I co-own a flat with my 2 parents since many years
ago.
Few years ago, I started dating and planned to get married.
Problem is, my financee and I applied for a new
BTO. The flat ownership with
my parents totally slipped my mind and we even proceed to collect
the keys. Each person can only own 1 hdb flat.
Spoke to hdb, and they cant help much as my parents place are
under a bank loan. Spoke to bank, they demanded that I cough out
huge amount of money (about $90,000) to settle outside loan before
I can remove my name from my parents' property.
Any kind souls can help me
out? Despo now