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  / how-to-handle-condo-bought-under-your-chil...   How-To Handle a Condo Bought Under Your Child’s Name Before Marriage? #AskRealtorMani
How-To Handle a Condo Bought Under Your Child’s Name Before Marriage
Problem
Many Singaporean parents — especially in our Indian community — buy a condo under their child’s name for tax savings, future planning, or as a gift. But once marriage enters the picture, fear creeps in 😰: Will my son-in-law or daughter-in-law get rights to the condo? Should my child make a Will in my favour? Will divorce or ABSD complicate things? These worries cause stress, especially when property is both an asset 💰 and a legacy 🏡.

Me: I want to discuss with you the following 10 Common Pain Points
🤯 Will my son-in-law or daughter-in-law get rights to the condo after marriage?

😵 Does my daughter need to make a Will in my favour?

🏦 What happens if she wants to buy another property later?

📑 How does ABSD apply if the condo is in her name?

💔 If she divorces, will the condo be part of matrimonial assets?

🤔 Can she simply transfer the condo back to me?

💸 If she sells it, can she just return me the money?

🧾 Do I have any legal rights if I paid for it?

🕒 Does a Will take effect immediately or only after death?

🧑‍⚖️ Should I consider gifting or trust arrangements instead?

Proposal by Mani: 10 Actionable Tips
✅ Remember: a Will only takes effect after death.

📋 Clarify if the condo is truly a gift or just a placeholder investment.

💡 Check ABSD impact before buying another property.

🏦 Note: transferring the condo back triggers stamp duties.

⚖️ In divorce, courts decide based on contribution & intent, not just title.

💬 Discuss openly with your child before marriage.

🧾 Consider trusts or deeds of gift for long-term control.

💸 If sold, funds can be returned — but watch out for ABSD/tax.

📑 Always document your financial contributions clearly.

🔑 Seek professional legal/tax advice early.

FAQs
Does my daughter need to will the condo back to me? → No, a Will only applies after her passing. Learn more

Will her husband automatically gain rights after marriage? → Not unless courts deem it matrimonial property. Explore here

Can she transfer the condo back to me? → Yes, but stamp duty & legal costs apply. Find out more

Can my daughter buy a HDB after owning this condo? → Yes, but only after selling, waiting 30 months, and meeting HDB criteria. Read here

Do I have rights since I paid for it? → No, the legal owner is the name on the title deed. Understand here

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