Hi Matty,
1) As an administrator of inherited property. You are supposed to distribute the property according to will or according to the intestate act if there is no will.
2) If you wish to give up the right to accept the share of the property you may distribute them accordingly.
3) Your siblings (22 & 21 yrs old) + your mom are eligible to hold on to the flat under the Non-Citizen Family scheme. While your younger sibling (18 yrs) can inherit the ownership once reach legal age.
4) Your mom can only be an essential occupier but not the owner because she must be at least an SPR in order to be eligible to be an owner.
5) Even the above is not your intention you should engage a lawyer to do the transfer of administrator status or distribute the shares accordingly.
6) I wish to highlight that you will have a problem once you accept the ownership because you won't be able to get rid of your share by the time buying another HDB flat.
7) None of your siblings are in the right capacity to pay for your share and you will be stuck from not being eligible to buy your own flat.
Hope the above answer your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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