An HDB flat occupier is really a one who is mentioned inside the flat software to fulfill the eligibility requirements of a particular housing scheme, like the General public Plan. Unlike an owner, an occupier has no legal ownership rights on the flat and can't use their CPF savings to pay for the purchase or the month to month home finance loan installments. A vital obligation for an occupier would be to physically reside within the flat and adhere for the five-yr Minimal Occupation Period, just as the owner does. An occupier also can not be a celebration into the flat’s sale or transfer. If click here a improve during the occupier is necessary, the operator ought to post an application to HDB for approval, which can be done through HDB's e-services portal. This difference is very important, since it impacts not simply authorized rights but also financial issues, such as the whole mortgage quantum that can be attained for that flat.