Planning to buy an HDB flat soon? Are you planning to finance the purchase while the flat is registered under your parents’ names? Hold your horses. You might want to reconsider your options and get legal advice on this. This is because HDB will only recognise your parents as the owners. Even if a trust...
The post How the HDB prohibition on trusts doesn’t apply for a case of siblings fighting over a shophouse appeared first on 99.co.
In May 2022, there was an appeal over a civil lawsuit among family members regarding the sale proceeds of a Pacific Mansion Apartment. The dispute stemmed from who were the rightful beneficiaries of the sale based on who contributed to the purchase and loan repayments, including (or excluding) who paid for its stamp duty. Here’s...
The post Family dispute concerning Pacific Mansion en bloc apartment sale excludes stamp duty from beneficiary’s share appeared first on 99.co.