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Couple sue son for condo title deeds
Selina Lum
<---http://news.asiaone.com/News/the%2BStraits%2BTimes/Story/A1Story20100525-218248.html
Tue, May 25, 2010
The Straits Times
AN AGED couple from Taiwan have sued their son in the Singapore High Court for the return of the title deeds of two condominium apartments worth about $1.7 million.
In their lawsuit, Mr Yang Min-hao, 76, and Madam Yang Yuan Hsiang-ying, 71, said they funded the $344,500 downpayment for the flats but used their son's name as they were worried about not being able to get a bank loan.
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The couple, who live in Taipei, say that their son was merely holding the properties and rental incomes from the flats in trust for them.
Selina Lum
<---http://news.asiaone.com/News/the%2BStraits%2BTimes/Story/A1Story20100525-218248.html
Tue, May 25, 2010
The Straits Times
AN AGED couple from Taiwan have sued their son in the Singapore High Court for the return of the title deeds of two condominium apartments worth about $1.7 million.
In their lawsuit, Mr Yang Min-hao, 76, and Madam Yang Yuan Hsiang-ying, 71, said they funded the $344,500 downpayment for the flats but used their son's name as they were worried about not being able to get a bank loan.
Click here to find out more!
The couple, who live in Taipei, say that their son was merely holding the properties and rental incomes from the flats in trust for them.