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Hi , I intend to buy a resale condo , while the unit will be sold with tenants (TA until 31st DEC 2023). My agent inform me that I will not be getting the monthly rental from the tenants when the sale of the property complete (ownership transferred).

Is it possible?

Thanks
Chen wei Teng
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7 Answers

Dear Buyer,
Upon completion (whichever the month), the tenants should pay the rental to you. Also, the deposit for the tenants held by the current owner, should be given to you as well as you need to return it to the tenants.

From your explanation, I think there is a grey area here and you should consult your lawyers with regards to this. Something does not sound right!
Cheers,
Elan Govan Read More
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Unless it is part of the terms and conditions of sale, otherwise, it cannot be this case.

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Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, it would depends on the completion date which your lawyer would advice accordingly, and also the security deposit of the tenant should be given to you too.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi Chen Wei Teng

If the property selling with tenancy typically TA is transfer to the new owner upon completion of the sale and typically new owner will receive the rental after completion of the Sale
However, as I am not sure what is your discussion (term and condition of the Sale) and what is the clauses in the TA so I can not advise you further
Have you checked with your lawyer on this?

I will be glad to assist, no agent fee from private property buyer
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I won't be able to contact you first from PropertyGuru
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Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
1
Hi, appreciate your sharing. Yes you can only collect rental till legal completion
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More
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Tan Pei Cheng (Pei)
Hi Chen,
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More
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Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

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Landon Chew
97 39 60 40
landonchew@email.com Read More
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