How to stop this greedy person?

[gingerc]

This home that i am staying in is under the name of my mother and brother. when i was young, my parents divorce and brother took over the share of my father at the price that my father first bought. Taking the role of big brother he swore that he will not sell this house away.

But recently, they have plans to settle down to start a family. His Girlfriend's family insisted that this house is to be sold for a new one and at the same time not wanting my mother and i to stay in the house.

Than again i think greed took the better of him, at first he plans to sell the house and just give a small portion of money to my mother and leave her alone. We argured over this issue so badly.

I have checked, that on legal terms, once the house is sold, both parties will receive the amount of cpf they have contributed and the remaining profit is of equal share.

However, he isisted that after both parties receive the cpf amount, he will only give my mother a small part of money (a few thousand) and leaving no room for discussion.

His actions really disgust me, in my point of view the profit should be shared so that my mother can take care of her retirement in a few years time.

Is there any way that this matter be handled by a lawyer? So that he will not have any way of taking advantage of the whole situation.

Or when the cheque from HDB is released, is it possible for it to be of separate name instead of joint name?

 

[mark78]

he insisted to give yr parents little gains once the house is sold? On what grounds can he do that. u can go down to hdb office and check with the officers no need to consult lawyer at this point in time yet. 2cents

 

[powder]

few options...

1) dun sell. he LL
2) u take over his half of the house, settle on the price.
3) sell and take half the money.

find out your rights n dun give in. pple who want what they do not deserve, do not deserve what they want.

 

[alcifertoh]

Your mum has a share in the house. As long as she doesn't sign, he cannot do anything. Just be firm on it and come to terms fair for your mum to accept.

 

[skylar]

ya lor.. WTF he think he is?

only giving ur mom some money (as in a few thousands??) think she beggar ah??

worst is the thot that once he sell the hse, move out & into his new hse, it gives me a feeling that he intend to dump his mother in ur care too!

be firm, consult lawyers if u want to, from the above post, you can ask ur lawyers to act as in the HDB chq to be released to ur lawyer, then ur lawyer will spilt accordingly.

ur mom shd not sign on anything now till all terms are settled!

 

[the_giving_tree]

Ed Cheong, your situation is similar to my hubby's case, except that in my hubby's case, his mum wanted to keep all the profits to herself! The old house we had was initially bought by my hubby's brother (BIL) and it was registered in his name and my MIL's name. After BIL got married, the house was transferred to my hubby, who subsequently took over the remaining loan of $10k. The flat was subsequently sold for over $200k a couple of years ago. And guess what, my MIL said she would return only $10k to my hubby and she had the right to keep the rest! But HDB split the profit by ratio, so my hubby got back $30k. But up till this day, my MIL still insist that my hubby should get only $10k and that the extra $20k was a gift from her to us for our house renovation! My foot!

 

[findingnemo]

Hi Ed Cheong,

Whatever the outcome, hope you can take good care of your mother since it is quite clear your brother is not planning to do that.

Hi Faith,

She is the mother and what is $20K? If I am you, I will gladly take back only the $10k. If letting the mother keep the $20k will keep her from "nagging", it is worth it.

 

[the_giving_tree]

Nemo, my MIL is a miser and a very calculative person, even with her own children, that's the reason why.

 

[gingerc]

OMG! recently update really left me really speechless now.. i don't know what he have said to my mum, now, my mum agreed to let him sell the house and settle down for a 1 room 1 hall flat which uses only about $50k of the price to buy.. the remaining profit will be kept by him to purchase his 5 room flat and giving my mum only a few thousand, now my worry is what if he refuses to pay for the flat when its ready.. and also the little amount that will be given to her?

What can a few K do? Don't know what to do now with such a dispeechable person in the family.. disgusting!!

 

[blueberrytea]

tell her, you're going to get retrenched soon and see if she willing to fight back for what she deserves.

 

[jeankris]

Yup...agreed, you must tell your mum that and also remind her if in the event your bro dun pay for the house, you will both be in deep trouble. It's really difficult to get a job now if you lose your current one.

He must have pycho her lah, so you must talk to her more and be involved in the discussions with your mum and bro. Ask your mum not to discuss anything with him without you around.

Ya, you bro is outright selfish and apparently only care for his gf. He wanna dump you both in a 1 room 1 hall flat while get get a big flat with his gf. Dun let him get his way. Same thing with my bf's elder bro, he wanted to let his China gf shift in to his home when she comes to SG and ask my bf to shift to my place and stay with my family. My bf oso stood firm and remind him he belongs to the family and has every right not to shift out. In the end he oso LL.

 

[mark78]

btw its not easy to apply for " 1 room 1 hall flat"
hdb will look into the history of the occupant. Don't think will mum is entitled for such a deal as she is / WAS a 5 room flat owner.

 

[jeankris]

ya...Gregory's right