Asked by Anonymous
My wife's father passed away without a will, leaving behind his spouse and children. He has a condo under his name.
According to the Intestate Succession Act, I assume neither his spouse (Tenants- in-Common) and children are owners of the condo, until the Grant of Letters of Administration is signed and an administrator is nominated?
The Grant of Letters of Administration was signed and his spouse (my mother-in-law) was nominated the administrator of the condo. She wanted to put the condo under her name only, but for some reason, my wife also inherited the condo?
This affected our BTO application, we had already gotten a unit. We were told by HDB that we made a false declaration and have to pay a penalty fee of 5% of the condo price if we wish to keep our BTO, or pay 5% of the BTO price should we choose to forfeit the BTO.
We really want to keep our BTO without paying the penalty fee. My wife's name under the condo was unexpected and unintentional. We are not sure what happened.
Could you advise on this?
According to the Intestate Succession Act, I assume neither his spouse (Tenants- in-Common) and children are owners of the condo, until the Grant of Letters of Administration is signed and an administrator is nominated?
The Grant of Letters of Administration was signed and his spouse (my mother-in-law) was nominated the administrator of the condo. She wanted to put the condo under her name only, but for some reason, my wife also inherited the condo?
This affected our BTO application, we had already gotten a unit. We were told by HDB that we made a false declaration and have to pay a penalty fee of 5% of the condo price if we wish to keep our BTO, or pay 5% of the BTO price should we choose to forfeit the BTO.
We really want to keep our BTO without paying the penalty fee. My wife's name under the condo was unexpected and unintentional. We are not sure what happened.
Could you advise on this?
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