AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I own a HDB 4RM Flat with my mum and i am the only sole payer(cpf) for the flat. Im planning to sell to HDB flat off to get a EC with my gf and let my mum stay in. However, my mum refused to sell off the current flat. The flat is out an outstanding loan of 100K from bank. Is there anyway i can sell of my flat or even sell off my share to other? My mum got no saving and no cpf to buy over my share. How can i get back my cpf contribution from this flat? Is there anyway that i can get withdrawn from this flat without my mum agreement?
0 •
596 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Mike Lim
Replied
Morning,

This unit is purchased under both your mum's name and you. Hence without her consent, you are unable to sell it off. As per your statement, your mum do not have the financial ability to purchase over your share, hence you are kinda stuck without much choices. You can only get your siblings, with HDB approval, purchase over your share and be the co-owner of the unit with your mum.

FYI
Mike Lim
 96929209 
ERA Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions