Asked by Aina
Can an agent clarify what is COV? Is it paid to seller in cash or cheque?
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1 Answer
Afternoon Aina,
COV is a term used for the premium paid for a unit, on top of the valuation price. It's paid to the owner, indirectly, as you will be paying it to HDB, and HDB will disperse that amount to the owner, after completion of the entire transaction.
FYI
Mike Lim
96929209
ERA Read More
COV is a term used for the premium paid for a unit, on top of the valuation price. It's paid to the owner, indirectly, as you will be paying it to HDB, and HDB will disperse that amount to the owner, after completion of the entire transaction.
FYI
Mike Lim
96929209
ERA Read More