An HDB flat software distinguishes between an applicant and an occupier, with substantial distinctions in authorized rights and financial responsibilities. An applicant is really a legal operator with the flat, retains a share while in the house, can use their CPF to finance the purchase, and it is a party into the housing financial loan. Conversely, an occupier is often a loved one detailed in the application to form the demanded spouse and children nucleus to qualify for your hdb applicant vs occupier 90 18 flat beneath an eligibility scheme. An occupier has no legal possession rights towards the flat, cannot use their CPF resources to finance the acquisition, and cannot be a joint applicant for your financial loan, which may result in a scaled-down bank loan quantum primarily based entirely to the proprietor's earnings. An occupier is issue to the exact same Bare minimum Occupation Interval (MOP) since the owner and will have to bodily reside within the flat. This difference is usually a strategic choice for partners planning to buy a second non-public assets Sooner or later with out incurring Supplemental Customer's Stamp Duty.