The HDB Extension of Remain is a private arrangement in between a flat consumer and vendor, letting the seller to stay while in the offered device for the optimum duration of three months once the sale is legally done. The request must be submitted to HDB at enough time of the resale software, demanding a prepared agreement amongst the two get-togethers. The two the customer and seller have to fulfill HDB’s eligibility requirements, in addition to a payment of $twenty is payable for the application through the HDB resale portal. The customer is The brand new flat owner through the completion day, and the vendor, who should are the flat's operator, stays as a temporary occupant. The terms, which include any hire, are privately agreed upon among the client and vendor, with HDB not implementing the precise circumstances in the arrangement. This a person-time arrangement is essential click here for sellers needing a lot more time to find a new property and necessitates careful consideration from each events.