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I am wondering how does part share works? Currently, I have a 4rm hdb flat and my sister wanted to take over with her husband. Ive utilized about 80k for the house and she had utilized $20K for the house but I am not sure about her husband.How does part share works in this case? Pls advice. Will there be cash profit at the end of the day?
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1 Answer

Mike Lim
Replied
Morning Spring,

Let me get the picture right. You are currently the owner of the HDB unit, with your sister as the co-owner. You want to sell your share to your brother-in-law? Am I right?

Transfer of property is only applicable to blood related relative and NOK. Hence I'm not sure if brother-in-law is applicable. You might want to check with HDB before you proceed.

Regards
Mike Lim
 96929209 
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