hdb after death

[HelIoo]

scenario:
you are married and owned a hdb with spouse.
parents only has you (1 child) and owned a hdb. if parents passed on, what will happen to the hdb? go back to government?

 

[dork32]

scenario:
you are married and owned a hdb with spouse.
parents only has you (1 child) and owned a hdb. if parents passed on, what will happen to the hdb? go back to government?

one person cannot own 2 hdb. hdb will force you to sell the parent's hdb

 

[HelIoo]

one person cannot own 2 hdb. hdb will force you to sell the parent's hdb

hdb will somehow manage to contact the child then ask the child to force sell?
after sell, the monies go to who? government ?

*parents house does not has the child name because the child already an owner of another hdb with spouse

 

[hyperfuse]

hdb will somehow manage to contact the child then ask the child to force sell?
after sell, the monies go to who? government ?

*parents house does not has the child name because the child already an owner of another hdb with spouse

of course go to the next of Kin which is the child.

 

[lzydata]

https://www.hdb.gov.sg/residential/...s-occupiers/retain-flat-following-life-events

 

[ekardo]

depend on the will. If no will then go by estate (next of kin)

 

[reddevil0728]

hdb will somehow manage to contact the child then ask the child to force sell?
after sell, the monies go to who? government ?

*parents house does not has the child name because the child already an owner of another hdb with spouse

why do you think money will go to the government??? So much conspiracy

of course go to the next of Kin which is the child.

NOK as a child is too broad brush. Depends if got will if not go according to law.

depend on the will. If no will then go by estate (next of kin)

To be specific intestate succession act

 

[henrylbh]

https://www.hdb.gov.sg/residential/...s-occupiers/retain-flat-following-life-events

In all 4 cases I was involved, I never lodged Notice of Death with SLA and the process is simple than what stated in the website.

Case one, I was joint owner and never even bother to inform HDB about death of the other joint owner. Instead HDB wrote a few times to regularise my ownership at the branch. It was a simple matter and all done without own lawyer at HDB branch office paying less than $100.

Case two, sole owner died and HDB was not informed. Instead HDB wrote to ask for deceased's representative to act. I delayed for the few months before applying for Letter of Administration. After obtaining LOA, I went to HDB to do a Transmission before I as trustee is allowed to dispose the property.

Case three, I was named executor/beneficiary. Upon death of testator, I also delayed applying for Probate until HDB kept reminding me to produce the Probate. After the Probate, the HDB forced me to relinguish my half share of the flat as I am already an owner of an HDB flat under MOP. I delayed the matter as the other half owner was renting out the flat and could not afford to buy over my share.

 

[a4973]

In all 4 cases I was involved, I never lodged Notice of Death with SLA and the process is simple than what stated in the website.

Case one, I was joint owner and never even bother to inform HDB about death of the other joint owner. Instead HDB wrote a few times to regularise my ownership at the branch. It was a simple matter and all done without own lawyer at HDB branch office paying less than $100.

Case two, sole owner died and HDB was not informed. Instead HDB wrote to ask for deceased's representative to act. I delayed for the few months before applying for Letter of Administration. After obtaining LOA, I went to HDB to do a Transmission before I as trustee is allowed to dispose the property.

Case three, I was named executor/beneficiary. Upon death of testator, I also delayed applying for Probate until HDB kept reminding me to produce the Probate. After the Probate, the HDB forced me to relinguish my half share of the flat as I am already an owner of an HDB flat under MOP. I delayed the matter as the other half owner was renting out the flat and could not afford to buy over my share.

Just wondering if by doing so is contravening any laws / legal issues etc? Basically could get into trouble some time down the road?

 

[henrylbh]

Just wondering if by doing so is contravening any laws / legal issues etc? Basically could get into trouble some time down the road?

What you have in mind? I can't find any wrong in what I did. In the first case, I took more than a year to decide apply for Letter of Administration. I still have a joint account with a deceased since 2018. I also have an estate account since 2009 As of today, I still have a total of 3 dormant estate accounts in the names of 3 dead persons

For holding on to HDB flats, after a period of time, there will be no more S&CC concession and you pay property tax the normal rate without rebates. I paid $65 for S&CC instead of the normal $46 for a 3rm flat.

Only violation, I chose to distribute the estate of the deceased without will unequally which is not in accordance with the intestate law and I informed all 6 beneficiaries including that I am using my sole discretion in the distribution.

 

[a4973]

What you have in mind? I can't find any wrong in what I did. In the first case, I took more than a year to decide apply for Letter of Administration. I still have a joint account with a deceased since 2018. I also have an estate account since 2009 As of today, I still have a total of 3 dormant estate accounts in the names of 3 dead persons

For holding on to HDB flats, after a period of time, there will be no more S&CC concession and you pay property tax the normal rate without rebates. I paid $65 for S&CC instead of the normal $46 for a 3rm flat.

Only violation, I chose to distribute the estate of the deceased without will unequally which is not in accordance with the intestate law and I informed all 6 beneficiaries including that I am using my sole discretion in the distribution.

i was thinking along the lines of reporting / updating responsibilities. eg if shift house must change NRIC Address within xx days kinda thing.

 

[chaozhouzi]

I have a estate account for more than 20 years already, it is up to the LOA/executor to maintain it. I kept it in the unlikely event of some money due to the estate turning up. As for the HDB flat, AFAIK HDB required my selling it within 6 months to a year. As for joint account, the relevant bank's term and condition states that fund will default to the surviving account holder. So long as the bank has not been informed of the death of account holder, the joint account will remain active.