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Temporary extension of stay by seller: If I am buying a resale HDB and if I had agreed to allow seller for the extension stay during our discussion on resale price, after submission for resale application, can I still request them to pay me some form of compensation for the extension period even though we did not mention during our discussion initially?
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3 Answers

Evening,

Do note that the agreed transaction price have being based on what have being discussed before signing the OTP. With the additional terms that have being introduced, the seller may reserve the rights to reject your intend.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi Mr Hopeful Buyer,

I believe the negotiated price has already taken into account the extension of stay by the owner, and in most cases all the terms and conditions should have been brought up at the negotiation stage.
So I see limited possibility of the sellers agreeing to some form of compensation for the extension, after both of you have already submitted the resale application.
I believe if you are the seller, you will not want your buyer to make such requests as this point of time as well.

Thanks and Regards,
Sim Lenghua Read More
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GAN ENG JOO ONASSIS
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Sellers have the rights to reject your future claim since OTP already signed and payment received.

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