Hi dariofoo,

Can you please help me?

We bought a leasehold property from developer and want to sell it now. According to the developer, the master title has already been subdivided last year but the title name is still under developer. They have submitted application to the state govt for their consent to transfer name to individual owners. My questions are:

1. Can we still sell the property or do we have to wait for the consent to be obtained?

2. Usually how long will it take for consent to be obtained?

3. Regarding the one time exemption for RPGT - the property is under my husband and my name, if we apply for the exemption, does it mean we have both used up our one time exemption?

Thank you so much.

Ahhh......thank you so much dariofoo. You just lifted a huge burden off me. I was so troubled till I couldn't sleep a few nights ago coz a property agent told me that I can't sell due to the title not being under my name.

Just a few more questions,

1. while waiting for the consent, is the property still under my name?
2. until when do I need to service the loan?
3. will the purchaser's bank refuse to approve loan due to this reason?

To the others, if you guys want to buy a hamper for dariofoo (as suggested by someone in this thread), do include me as well. Hope there are more people like him in this world

Thank you again dariofoo.