add a name to the house title deed, need advise on the legal process & cost
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 Jul 14 2017, 02:49 PM
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#1
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Senior Member
1,201 posts Joined: Oct 2006 From: Kuala Lumpur  
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QUOTE(kiviyim @ Jul 14 2017, 10:50 AM) Hi, i would like to add a name to the house title deed but remain myself as the sole loan borrower. Can anyone advise me on the legal process and cost involved (hope to suggest a cheaper way)? I bought the apartment at 280k September 2016. Currently i'm the only name on this property. Thanks so much! u need bank's consent first. otherwise u need to settle the loan.  add/remove name on title not as straightforward as others may think. |
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Jul 14 2017, 03:28 PM
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#2
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Senior Member
1,201 posts Joined: Oct 2006 From: Kuala Lumpur
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QUOTE(kiviyim @ Jul 14 2017, 03:05 PM) yes, it's still master title and can get VP by end of the year. then there's no point in doing so.why didn't put 2 names in first place? bank unlikely will give consent because it will be considered a 3rd party loan. And most banks will not approve 3rd party loan unless the other fella is close blood related (eg sibling/parent) as of now, most important question is - why now want to put the other name? for what purpose? then only i can advise accordingly. This post has been edited by hanhanhan: Jul 14 2017, 03:28 PM |
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