Are you considering taking the Proximity Housing Grant (PHG) to live near your children? Here are some common questions answered to help you understand the process better:
Question 1: Can Parents Rent Out Their Whole House and Stay With Children During the MOP Period?
Answer: Renting out the entire HDB unit while staying with children within the Minimum Occupation Period (MOP) is generally not permitted. However, exceptions may be considered upon submission of an appeal to the Housing and Development Board (HDB), subject to their discretion.
Question 2: What Happens If a Parent Passes Away During the Rental Period?
Answer: In the unfortunate event of a parent passing away during the rental period, the Proximity Housing Grant (PHG) remains unaffected. The tenancy agreement will be deemed void, and tenants typically have the option to continue residing until the agreed-upon end of the rental term.
Question 3: Do Tenants Need to be Compensated If the Tenancy Agreement is Voided?
Answer: While compensation isn't mandatory if the tenancy agreement becomes void due to the passing of a parent, tenants may choose to continue staying until the expiration of the rental period without requiring compensation.
Question 4: What's the Timeline for Will Processing and Continued Rental?
Answer: Processing the deceased's will typically takes around 6 months for estates with multiple assets, or expedited to as fast as 2 months. Meanwhile, tenants are usually allowed to continue renting until a court order is issued, a process that typically takes about 3 months.
Summary:
- Renting out the entire HDB unit during the MOP while residing with children may be considered upon HDB's approval.
- The Proximity Housing Grant (PHG) remains unaffected if a parent passes away during the rental period, with the tenancy agreement becoming void.
- Compensation for voided tenancy agreements isn't mandatory, with tenants having the option to continue residing until the end of the rental period.
- Will processing typically takes around 6 months, while tenants can continue renting until a court order is issued, usually taking about 3 months.
Reach out if you need any further guidance on PHG and rental scenarios, it's advisable to seek assistance from HDB or a professional real estate advisor!