Each change matches what you chose. Look at them one by one, then tell John if you agree. About 2 minutes.
You still pay Dad 50% of the market value. Only the word changes.
"sold to you"
"transferred to you, not by sale"
Why: "sold" would restart the time you must live in the flat before you can sell it.
... the Respondent's rights, interests and share in the matrimonial property (the "Matrimonial Property") shall be sold to the to the Applicant transferred to the Applicant other than by way of sale at the purchase amount of fifty per cent (50%) of the prevailing market value of the Matrimonial Property ...
You and Dad still pick one valuer together and share the fee.
The valuer prices the flat.
The valuer prices the flat, and Dad's room too.
Why: so Dad's rent in change 4 is based on a fair number.
Both parties shall jointly appoint a licensed valuer to determine the prevailing market value of the Matrimonial Property for the purposes of paragraph (b) above. The costs of the valuation shall be borne equally by both parties. The same valuer shall also determine the prevailing market rental of the room occupied by the Respondent, for the purposes of paragraph (h) below.
Applicant = you · Respondent = DadSame deadline: the transfer must finish within 6 months of the divorce becoming final.
"the sale and purchase"
"the transfer"
Why: to match change 1.
The sale and purchase transfer of the Matrimonial Property shall be completed within six (6) months from the date of the Final Judgment.
This is what you chose on your form.
Rent 25% below market, how it's set left blank. Dad must leave after 1 year.
Rent 25% below what the valuer says his room is worth. 1 year at a time, and you can renew each year and review the rent. If you don't renew, you give him 3 months' written notice.
Why: your lawyer asked us to fill in the rent, and their draft made Dad leave after 1 year.
... subject to the Respondent paying to the Applicant a monthly rental at twenty-five per cent (25%) below the prevailing market rental, [as determined by [-]] [Your lawyer to client: kindly confirm] of the room occupied by the Respondent, as determined by the licensed valuer appointed under paragraph (c) above. The said rental shall be paid on or before the 1st day of each month to the Applicant's designated bank account. The one (1) year period may be renewed each year at the Applicant's option, and the rental shall be reviewed at each renewal. If the Applicant does not renew, she shall give the Respondent at least three (3) months' written notice, and the Respondent shall vacate the Matrimonial Property at the end of that notice period. The Respondent shall vacate the Matrimonial Property upon the expiry of the said period.
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Working draft. Review with a qualified Singapore lawyer before signing, serving, or filing. Your lawyer writes the final wording.