What are the criteria for co-tenancy to purchase a resale HDB flat

Certainly! Co-owning a property means that two or more people share ownership of the property. There are two main ways to co-own a property:

1. Joint Tenancy: Each owner is presumed to have an equal share in the property, and the rule of survivorship applies. This means that upon the death of an owner, their share automatically passes to the surviving co-owners.

2. Tenancy in Common: Each owner has a distinct but undivided share in the property, which need not be equal. The rule of survivorship does not apply, so the deceased owner's share passes to their estate.

I hope this clarifies the concept of co-owning a property!