An HDB flat occupier can be a individual who is outlined while in the flat software to fulfill the eligibility specifications of a certain housing plan, including the General public Plan. Unlike an owner, an occupier has no legal ownership rights for the flat and can't use their CPF discounts to buy the acquisition or maybe the monthly home loan installments. A crucial duty for an occupier is usually to bodily reside while in the flat and adhere to your 5-12 months Bare minimum Occupation Time period, just as the owner does. An occupier also cannot be a celebration into the flat’s sale or transfer. If a improve during the occupier is necessary, the operator have to submit an application to HDB for approval, that may be performed by HDB's e-products and services portal. This difference is critical, because it impacts not just legal legal rights and also fiscal matters, read more including the full financial loan quantum which can be acquired for the flat.