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A letter of consent from the Official Assignee is required for the sale of flat (for all flat types) by an undischarged bankrupt. The lessee must obtain the letter of consent before granting an Option to Purchase to the buyers.
If you are selling an Executive flat (apartment/maisonette), HUDC flat or Multi-Generations flat, and your intended buyer is an undischarged bankrupt, make sure that he/she has obtained a letter of consent from the Official Assignee for the purchase.
FAQ
My wife and I are co-lessees of an HDB flat and we intend to sell our flat in the open market. If I am an undischarged bankrupt but my wife is not, do we still need to obtain a Letter of Consent from the Official Assignee?
Yes. As long as one of the flat lessees is a bankrupt, it is necessary to obtain a Letter of Consent from the Official Assignee before you are allowed to sell your HDB flat in the open market.
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