Asked by Olivia Poon
Hi, I have recently submitted my resale application, and the seller's agent told me that the buyer might need the extensions. Before the application submission, the agent told me that we would settle it privately and the seller would pay me rent or deduct from the remaining outstanding balance; hence, we did not file for an extension on the HDB portal. On the same night, I did some reading, and I messaged the agent the next day asking about the actual arrangement because it is illegal for me to rent out the whole unit. Should the seller intend to stay for another 2 months, I can only rent out the rooms, which is also illegal because the minimum lease is 6 months. The agent then became unfriendly and told me that I should let them stay out of goodwill (buyer waited for me to exercise OTP in July) at no cost, which I told him that was not possible because I need to pay the installment and rent concurrently. My concern is if the seller delayed endorsing the resale documents, which could potentially result in the application being voided. What can I do? Thanks
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