For subscribers
When a surviving joint owner cannot own the whole property
Sign up now: Get ST's newsletters delivered to your inbox
Not all joint owners are equal in law because the ones who pay for the properties, such as the parents, are deemed the real owners.
ST ILLUSTRATION: CEL GULAPA
Follow topic:
SINGAPORE - A man who co-owned an HDB shophouse with his late father learnt an expensive lesson in law when he was forced to share the $500,000 property with his three siblings.
The shophouse had been bought by their father, who added the son’s name as a co-owner in order to get better loan terms. The mortgage instalments for the property, which was used for the family’s hardware business, were paid entirely by the father.
