Good evening,
such scenario is rare but it can happen if buyers are okay with.
Usually exercise fee is payable to seller's law firm's conveyancing account.
If there are special circumstances that caused the deal to void and null, seller's law firm is able to return the 4% to buyer.
If 4% is paid directly to seller and if deal voids, buyer might not be able to claim 4% back.
Hope my sharing aids in clearing your doubts.
May I know how can I value add further in your property needs?
"Your Freehold Ally, Leasehold Tactician"
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
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