Good evening,
what you have in mind is what we called as part share or decoupling.
This will have to be done by 2 separate law firms. Each representing staying and outgoing party.
Staying party will usually need to repay whatever CPF OA funds the outgoing party has used and has the financial capability to take over the loan solely.
By the way, do check whether will you be hit by SSD or loan lock in period.
Hope my sharing aids in clearing your doubts.
If you need any assistance, feel free to contact me. Cheers!
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