Buy Sell Agreement (Real Estate) Template for Hong Kong

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Buy Sell Agreement (Real Estate)

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Buy Sell Agreement (Real Estate)

"I need a Buy Sell Agreement (Real Estate) for a residential apartment purchase in Hong Kong, with completion scheduled for March 2025, including provisions for a parking space and standard payment terms with a 10% initial deposit."

Document background
The Buy Sell Agreement (Real Estate) is a fundamental legal document used in Hong Kong property transactions to formalize the sale and purchase of real estate. It is essential for any property transfer in Hong Kong and must comply with local legislation, particularly the Conveyancing and Property Ordinance (Cap. 219) and Land Registration Ordinance (Cap. 128). This document is used when parties have agreed to the basic terms of a property transaction and need to formalize their agreement in a legally binding manner. It typically follows after provisional agreements or memoranda of sale and serves as the definitive contract governing the transaction. The agreement includes crucial details such as property description, purchase price, payment terms, completion arrangements, warranties, and specific provisions required under Hong Kong law, including stamp duty obligations and title requirements.
Suggested Sections

1. Parties: Identification and details of the Vendor and Purchaser

2. Background: Context of the transaction and brief description of the property

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Comprehensive description of the property being sold, including lot number, address, and registered details

5. Purchase Price: Statement of the purchase price and payment terms, including deposits and completion payment

6. Completion: Details of the completion date, completion arrangements, and procedures

7. Title and Documents: Vendor's obligations regarding proof of title and delivery of documents

8. Representations and Warranties: Standard warranties by both parties, especially regarding the property's condition and ownership

9. Stamp Duty: Responsibilities for payment of various applicable stamp duties

10. Costs: Allocation of legal and other transaction costs between parties

11. Risk and Insurance: Transfer of risk and insurance obligations

12. Default: Consequences of default by either party

13. Notices: Process for serving notices between parties

14. Governing Law: Confirmation of Hong Kong law as governing law and jurisdiction

15. Execution: Signature blocks and execution formalities

Optional Sections

1. Existing Tenancies: Required when the property is sold subject to existing tenancies, detailing tenant rights and obligations

2. Mortgage Status: Required when the property is being sold subject to an existing mortgage

3. Car Parking Space: Required when the sale includes a parking space, detailing its specifics

4. Vacant Possession: Required when specifying conditions about property vacancy upon completion

5. Government Lease Conditions: Required when there are specific government lease conditions affecting the property

6. Building Management: Required for properties in multi-story buildings, detailing management fees and obligations

7. Renovation Status: Required when there are ongoing or recently completed renovations

8. Agent Commission: Required when property agents are involved in the transaction

Suggested Schedules

1. Schedule 1 - Property Details: Detailed property information including exact measurements, boundaries, and facilities

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms including deposits and completion payment

3. Schedule 3 - Inventory: List of fixtures, fittings, and furnishings included in the sale

4. Schedule 4 - Title Documents: List of title documents to be delivered upon completion

5. Schedule 5 - Existing Defects: Documentation of any known defects or maintenance issues

6. Appendix A - Property Plans: Floor plans and location maps of the property

7. Appendix B - Photographs: Current photographs of the property and its condition

8. Appendix C - Government Documents: Copies of relevant government licenses, permits, or certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Development

Banking and Finance

Legal Services

Property Management

Construction

Urban Planning

Investment

Professional Services

Hospitality

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Risk Management

Investment

Operations

Finance

Business Development

Asset Management

Relevant Roles

Real Estate Lawyer

Property Manager

Estate Agent

Property Developer

Investment Manager

Legal Counsel

Conveyancing Manager

Property Investment Advisor

Real Estate Analyst

Compliance Officer

Contract Manager

Real Estate Director

Property Portfolio Manager

Transaction Manager

Risk Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Online Sales Agreement

Hong Kong-governed agreement setting out terms and conditions for online sales, including order processing, payments, delivery, and consumer rights.

find out more

Deed Of Sale Tax Declaration

A Hong Kong legal document that declares tax obligations and stamp duty requirements for property sales, ensuring compliance with local tax regulations.

find out more

Buy Sell Agreement (Real Estate)

A Hong Kong law-governed agreement documenting the terms and conditions for the sale and purchase of real estate property, including all essential transaction details and legal requirements.

find out more

Real Estate Security Agreement

A Hong Kong-governed agreement creating security interests over real property, establishing terms for property collateral and enforcement rights under Hong Kong law.

find out more

Deed Of Sale Motorcycle

A Hong Kong law-governed deed that formalizes the sale and transfer of ownership of a motorcycle, ensuring compliance with local transport regulations and registration requirements.

find out more

Contract To Sell Land

A legally binding agreement for the sale and purchase of real property in Hong Kong, complying with local property law requirements and establishing the terms and conditions of the transaction.

find out more

Legal Risk Assessment

A Hong Kong law-compliant assessment document analyzing and evaluating an organization's legal risks and recommended mitigation strategies.

find out more

Deed Of Sale Of Firearms

A Hong Kong law-governed deed for the legal sale and transfer of firearms between authorized parties, complying with local firearms regulations.

