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Hi. My friend and I shared a condo. Hence, each of us holds a 50% share of this ownership of the condo. Currently, we had conflicted and fall out. At first, we had decided to sell the condo and share profits. Now, she suddenly do not want to sell. What can I do? What legal actions can I do?
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3 Answers

Mike Lim
Replied
Evening,

If you are on tenancy-in-common, you can opt to sell your share to another buyer, or maybe even to your co-owner. However, do note on the date of purchase as you might be liable for seller stamp duty.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Ivan Ng
Replied
Hi,

In this case, you can opt to sell your share of ownership to her or to someone she's close to. That said, relevant stamp duties apply for both seller and buyer, and market value of share will be taken into account when computing. Thanks and hope it clarifies.

Warm regards,
Ivan ERA
 97432395 
Ivanng10@gmail.com
Www.ivanng10.com Read More
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Aaron Chong
Replied
Hi, one of the way is to sell your share to her but I think it is very unlikely in this case.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More
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