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Do I need to refund my ex-spouse's CPF account if I take over the property?

Updated by CPF
Yes, when you take over full ownership of a property from your ex-spouse, you will generally need to refund their CPF account. This refund includes the principal amount your ex-spouse used for the property and any accrued interest, and any amount that your ex-spouse has pledged to make up their retirement sum.
 
However, the Court has the discretion to order a property transfer without requiring the full CPF refund to be made to your ex-spouse's account.
 
If you later sell the property, you will need to refund to your CPF account with the total of:

  • Your own principal withdrawn for the property, accrued interest on that amount and any amount you pledged to make up your retirement sum; and
  • Your ex-spouse’s principal withdrawn for the property, accrued interest on that amount and any amount your ex-spouse pledged to make up their retirement sum.

This information is sourced from CPF.

Topics:

Home OwnershipHousing Scheme

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