Asked by Anonymous
Before the seller issued me the OTP for a resale HDB unit, the seller told me he does not need any extension so I accepted the house with a relatively higher price. But after I paid him the $1000 option fee, he wanted to delay the date of completion.
The OTP mentioned the submission of resale application needs to be within 30 days upon the buyer accepts the OTP. And according to the HDB website, once I have exercised the OTP we can submit the resale application together. But the seller refused to submit the resale application after I have exercised OTP, he said the extension means extension after completion, not before completion. He then said the completion date can be the 2nd week of Apr, but now he want to make the completion day on the fourth week of Apr.
The extension only refer to the extension after completion? this term cannot be used before the completion date?
The OTP mentioned the submission of resale application needs to be within 30 days upon the buyer accepts the OTP. And according to the HDB website, once I have exercised the OTP we can submit the resale application together. But the seller refused to submit the resale application after I have exercised OTP, he said the extension means extension after completion, not before completion. He then said the completion date can be the 2nd week of Apr, but now he want to make the completion day on the fourth week of Apr.
The extension only refer to the extension after completion? this term cannot be used before the completion date?
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