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My husband and I co-owned a condo flat. I want to know how my husband transfers his share to me. Second, after my husband transfers his share to me and he buy another condo flat, does he still need to pay ABSD? Thanks!
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2 Answers

Mike Lim
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Afternoon Dr. Yi Li, In order for your husband to transfer his shares of the unit to you, you will be likely to get it done through lawyer, along with another bank loan, so as to cover his share of the unit plus CPF which he have utilized. Once the transfer have being done, you will be eligible to purchase the next condo. 5% ABSD is applicable if he is PR. Do feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More
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Wilson Leong
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he do not need to pay any ABSD. he is considered 'Homeless'. Let me know what you all intend to do. Our saving plan will be able to save you a lot of money Read More
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