The HDB Extension of Keep is A non-public arrangement involving a flat customer and seller, letting the vendor to stay inside the bought unit for a greatest duration of 3 months following the sale is lawfully done. The ask for have to be submitted to HDB at time on the resale application, necessitating a published arrangement between both parties. Both the buyer and seller have to satisfy HDB’s eligibility conditions, along with a payment of $twenty is payable for the appliance through the HDB resale portal. The client is The brand new flat proprietor with the completion date, and the vendor, who should are already the flat's proprietor, stays as a temporary occupant. The terms, including any rent, are privately agreed upon in between the customer and seller, with HDB not implementing the particular disorders of the settlement. This one-time arrangement is crucial for sellers needing much more time to find a new dwelling and necessitates read more cautious thought from both of those parties.