The practice is a tax avoidance arrangement to reduce the rightful ABSD payable on the purchase of a residential property.

Case highlights importance of proper documents and the need for exit strategies.

There is an average of 350 cases a year, where one spouse is listed as an owner and the other an essential occupier with no legal rights to the flat.

Not all joint owners are equal in law because the ones who pay for the properties, such as the parents, are deemed the real owners.

Maia (Mogul’s Artificial Intelligence Agent), as the AI bot is called, is the first of its kind in Singapore; app built with the buyer in mind to help him or her save time and cost.

This update looks at some of the key legal highlights over the past 3 months, across various practice areas including deals, intellectual property and property law.