Asked by Anonymous
Hi All Guru,
I have a house property which i have purchased one year ago and it's still under construction. However due to my work in overseas and for the future planning, i would like to transfer the house ownership to my sibling/s, so that i can have enough funds to buy property in overseas for long term stay.
1. May i know if it's possible to transfer the house ownership to my direct sibling/s when the house is still under construction?
2. Who shall i approach to if i would like to do so? Developer or Bank or Lawyer?
3. By doing so if there's fine to be imposed on me, how much would it cost approximately?
Thanks in advance.
I have a house property which i have purchased one year ago and it's still under construction. However due to my work in overseas and for the future planning, i would like to transfer the house ownership to my sibling/s, so that i can have enough funds to buy property in overseas for long term stay.
1. May i know if it's possible to transfer the house ownership to my direct sibling/s when the house is still under construction?
2. Who shall i approach to if i would like to do so? Developer or Bank or Lawyer?
3. By doing so if there's fine to be imposed on me, how much would it cost approximately?
Thanks in advance.
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