Hi, I've 2 questions. 1) If OTP is signed with the clause written Val+ 5K since valuation is not obtained yet, is OTP valid Meaning the date on valuation report does it have any impact to OTP signed date Or is it Valid write the OTP this way 2) If OTP signed, and if the buyer wants to exercise can the seller have any option to turn it down | PropertyGuru

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Hi, I've 2 questions. 1) If OTP is signed with the clause written Val+ 5K since valuation is not obtained yet, is OTP valid? Meaning the date on valuation report does it have any impact to OTP signed date? Or is it Valid write the OTP this way? 2) If OTP signed, and if the buyer wants to exercise can the seller have any option to turn it down?

Posted by Lim on Feb 27, 2010 in HDB Questions | 697 Views

Latest Answers by Real Estate Professionals (1 Answers)

Joseph Ong Chee Chuan

Contact Agent orangearrow

Answer Posted on Feb 28, 2010

Hi,
This is a very tricky question and it can be advantage and disadvantage when the valuation is out and do you know at what price are you buying??
Need any assistant just drop me an email at joe2ong@yahoo.com.sg

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