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I stay HDB over 5yrs now. A private property house is willed to my sister and I. While keeping my HDB: 1)Is the willed house considered a 2nd property for me and do I need to pay: - Any stamp fee plus legal fee? 2)If I remove my name from the house and my sister becomes the sole owner. - Any stamp fee plus legal fee for me or her? Thank you!
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Dear sir/madam, For Stamp duty matters, you may refer to IRAS the authorising body administering all tax and stamp duty matters. http://iras.gov.sg/irasHome/page01.aspx?id=724 Both scenarios on inheriting the property and giving the property to your sister are being covered in the details. As for legal fees, it will be best if you check with the lawyers. Very likely, legal fees will be involved in the latter case. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event. If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location on the River Thames in central London. Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects? We have MORE opportunities for you. From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment. Call us to find out MORE! Read More
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