Why is a conveyancing lawyer required when using CPF savings to purchase a private property?
A conveyancing lawyer is required when you would like to use your CPF savings for purchase of a private property for the first time. The lawyers would typically manage all legal aspects of your transaction, including preparing and submitting required documents needed by the Singapore Land Authority (SLA), creating and lodging a CPF charge. This legal representation protects both your CPF savings and your interests in the property, which is critical in high-value transactions such as buying a property.
This information is sourced from CPF
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