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Good evening,

If you had purchased the unit prior marriage, you can draft a WILL indicating the split of share on the unit, in the event that it is sold. But if you were to purchase the unit after marriage, you can choose to add in your parent's name as the co-owner under tenancy-in-common.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

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Hi,

When you buying, do not let your parents transfer the money to you instead when paying use your parent's account to do the cheque or cashier order as a proof that the source of fund is from my parents. Other dispute will be easy to settle.

Regards
Wilson Leong
 96305577 
wilsonleong61@gmail.com Read More

Hi,

Under ownership of property had already address on this angle.

(1) Tenancy-in-common is a type of ownership, where each owner holds the property in terms of share.
Let say, you and your spouse are going to share 50-50 for the mortgage, and your parent sponsor the 50% of the property and wish you holding to it.
You may use TIC as the method of holding and take up 75%, your spouse will take the remaining 25%.

(2) Inserting your parent name is another good idea, but beware they properly will incurred ABSD if this is their 2nd property.

(3) Last but not least, you may also write a Will for additional protection.
Don't think pre-nuptial agreements is helping here. But you may check with your lawyer on the effectiveness when drafting the will.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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