peaceful 0 Report post Posted September 2, 2011 Hi,our deal between seller (me) and the buyer being rejected by the HDB during submission due to the ethnic quota eligibility issues. Thereafter, we did appeal to the HDB, but unsucessful.My buyer got very angry on his buyer's agent and asking for compensation. Before this, he had applied the bank loan, and a caveat had been lodged to my property. Since our deal is void, I refund the OTP,exercise Fee to the Buyer, but got rejected by him too.Need someone advises on the below doubts,1)how to release the unreasonable caveat lodged on my unit since my buyer is not going to do anything? 2)will the caveat issues affect on my selling of flat, if let say my next buyer is getting a HDB loan and not bank loan?really headache on these unexpected issues. Share this post Link to post Share on other sites
bepgof 20 Report post Posted September 12, 2011 Hi,our deal between seller (me) and the buyer being rejected by the HDB during submission due to the ethnic quota eligibility issues. Thereafter, we did appeal to the HDB, but unsucessful.My buyer got very angry on his buyer's agent and asking for compensation. Before this, he had applied the bank loan, and a caveat had been lodged to my property. Since our deal is void, I refund the OTP,exercise Fee to the Buyer, but got rejected by him too.Need someone advises on the below doubts,1)how to release the unreasonable caveat lodged on my unit since my buyer is not going to do anything? 2)will the caveat issues affect on my selling of flat, if let say my next buyer is getting a HDB loan and not bank loan?really headache on these unexpected issues.Go here: http://www.ifaq.gov.sg/sla/apps/fcd_faqmain.aspx?qst=2fN7e274RAp%2bbUzLdEL%2fmCxs7iwcgv8gv2atNDOvsLBReUU6JD%2faJXfFK9Y92racPWuHHdkYbv8oUA%2ba7VAFFzL1RW8eaoLmdATdjldJkm3FvQyHjYZ88nz4d19HR2RAwh1dx%2brjpm2JdVvcWTQ1YNGZoBCXn8AtFOl0xqfAOoYy8Wergs3wyFxVR%2by16Tw2lDuwpaz7Nb%2bLfXhvwnz5ViVzQLnfME5uo0E4MGM%2b51MNR7fUdU0aeQ%3d%3dkey in "caveat lodge", then read, will give you some light. Share this post Link to post Share on other sites
peaceful 0 Report post Posted September 27, 2011 Go here: http://www.ifaq.gov.sg/sla/apps/fcd_faqmain.aspx?qst=2fN7e274RAp%2bbUzLdEL%2fmCxs7iwcgv8gv2atNDOvsLBReUU6JD%2faJXfFK9Y92racPWuHHdkYbv8oUA%2ba7VAFFzL1RW8eaoLmdATdjldJkm3FvQyHjYZ88nz4d19HR2RAwh1dx%2brjpm2JdVvcWTQ1YNGZoBCXn8AtFOl0xqfAOoYy8Wergs3wyFxVR%2by16Tw2lDuwpaz7Nb%2bLfXhvwnz5ViVzQLnfME5uo0E4MGM%2b51MNR7fUdU0aeQ%3d%3dkey in "caveat lodge", then read, will give you some light.Thanks bro, finally resolved! Share this post Link to post Share on other sites
angelbutterfly 0 Report post Posted September 28, 2011 Pls make sure that u receive a written black n white for caveat to b lifted... Share this post Link to post Share on other sites
peaceful 0 Report post Posted September 29, 2011 Pls make sure that u receive a written black n white for caveat to b lifted...lol Thanks.I am very kiasu, I call up the Buyer, the law firm and personally went down to SLA for a copy.Thanks all again! Share this post Link to post Share on other sites
