Here are some things you can consider if your brother T inherited a fully paid-off HDB flat from your parents and you currently reside in the same flat:
Discuss Ownership Rights: Firstly, have a clear conversation with your brother T about the ownership rights of the flat. Does he intend to share ownership with you, or does he plan to own it solely?
Options Depending on Ownership:
Shared Ownership: If you agree to share ownership, you'll need to formalize the arrangement** through a lawyer specializing in property law. This might involve purchasing a share** of the flat from your brother.
Sole Ownership (Brother T): If your brother retains sole ownership, you'll need to discuss your living situation:
Rent: You could pay rent** to your brother to contribute to the household expenses.
Informal Agreement: You might have an informal agreement** to continue living there for free or at a reduced cost.
Move Out: If no agreement is reached, you might need to consider finding alternative accommodation**.
Additional Considerations:
Occupancy Rights: Even if you're not a co-owner, you might have occupancy rights** if you've been living there for a significant period. Consult a lawyer** to understand your specific rights.
Future Plans: Discuss your long-term plans** with your brother. Do you intend to stay in the flat for a long time, or are you considering buying your own place eventually? Open communication is key.
Recommendation:
Open Communication: The most important step is to have an open and honest conversation** with your brother to understand his intentions and explore options that work for both of you.
Legal Advice: Consider seeking legal advice** from a property lawyer specializing in HDB inheritance to understand your rights and obligations better.
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