Hoping someone here can enlighten me. I've been surfing and surfing gov.sg sites hoping to get an answer but havent found one.
My ex and i have divorced some time ago, and our agreement is for him to continue staying in our matrimonial home; in exchange, I will transfer my share of the property to him for a token lump sum.
He has engaged a lawyer to deal with the discharge of the joint mortgage and transfer of house deeds, but I have just been informed of a 3% stamp duty that he wants us to co-share.
I have never even step into this propery lor, and its a hefty 50K stamp duty. Why do i need to pay this and how to siam??
If anyone can direct me to the relevant site, that'll be great. i hv gone to hdb, ura, subcourt sites, google, all nothing.
Thanks in advance!
My ex and i have divorced some time ago, and our agreement is for him to continue staying in our matrimonial home; in exchange, I will transfer my share of the property to him for a token lump sum.
He has engaged a lawyer to deal with the discharge of the joint mortgage and transfer of house deeds, but I have just been informed of a 3% stamp duty that he wants us to co-share.
I have never even step into this propery lor, and its a hefty 50K stamp duty. Why do i need to pay this and how to siam??
If anyone can direct me to the relevant site, that'll be great. i hv gone to hdb, ura, subcourt sites, google, all nothing.
Thanks in advance!