87%&#8221; width_phone=&#8221;87%&#8221; width_last_edited=&#8221;on|phone&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;8px|||||&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; hover_enabled=&#8221;0&#8243; header_2_text_shadow_style=&#8221;preset2&#8243; header_2_text_shadow_blur_strength=&#8221;0.46em&#8221; header_2_text_shadow_color=&#8221;rgba(0,0,0,0.74)&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2 style=\"text-align: center;\"><span>WHAT IS DISCHARGE AUTHORITY?<\/span><\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||8px|||&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;16px&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||14px|||&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p class=\"_04xlpA direction-ltr align-start para-style-body\" style=\"text-align: left;\"><span class=\"JsGRdQ\">A Discharge Authority is a form that is required to be completed to discharge any mortgage registered over the Certificate of Title.<\/span><span class=\"JsGRdQ white-space-prewrap\"> <\/span><\/p>\n<p class=\"_04xlpA direction-ltr align-start para-style-body\" style=\"text-align: left;\"><span class=\"JsGRdQ\">Most banks require a minimum of 10 business days to complete the process.<\/span><\/p>\n<p class=\"_04xlpA direction-ltr align-start para-style-body\" style=\"text-align: left;\"><span class=\"JsGRdQ\"><\/span><\/p>\n<p class=\"_04xlpA direction-ltr align-start para-style-body\" style=\"text-align: left;\"><span class=\"JsGRdQ\">The discharge of mortgage is then received from your bank at settlement in exchange for the mortgage being paid out.<\/span><\/p>\n<p class=\"_04xlpA direction-ltr align-start para-style-body\" style=\"text-align: left;\"><span class=\"JsGRdQ\">The discharge of mortgage and registration fee is then handed over at settlement to the purchaser\u2019s conveyancer to be registered with the Transfer and Certificate of Title at the Land Title Office.<\/span><\/p>\n<p class=\"_04xlpA direction-ltr align-start para-style-body\" style=\"text-align: left;\"><span class=\"JsGRdQ\"><\/span><\/p>\n<p class=\"_04xlpA direction-ltr align-start para-style-body\" style=\"text-align: left;\"><span class=\"JsGRdQ\">Note: Please note banks have long delays at the moment and I advise completing your discharge authority as soon as you put your property on the market.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; 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_builder_version=&#8221;4.4.9&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Oswald|700|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#ffffff&#8221; header_2_font_size=&#8221;50px&#8221; background_enable_color=&#8221;off&#8221; text_orientation=&#8221;center&#8221; width=&#8221;50%&#8221; width_tablet=&#8221;87%&#8221; width_phone=&#8221;87%&#8221; width_last_edited=&#8221;on|phone&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;8px|||||&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; hover_enabled=&#8221;0&#8243; header_2_text_shadow_style=&#8221;preset2&#8243; header_2_text_shadow_blur_strength=&#8221;0.46em&#8221; header_2_text_shadow_color=&#8221;rgba(0,0,0,0.74)&#8221; 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