The HDB Extension of Remain is a private arrangement among a flat consumer and seller, permitting the seller to remain in the offered unit for your optimum period of three months after the sale is legally concluded. The ask for needs to be submitted to HDB at the time in the resale application, requiring a prepared arrangement involving both get-togethers. Each the customer and vendor ought to meet HDB’s eligibility conditions, and a fee of $twenty is payable for the appliance by way of the HDB resale portal. The customer is the new flat operator within the completion date, and the vendor, who have to here are already the flat's owner, stays as A brief occupant. The conditions, together with any lease, are privately arranged among the customer and seller, with HDB not imposing the specific disorders on the settlement. This one particular-time arrangement is vital for sellers needing more time to find a new household and needs careful consideration from both equally get-togethers.