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Hi Gurus, I invested in a condo with a friend in 2007 and we are "tenants-in-common". I hold 75%. The property has appreciated and he wants to sell but I wish to keep it.
I plan to buy over his 25% share as per market valuation. Is it possible to buy the 25% share? Do I have to pay stamp duty again and how about the mortgage? Assuming that I do not have enough cash to pay and I take a higher mortgage from the bank. Which government agency should I call to check? Thank you!
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1 Answer

Able S.K Toh
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