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Michele

Can I Rent A Bedroom In A Flat, Which I'm Buying Now? Any Issues?

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Hi all,

We're buying a HDB flat. The 1st appointment is scheduled on the mid-March.

We discussed with the seller and he has agreed to allow us rent 1 bedroom from 1st appointment to Completion Day. It's verbal agreement, no contract.

Could you guys please advice if any potential issues maybe encountered?

Cheers,

Michele

 

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Could you guys please advice if any potential issues maybe encountered?

The owner may be questioned by IRAS for not declaring rental income

The owner can charged YOU for illegal trespassing if they not happy with you :P

Well, just draft a simple tenancy agreement to protect yourself if you are afraid.

 

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