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Me & my sibling had inherited a hdb from our dad but currently we are in a conflict (due to different char) & still within the 5 years new owner stay requirement.

Can one party move out / rent the room out if the 1st owner is still staying? is there any option to sell the ownership (tenancy in common) back to the 1st sibling and exit the property so that i can purchase a BTO instead? Any waiting period/penalty need to fulfil if the above is done.
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