Buyer Seller 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 Buyer Seller 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:

Buyer Seller Agreement (Real Estate)

"I need a Buyer Seller Agreement (Real Estate) for a residential property purchase in Hong Kong, with completion scheduled for March 2025, including provisions for a 10% initial deposit and mortgage financing arrangements."

Document background
The Buyer Seller Agreement (Real Estate) is a crucial legal document used in Hong Kong property transactions to formalize the sale and purchase of real estate. It builds upon the provisional agreement (if any) and serves as the definitive contract between parties. This document is essential for all property transactions in Hong Kong, whether residential, commercial, or industrial. It must comply with Hong Kong's property laws, including the Conveyancing and Property Ordinance, Stamp Duty Ordinance, and Land Registration Ordinance. The agreement typically includes detailed property descriptions, purchase price, payment terms, completion arrangements, warranties, and specific provisions required by Hong Kong law. It is usually prepared by solicitors and requires careful review to ensure all legal requirements are met and both parties' interests are protected. The document becomes especially important given Hong Kong's complex property market and strict regulatory requirements.
Suggested Sections

1. Parties: Identification and details of the Vendor and Purchaser, including Hong Kong Identity Card/Business Registration numbers

2. Background: Context of the transaction, including brief property description and intention to sell/purchase

3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Completion Date', 'Purchase Price'

4. Sale and Purchase: Core agreement to sell and purchase the property, including the purchase price and payment terms

5. Deposit: Details of the initial deposit, stakeholding arrangements, and any further deposit requirements

6. Title: Vendor's obligations regarding good title and purchaser's right to raise requisitions

7. Completion: Completion date, time and location, completion obligations of both parties

8. Vacant Possession: Obligation to deliver vacant possession upon completion

9. Representations and Warranties: Standard warranties by both parties, including vendor's warranties about the property

10. Risk and Insurance: Property risk allocation and insurance requirements until completion

11. Default: Consequences of default by either party and available remedies

12. Stamp Duty: Responsibilities for various stamp duties applicable to the transaction

13. Notices: Method and addresses for serving notices between parties

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

Optional Sections

1. Existing Tenancies: Required when property is sold subject to existing tenancies, detailing arrangements and assignments

2. Mortgage: Include when property is being sold subject to an existing mortgage or purchaser requires mortgage financing

3. Property Management: Include for properties in multi-unit buildings, detailing management fee arrangements and outstanding charges

4. Conditions Precedent: Include when completion is conditional upon certain events (e.g., obtaining mortgage approval)

5. Furniture and Fittings: Include when sale includes specific furniture or fittings

6. Car Parking Space: Include when transaction includes car parking space

7. Power of Attorney: Include when either party is acting through an attorney

8. Special Conditions: Any special terms agreed between parties that deviate from standard terms

Suggested Schedules

1. Schedule 1 - Property Description: Detailed property description including lot number, address, and registered details

2. Schedule 2 - Purchase Price Payment Schedule: Breakdown of payment installments and timing

3. Schedule 3 - Property Inventory: List of included fixtures, fittings, and furniture (if applicable)

4. Schedule 4 - Existing Tenancies: Details of any existing tenancy agreements (if applicable)

5. Schedule 5 - Outstanding Management Fees: Statement of outstanding management fees and other charges

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

7. Appendix B - Title Documents: Copies of relevant title documents and search records

8. Appendix C - Provisional Agreement: Copy of the provisional sale and purchase agreement if applicable

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
Relevant Industries

Real Estate

Legal Services

Banking and Finance

Property Development

Property Management

Professional Services

Construction

Investment

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Investment

Operations

Risk Management

Documentation

Corporate Services

Relevant Roles

Real Estate Lawyer

Property Lawyer

Conveyancing Solicitor

Real Estate Agent

Property Manager

Legal Counsel

Compliance Officer

Property Developer

Investment Manager

Real Estate Investment Director

Property Transaction Manager

Banking Manager

Mortgage Specialist

Real Estate Broker

Property Consultant

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

Buyer Seller Agreement (Real Estate)

A Hong Kong law-governed agreement detailing terms and conditions for the sale and purchase of real estate property, ensuring legal compliance and protecting both parties' interests.

find out more

Buy Sell Contract (Real Estate)

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

find out more

Residential Property Management Agreement

A Hong Kong law-governed agreement between property owners and management companies for residential property management services.

find out more

House Building Contract Agreement

A Hong Kong-governed construction contract between property owner and contractor for residential building works, defining scope, terms, and obligations.

find out more

Land Sell Agreement Form

A standardized legal agreement for property sales in Hong Kong, outlining terms and conditions for real estate transfer under Hong Kong law.

find out more

Land Sales Agreement

A legal agreement for the sale and transfer of land rights in Hong Kong, subject to local property laws and leasehold system requirements.

find out more

Condominium Management Agreement

A Hong Kong law-governed agreement between property owners and a management company for professional condominium management services.

find out more

Simple Promissory Note No Interest

A Hong Kong law-governed written promise to pay a specified sum of money without interest, commonly used for straightforward debt arrangements.

find out more

Bulk Sale Agreement

A Hong Kong law-governed agreement for bulk sale and purchase of goods, specifying terms, conditions, and compliance requirements for large-quantity transactions.

find out more

Purchase And Sale Agreement Form

A Hong Kong law-governed agreement documenting the sale and purchase of assets, goods, or property, setting out key terms and conditions of the transaction.

find out more

Restaurant Purchase Agreement

A Hong Kong law-governed agreement for the sale and purchase of a restaurant business, including assets, licenses, and operational elements.

find out more

Business Purchase Agreement

A Hong Kong law-governed agreement detailing the terms and conditions for the purchase and sale of a business, including assets, liabilities, and operational transfer provisions.

find out more

Vehicle Sales Agreement

A Hong Kong law-governed agreement for the sale and purchase of vehicles, covering ownership transfer, payment terms, and regulatory compliance.

find out more

Sales Agreement Contract

A Hong Kong law-governed agreement detailing terms and conditions for the sale of goods between parties, including pricing, delivery, and warranties.

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.