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We recently view a 2+1 flat near MRT, with aircon but partial furnished at S$1,400. The agent namecard shows, D D of HSR. As we commit, she ask us not to e-stamp tenancy agreement later and pay Power and Supply in owner's name. Then a man came in, was introduce as owner's brother. After we both sign on the Letter of Intent. We found that the name card of this brother and owner's name differ but he "imitate" signing (owner) name. They then told us that the owner is in jail for another few years and is inconvenience to do legal document to authorise him to act. They ask us to trust them as it has been so doing for the past tenants. In this way, the property tax will be the same and continue to enjoy rebates from town council, power supply, or any incentive the government gives ad hoc. Hi Guru, please advice how to protect ourselves from anything to our disadvantage later. The location, price and house condition is ok with us.

Posted by Tommy S - Feb 9, 2010 in Property Legal Advice - 150 Views

Latest Answers by Real Estate Professionals (3 answers)

Mark Turner
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Contact Agent

Posted Feb 9, 2010

Consult an attorney with regard to this matter and before signing any further documentation. Never based an agreement on "trust" alone, you will not have much (if any) recourse if something goes wrong and you may be liable if can be proven that you have (even unknowingly) acted illegally.

Joseph Goh
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Contact Agent

Posted Feb 9, 2010

You must fully understand the RISKS involved (without E-Stamping, etc) before you commit to rent. It's a matter of own choice. If you are not feeling comfortable, you can alway look for another deal.

Tron Tay
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Contact Agent

Posted Feb 10, 2010

Hi,

Please get out while you can and if you are referring the unit you are renting is a HDB then without approval to sublet the whole unit then is illegal and worst the person that sign is not the owner/landlord (single owner/landlord?)thus the TA later that you are going to sign will not be valid same as the LOI. Since 1 Feb 2010 even room rental have to declare the tenants details to the HDB thus is a matter of time your unit would be check and better to be safe then sorry. Yes the price might be attractive but remember the consequences are far much greater. Good luck and an advance Happy CNY cheers.

Best Regards
Tron
Hp.81391982

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