The HDB Extension of Stay is A personal arrangement concerning a flat customer and seller, enabling the vendor to remain within the bought unit for a utmost period of a few months after the sale is lawfully accomplished. The ask for have to be submitted to HDB at the time with the resale application, necessitating a created arrangement between both equally parties. Both equally the buyer and seller will have to meet HDB’s eligibility standards, along with a price of $twenty is payable for the application by means of the HDB resale portal. The customer is the new flat proprietor within the completion date, and the seller, who have to have been the flat's owner, stays as A brief occupant. The conditions, including any rent, are privately agreed upon amongst the customer and vendor, with HDB not enforcing the specific situations with the settlement. This one-time arrangement is vital for sellers here needing far more time to locate a new dwelling and requires cautious consideration from the two functions.