2 Answers

Hi, sellers cannot back out after they have signed the OTP. If they do, the buyers have the right to sue them for a specified compensation.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi,

Once OTP is issued by seller, they are legally bound to sell the flat to you and cannot back out, should you decide to exercise the OTP later. If you are concerned about handling the transactions, I would be glad to assist you with the sale & purchase portion so as to manage your timelines carefully. Thanks and hope to assist with your housing plans further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
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