The HDB Extension of Keep is A personal arrangement amongst a flat customer and seller, permitting the vendor to stay within the sold device for your most period of a few months following the sale is legally done. The request should be submitted to HDB at some time in the resale software, necessitating a written settlement in between both of those get-togethers. Both the client and seller will have to satisfy HDB’s eligibility conditions, as well as a price of $twenty is payable for the applying by way of the HDB resale portal. The client is the new flat proprietor with the completion day, and the seller, who ought to have been the flat's owner, stays as A short lived occupant. The conditions, which includes any lease, are privately agreed upon among more info the client and seller, with HDB not enforcing the specific problems with the arrangement. This just one-time arrangement is very important for sellers needing more time to locate a new household and necessitates careful thing to consider from both of those get-togethers.