Divorce. It's not easy talking about it; lives and families are impacted and yet, is a cruel and harsh reality for some. After the many arguments and trial separations, sadly, the last option is to file a divorce. If you are a home owner and your marriage is falling apart, read on for more information.
Divorce is rising among Singaporeans who have been married for less than 10 years. The common reasons cited are unreasonable behaviour as well as infidelity. In Singapore, the Women's Charter, a legislative act passed in 1961 protects and was designed to improve and protect the rights of women in Singapore and to guarantee greater legal equality for women in legally sanctioned relationships. Among other things, the Act provides for the institution of monogamous marriages, the rights of husbands and wives in marriage, the protection of the family, and the legal potentialities with regard to divorce and separation.
Now that the difficult choice has been made to legally separate, what's next? Here are some common concerns/ questions:
Am I entitled to the unit?
I am a housewife and my ex-husband paid for everything - am I still entitled to the sale proceeds?
We have no children - can I get to buy over my share?
How will the sales proceeds be divided?
Can I still buy another flat after my divorce is finalised?
What happens if we have not reached the MOP (Minimum Occupancy Period)
These are valid questions and for further information, please click here.
Divorces can be messy, expensive and often impacts not just the spouses but also their families. If you are facing problems, please reach out for support from various voluntary organisations, family and/or friends.
Risdian Isbintara is an award-winning realtor. For advice relating to property and estate, please contact him for a consultation.
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