find out more

Apartment Sale Contract

A Hong Kong law-governed contract for the sale and purchase of residential apartments, detailing terms, conditions, and requirements for property transfer under local regulations.

find out more

Private Road Agreement

A Hong Kong law-governed agreement establishing rights, obligations, and responsibilities for private road use, maintenance, and management.

find out more

Conditional Sale And Purchase Agreement

A Hong Kong law-governed agreement setting out conditional terms for sale and purchase of assets, subject to specific conditions being met before completion.

find out more

Contract To Sell With Assumption Of Mortgage

A Hong Kong law-governed agreement for property sale where the buyer assumes the seller's existing mortgage, combining property transfer and mortgage assumption provisions.

find out more

Exclusive Selling Agency Agreement

A Hong Kong law-governed agreement establishing an exclusive selling agency relationship, defining territorial rights, commissions, and mutual obligations between principal and agent.

find out more

Used Vehicle Bill Of Sale

A Hong Kong-compliant legal document that records the sale and transfer of ownership of a used vehicle between parties, including key transaction details and terms.

find out more

Real Estate Release Form

A legal document under Hong Kong law used to formally relinquish rights or interests in real property, complying with local property and registration ordinances.

find out more

Property Bill Of Sale

A legal document under Hong Kong law that transfers property ownership from seller to buyer, containing essential sale terms and property details.

find out more

Retail License Agreement

A Hong Kong law-governed agreement granting retail operators the right to sell products or services under a brand owner's trademark and specifications.

find out more

Vehicle Bill Of Sale

A Hong Kong-compliant legal document that records and formalizes the transfer of vehicle ownership between parties.

find out more

Motor Vehicle Purchase Contract

A Hong Kong law-governed agreement for the sale and purchase of motor vehicles, including terms for transfer of ownership and registration requirements.

find out more

Commercial Real Estate Purchase And Sale Agreement

A Hong Kong law-governed agreement for the sale and purchase of commercial real estate, detailing transaction terms and regulatory compliance requirements.

find out more

Simple Consent Form

A Hong Kong-compliant consent form documenting explicit permission for specific actions or data use, structured according to local legal requirements.

find out more

Real Estate Contract Form

A standardized contract form for real estate transactions in Hong Kong, compliant with local property laws and regulations.

find out more

Purchase And Sale Agreement Oil And Gas

Hong Kong-governed agreement for oil and gas purchase and sale, detailing product specifications, commercial terms, and regulatory compliance requirements.

find out more

Sell Buy Back Agreement

A Hong Kong law-governed agreement documenting the sale of securities with a commitment to repurchase them at a future date for an agreed price.

find out more

Direct Purchase Agreement

A Hong Kong law-governed agreement establishing terms for direct purchase of goods between buyer and seller.

find out more

Company Sale Agreement

A legally binding agreement under Hong Kong law governing the sale and purchase of a company, including terms, conditions, and regulatory compliance requirements.

find out more

Sell And Buy Back Agreement

A Hong Kong law-governed agreement documenting the sale of securities with a commitment to repurchase them at a future date and price.

find out more

Exclusive Seller Agreement

A Hong Kong law-governed agreement establishing exclusive selling rights between a principal and seller, defining territorial rights and commercial terms.

find out more

Online Sale Agreement

Hong Kong-governed agreement setting out terms and conditions for online sales, including e-commerce operations, user rights, and platform obligations.

find out more

Binding Sale Agreement

A legally binding sale agreement under Hong Kong law establishing terms and conditions for the sale and purchase of goods between parties.

find out more

Sale Of Business Contract

A Hong Kong law-governed agreement detailing the terms and conditions for the sale and purchase of a business, including all essential transaction elements and regulatory compliance requirements.

find out more

Private Equity Subscription Agreement

A Hong Kong law-governed agreement documenting terms and conditions for private equity investment through share subscription in a target company.

find out more

Business Sales Agreement

A Hong Kong law-governed agreement establishing terms for business-to-business sales transactions, including pricing, delivery, and quality standards.

find out more

Asset Sale Agreement

A Hong Kong law-governed agreement detailing the terms and conditions for the sale and purchase of specific assets between parties, including asset details, price, and transfer mechanics.

find out more

Sale Of Equipment Contract

A Hong Kong law-governed agreement for the sale and purchase of equipment, specifying terms, conditions, and obligations of both seller and buyer.

find out more

Sale Leaseback Agreement

A Hong Kong law-governed agreement combining property sale and leaseback arrangements in a single transaction, enabling property sale while maintaining occupancy rights.

find out more

Lease Agreement Cancellation Letter

A formal document used in Hong Kong to terminate an existing lease agreement, complying with local property law requirements and documenting the agreed terms of lease termination.

find out more

Sale Of Goods Contract

A Hong Kong law-governed contract establishing terms and conditions for the sale and purchase of goods between parties, including specifications, pricing, delivery, and warranties.

find out more

Commission Agreement

A Hong Kong law-governed agreement establishing terms for commission-based business relationships, including payment structures and performance requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.