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can seller of hdb owner using hdb lawyer and buying using private lawyer

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When it comes to HDB transactions, the rules regarding the use of lawyers can be specific.
- If you are selling an HDB flat, you can use an HDB-approved lawyer. HDB has a list of approved lawyers who can handle HDB conveyancing work.
- However, if you are buying a new HDB flat using a bank loan, you will need to use a lawyer from the bank's panel of lawyers. This is because the bank requires their own lawyers to handle the loan documentation and ensure that their interests are protected.
So, in your scenario:
- You can use an HDB-approved lawyer to sell your HDB flat.
- For buying a new HDB flat using a bank loan, you would need to use a lawyer from the bank's panel of lawyers, not an HDB lawyer.
This ensures that both the HDB and the bank's requirements are met in the respective transactions. For more detailed guidance, you can consult with a lawyer who specializes in HDB transactions or check the resources available on EdgeProp Singapore.
We appreciate you using EdgeProp Buddy. As I'm in Beta mode, I'd recommend seeking expert advice in real estate for such concerns.