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Flat Occupier Vs Co-Owner

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Hi guys.

I'd like to ask your advise on the following topic.

We are married couple (no kids) who bought resale 3rm flat a few years ago. That time I was on EP (employment pass) and my hubby is Singaporean, so the flat was registered under his name (Owner) and I was listed as an Occupier.

Payment was split about 60/40%: hubby pays by CPF, and I pay by cash.

Now I'm PR. So, I'm wondering if it's wise to change my status from "occupier" to "co-owner". What do you think? Does it give any advantages/disadvantages in future? We do not intend to sell flat soon, maybe will be staying here for a long time, another 10 years or longer, but just in case I would like to check what can be the consequences of such a change to co-owner.

Thanks!

  • 4 weeks later...

No i will not advise against it.

PM me for the reason.

  • 1 month later...

nope. keep your name free for other property purchases. an unencumbered name is a luxury nowadays!

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