Thankful 🙏 for being able to assist my seller in selling their flat in #bedoknorth, however it is a long process that includes an extension of stay of 3 months after the completion, due to the fact my sellers have to collect their keys 🔑 to their new #BTOflat. Nowadays sales with extension stays may not be relevant, however we managed to complete the handover in time with the 3 months extension stay. While the extension stay is granted by the HDB, it is still a private arrangement between the sellers and buyers who agree to fulfill their obligations at their own cost and expense under the terms and conditions as they previously negotiated👍 If a dispute arises between buyers and sellers, HDB will not mediate. Thus, usually after the completion, is generally handled by #propertyagents to accommodate whatever may have occurred during the extension stay period, especially on fixtures or the agreed items🪑negotiated beforehand as it is condition upon granting option to purchase. In this case, there was a slight confusion since my cobroker did not request beforehand that the town council fee and #property tax for the extension period be prorated to his buyers pior handing over the #flat that led to misunderstanding. We managed to come to a satisfactory solution between ourselves, despite my seller unwilling to prorate. Nevertheless, we shouldn’t take it for granted that the amount will naturally be prorated to buyers, no matter how senior you are. As people always have different perspectives and they believe in what they believe to be true for themselves, which in most cases, may not be true. Therefore, always bring up or stated in separate 🤝 agreement whatever requests before even going into the option to purchase. @mndsingapore @mynicehome #bedokhomes #ronloh #mynicehome #hdbflat #hdbflats #resalehdb #flats #resaleflats #hdbbto #3room #3roomflat #sghomes #homesg #singaporeproperty #singaporehomes (at HDB Hub Toa Payoh) https://www.instagram.com/p/Ce6alw-JHmC/?igshid=NGJjMDIxMWI=
