C2: Updated HDB Resale Policies Pertaining to Selling (C2L1S0203)

Credit Hours
2 Core Hours

Course Synopsis

CPD Courses Synopsis: This core CPD course examines the updated HDB resale policies relating to the resale of HDB flats in order to facilitate a smooth transaction. We will discuss seller’s eligibility, checklist for sellers and Option to Purchase. We will also cover the whole resale process, from registration to completion, in details. Lastly, we will calculate the cash proceeds from sale of HDB properties and end with a HDB case study discussion.

CPD Course Objectives:
– Verify the Minimum Occupation Period of the seller and the eligibility to sell the flat
– Ascertaining the seller’s Resale Levy (if any)
– Explain the upgrading fees payable by seller
– Explain the procedure for bankruptcy cases, divorce cases and spouse’s consent to sell
– Go through all the items in the Resale Checklists with seller and know the procedure to complete and endorse the Checklist
– Explain to the seller and buyer the procedure for entering into a binding contract using Option To Purchase (OTP) and all components in the OTP
– Advise both sellers and buyers on the requirements and procedure for registration, first appointment and completion
– Calculate the cash proceeds for the seller after selling their existing flat
– Explain to the seller whether the deal is positive or negative sale

Course Details

19/07/2017 7:00 PM
19/07/2017 10:00 PM
C & H Properties Pte Ltd
Training Room at 490 Lorong 6 Toa Payoh
#06-11 HDB Hub
Singapore 310490
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