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Dear Guru,

My dad wish to include my name into his flat (doesnt not own any HDB flat currenty) fom transfer ownership, when my name included in his flat, do both of us need to fulfill MOP?

thanks
Nick
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2 Answers

Afternoon Nick,

The MOP requirement will be restarted after the transfer of ownership have being completed. It would be good for both of you to consider this action as it may affect you should you opt to purchase residential unit in the future.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Afternoon Nick,

Yes, the MOP of 5 years applied after the transfer of ownership take place.

Should you have any queries, feel free to contact me at my mobile no. I would gladly be of a service to you.
Good day ahead!

Shawn Yim
R049796J
Propnex Realty Pte Ltd
 9695 4627 
sean_5832@yahoo.com Read More
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