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Hi, it is not a common practices in the 1st place. But at times I do encounter such request from the buyer and if my seller allows it, then such request is usually approved only when the buyer exercises the OTP.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

In my opinion, whatever agreement must be agreed upon before signing the OTP, and not after the OTP is signed.

You do not have the obligation to accede to the Buyer's request in this case. You should wait for the legal completion before passing them the keys. There are many scenarios which can happen before the legal completion. Are you willing to take such risks?

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Dear Anonymous , in my 23 years of real estate experience , personally , i
have transacted few transactions based on similar circumstances successfully .
Its certainly not common , however , willing buyer , willing seller scenario.
Upon exercise of the Option to Purchase , possession can be granted to the buyer provided that the buyer to produce a letter of indemnity which your solicitors can draft out the clauses , mainly , which will state that the buyer will undertake to complete the sale whatsoever, and if the buyer fail to do so for whatever reason , specific performance will be imposed on them. It is in the interest of all parties to succeed in the transaction , however, there is still a element of risk before the official completion date.

Chris Cheong
Edmund Tie & Company
 90072722 
dtzproperty@me.com Read More