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When a $2 million house has too many owners
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If one joint owner of a property disagrees with the others, it can get ugly fast, especially when there are multiple owners.
ST ILLUSTRATION: MANNY FRANCISCO
SINGAPORE - Property disputes involving just two people are already hard and expensive to untangle, but when there are four in the mix battling over a $2.4 million house, the saying “too many cooks spoil the broth” comes close to describing the havoc.
The central stumbling point with property, as these folk know all too well, is that bricks and mortar can’t be offloaded as easily as cash or shares.
