Selling Your HDB Flat Using Power of Attorney (POA)
The process of selling a property involves signing multiple documents at different stages of the transaction. If you are unable to personally oversee these contractual matters, you have the option to appoint a Power Of Attorney (POA) to ensure a smooth and seamless transaction.
Appointing a POA means granting someone else the authority to act on your behalf, specifically for matters related to the sale of your HDB flat. However, it’s important to note that the selling price of the property remains under the control of the owner unless otherwise stated.
When authorizing documents, such as the Option-To-Purchase, it is crucial that your POA includes your name (the seller) on the contract, rather than their own.
If you would like to learn more about appointing an HDB POA and the steps involved in selling your property using this approach, please provide your details below. I will get in touch with you to provide further information and guidance on the process.