Asked by P Z
Hi, I have owned a private property with outstanding loan. My friend wants to list me as co-owner of another private property she is purchasing and I don't need to serve the loan. The whole purpose is just to put my name there as there is nothing to do with my previous loan. However I was told that if she wants to share the property with me, she needs to pay 50% downpayment. Is it part of new cooling rule? Can someone explain to me that it is legal and valid?
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