Asked by Anonymous
Hi, my wife and I are SPR and we own a private property that we jointly purchased on Mar 2013. Currently both of us are applying for SC. My question is if we become SC and decided to do decoupling of the property i.e. sell my portion to my wife, does she need to pay for the ABSD? If we decide to sell on after Mar 2017 assuming there will be no Seller stamp duty? What other charges that apply for decoupling process? And how would it affect the mortgage with the bank? Thanks!
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