Asked by Terence Tan
Hi Gurus,
I have a HDB and a Condo units. As I am going overseas for a few years, I want to rent out both units. I understand that I need a power of attorney for the admin work during my absence. A recent quote for the power of attorney is $350 per property.
Question 1: Must I need to empower the same person as power of attorney twice for each of my two properties?
Question 2: Is $350 the standard price? If not, can you recommend me a cheaper option?
Regards,
Terence
I have a HDB and a Condo units. As I am going overseas for a few years, I want to rent out both units. I understand that I need a power of attorney for the admin work during my absence. A recent quote for the power of attorney is $350 per property.
Question 1: Must I need to empower the same person as power of attorney twice for each of my two properties?
Question 2: Is $350 the standard price? If not, can you recommend me a cheaper option?
Regards,
Terence
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