The HDB indemnity sort is often a authorized document mostly employed in the course of renovation and resale processes to transfer legal responsibility from just one occasion to a different. For renovations, the form is crucial any time a customer really wants to begin work ahead of the resale is lawfully finished. The seller, who remains the authorized owner, signals the shape to become indemnified from any potential damages because of the renovation. This is certainly A non-public arrangement, but it is necessary for the customer's contractor to get a renovation allow from HDB. The shape holds the customer answerable for any defects or concerns arising from the is effective, and will they fail to rectify them, HDB has the authority to intervene and demand the buyer. In the same way, for A brief extension of stay for sellers, more info the customer and seller indemnify HDB from any disputes arising from their non-public arrangement.