The HDB indemnity form is a lawful doc largely employed in the course of renovation and resale processes to transfer legal responsibility from just one occasion to another. For renovations, the form is very important every time a purchaser desires to start get the job done prior to the resale is legally done. The seller, who is still the lawful proprietor, signs the shape to get indemnified from any possible damages caused by the renovation. This is certainly A non-public arrangement, but it's important for the client's contractor to obtain a renovation allow from HDB. The hdb indemnity form 320 22 form retains the client liable for any defects or issues arising with the operates, and should they fall short to rectify them, HDB has the authority to intervene and charge the customer. Likewise, for A short lived extension of remain for sellers, the buyer and vendor indemnify HDB from any disputes arising from their private arrangement.