Alice is interested in placing a formal notice to protect her interest in a property she is purchasing in Singapore.
For how many years will this notice remain effective unless withdrawn or cancelled?
The answer is B
In Singapore, a caveat, which serves as a formal notice lodged to protect interest in a property, remains in force for a period of 5 years unless it is withdrawn by the person who lodged it or cancelled by a court order.
Alice is interested in placing a formal notice to protect her interest in a property she is purchasing in Singapore. For how many years will this notice remain effective unless withdrawn or cancelled?