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Hi,

1) There are only 2 circumstances where you need to be concerned about whether to top up the difference on the amount paid by the other party under a joint tenancy.
(a) Divorce: The final court order will determine what is the arrangement at the interim judgment.
The arrangement has to be mutually agreed upon by the intended separate couple. So it is not the law that says so but it is determined by the couple.

(b) Death: Survival takes all principles applied. Thus no topping up is needed.

2) The final sales proceed after deduction of the following, in the order of priority:
(a) Outstanding mortgage loan
(b) Utilized CPF funds + accrued interest
The rest of the payment such as:
Legal fees, agent fees, resale applications, miscellaneous, etc, will be in cash.

3) The lawyer will calculate the final amount after deduction of 2(a) & (b) and issue a single cashier order to all owners.
4) The owners will have to do their splitting after depositing the cashier order in a joint account.
5) You may only be able to request to split the cash proceeds into 2 cashier orders if you engage a private lawyer to handle your sales.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
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