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I owned a freehold apartment jointly with my sister, 50 / 50. It's a 760 sq ft apartment in Taman Seri Damai (IJM), Penang. I want to sell now / this year, but she is hesitant. It's a joint ownership. What's the best way to approach selling under such circumstance?
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1 Answer

Mary Lee
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Hi there. Since the property is jointly owned by your sister and you it is very important that both parties must agree to sell it. Otherwise you may propose to buy up her share. Then you will be the sole owner and then proceed to sell it. Fyi Taman Seri Damai is a leasehold property. You may bring up the issue of the shorter the lease the more difficult to obtain housing loan on purchaser's side. Should you need my assistance please feel free to call me at 0124105866  Mary Lee. Read More
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