Asked by Mr. Ow Yong Hann Ming
My parents have this understanding that their HDB 4 room flat can pass down to us when they pass on. Is this true or shall they sell it off instead?
My brother is already marry and he already have a HDB flat on their own. I am getting marry end of this year and I already purchase a condo. My understanding is that both of us will not be able to inherit the flat from our parent since we already own a flat.
My parent will like to know if the HDB board will take back the flat and not compensate us (sons)? Shall we cash out the flat and move to a smaller flat? Will HDB allow the son to inherit and give them 6mths time frame to offload the flat instead?
My brother is already marry and he already have a HDB flat on their own. I am getting marry end of this year and I already purchase a condo. My understanding is that both of us will not be able to inherit the flat from our parent since we already own a flat.
My parent will like to know if the HDB board will take back the flat and not compensate us (sons)? Shall we cash out the flat and move to a smaller flat? Will HDB allow the son to inherit and give them 6mths time frame to offload the flat instead?
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