Discuss about where to live, renting a property, tenancy issues, property trend and property investment in Singapore.
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abbby
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by abbby » Thu, 29 Oct 2020 9:12 am
If you buy a
property that's tenanted, what are the chances that the tenant will move? What's a fair compensation to the tenant?
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)
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PNGMK
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by PNGMK » Thu, 29 Oct 2020 9:40 am
It depends on the TA wording and remaining lease.
If TA does not address sale of
property then you have to rely on the TA "cancellation" of lease terms. If there is none then you really need to think about offsetting the tenants costs to move and set up a new lease because the tenant can insist the lease remain in place and be transferred to the new owner.
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Tue, 29 Jun 2021 5:04 pm
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Hi guys
Sorry i'm new to this HDB/Property stuff so please excuse my questions :D
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Look online - very few people here will have bought a HDB in your circumstances.
Thanks will check online :)
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