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 Strike off my name from property title

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TSGundam84
post Dec 26 2019, 01:31 AM, updated 6y ago

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Hi,

Need some advice on my scenario below and option that i could explore.

I bought a condo with my sister a while ago (it’s in construction). Both of our name are in the property title as well as loan (she’s the principal). My sister would like to take 100% ownership hence she will be servicing the loan by herself. May i know

1. What are the option that i could be removed from both property title and loan without need to pay thousands of stamp duty?
2. If option #1 is not viable, any idea how i can strike off my name from the property title but retaining my name in the bank loan? (In the sense that i’m willing to do so)

Thank you



 

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