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1 King Albert Park HDB Questions

Asked by SellerFlat1 25 Nov 2012

Hello. May I ask if a couple wants to sell a house, which both their names are included, how will the money be split after selling? Thanks

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Mike Lim · Answer 1 · 2012-11-26T14:59:22+08:00

Mike Lim

Replied 26 Nov 2012

Afternoon,

The profit split would depend on the holding type for your property. If it's under Joint, you will receive a cheque under both names. But if it's under Tenancy-in-common, indivudal seller will get their cheque via their holding percentage on the unit.

Do feel free to contact me for further discussion.

Regards
Mike Lim
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