Property Views

[MrsKiasu]

Oic, so decouple is just shift 1 name from Owner to occupier and to return whatever paid using the now Occupier’s CPF, I guess… if that’s the case then no worries of legal consequences for divorce cases probably if all money is from the legal Owner

[doodbug]

HDB disallowed decoupling from 2016. When I decoupled, yes, I paid my hubby’s CPF plus accrused interest, using cash. For divorce cases, best to check with lawyers. If you are an occupier, but you can prove you have contributed towards the flat (say in cash payments or whatever), I would imagine one would have a case to argue for a portion of the flat or sales proceeds. That’s just my layman’s guess.

[MrsKiasu]

Now disallowed already arh haha… I didn’t know that. Good to know…


The current one as suggested earlier…1 Owner+1 essential occupier…very obvious also.

[doodbug]

Now allows you to have one owner + one occupier at the outset, but no longer allows decoupling midway down the road

So best to start with with that position. However, most couples who want to utilize both person's CPF for downpayment, will not be in a position to do this.

[zac's mum]

Nowadays HDB so expensive, rare to be able to use one person’s CPF to pay the mortgage totally.


But let’s take an example scenario of Husband using his CPF to pay for the flat. He puts himself as Owner, wife as Essential Occupier. If in the event of Husband passing away, or initiate divorce, does the wife have any claim to half the flat as a marital asset? Or does she have zero to her name because she’s “just” an occupier? Will she lose the roof over her head? Leaving her (and any kids) homeless and assetless?

[doodbug]

It depends on whether the husband has a will.

Without a will, it will follow Singapore's intestacy laws.
https://www.gjclaw.com.sg/articles/laws-of-intestacy-in-singapore/

[starlight1968sg]

Suppose a lady has a private ppty, can she be an Essential Occupier of a new hdb with her husband? Tks.

[doodbug]

Timing is the key.

At the point of purchase of HDB, I believe neither occupier nor owner can be owners of private property.
After the MOP, any party can own as many pte properties as they want, in addition to the HDB.

[doodbug]

For those who are applying for BTO - the total wait time for construction, TOP to MOP, is actually rather long.

[Property Agent]

zac's mum\" post_id=\"2010698\" time=\"1609732996\" user_id=\"53606:[quote=\"zac's mum\" post_id=2010698 time=1609732996 user_id=53606]
This is fine advice. Provided the relationship is truly solid. Legally, the party who is not listed as Owner will stand to lose out if the marriage ever ends in divorce, no?[/quote]

As the flat was acquired by the couple under the HDB fiancé-fiancee scheme, then it is a matrimonial asset. This means that in the event of a divorce, it will be divided between them as determined by the courts.