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Dear Mr Muhammad, Good day to you. OTP is Option to Purchase form that is a legal HDB Document sign mutually by seller and buyer with an agreed price. Option fee is the deposit to place for an offer to your desired offer property once the deal is firm up with both the seller and buyer. If you do need further assistance in your purchase transaction for the property, please do not hesitate to contact me. Many thanks Warmest regards Agnes Tan 9029 4911  Read More

Dear sir, An Option To Purchase is a legal contract between a seller and buyer which contains the agreed purchase price, particulars of sellers and buyers and etc. Option fees is the amount payable as deposit to the seller which is an amount not more than $5,000. Do you need further advise by my team of consultants? Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565 Email:  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

Afternoon, OTP is named: Option to Purchase, which is the legal document used to facilitate the purchase and sale of property. Option Fee is payable to seller so that you can secure the OTP and to facilitate your documentation for loan. The exercise fee is payable when you have managed to obtain the Letter of Offer and decided that you want to firm the purchase. Once the OTP have being completed, neither buyer nor seller have the right to revoke the contract, single sided. FYI Mike Lim 96929209  m52i@yahoo.com ERA Read More