Guide on selling an inherited HDB flat

Guide on selling an inherited HDB flat

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Selling an inherited HDB flat

Through my years of experience in selling HDB flats, I had the opportunity to handle the sale of HDB flats due to the demise of the sole owner, I decided to create this infographic guide on selling an inherited HDB flat under sole ownership, hoping it can be beneficial to someone.

Infographic guide on selling an inherited HDB flat

Infographic guide on selling an inherited HDB flat

FREQUENTLY ASKED QUESTIONS

How to lodge a Notice of Death with Singapore Land Authority (SLA)?

You can lodge a Notice of Death on your own with the Singapore Land Authority (SLA) or engage a private lawyer to lodge the Notice of Death on your behalf. For an HDB flat, you can visit the HDB branch managing the deceased's flat and engage HDB's legal services to help you lodge a Notice of Death on your behalf upon the demise of the sole owner.

After the death of the sole owner, within how long does the executor(s) or administrator(s) need to sell the deceased's HDB flat?

Under the Housing and Development Act, the executor(s) or administrator(s) is required to dispose of the deceased's flat (if there is no one eligible to take over the flat) within 12 months from the completion date of transmission.

Under what circumstances the deceased's flat may vest in the HDB?

Under the Housing and Development Act, the deceased's HDB flat may vest in the HDB if:
(a) Letters of Administration or Grant of Probate is not taken out within 12 months from the death of the sole lessee or tenant-in-common.

(b) The personal representatives do not apply for a transmission or transfer of the flat within 6 months from the date of representation.

(c) The executor(s) or administrator(s) do not apply for transfer of the flat to the eligible beneficiaries or disposal of the flat (if there is no one eligible to take over the flat) within 12 months from the completion date of transmission.

Conclusion

Selling an inherited HDB (Housing & Development Board) flat involves several steps. Seek professional advice to avoid unnecessary costs and wasted time. I hope I can be of assistance to you. Schedule a non-obligation discussion now!