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Closed Deed Of Sale
"I need a Closed Deed of Sale for a residential apartment in Hong Kong, with completion scheduled for March 15, 2025, including standard provisions for vacant possession and a three-payment structure for the purchase price."
1. Parties: Full legal names and addresses of the Vendor and Purchaser
2. Background: Context of the sale and brief description of the property being sold
3. Definitions: Definitions of key terms used throughout the deed
4. Agreement for Sale: Core agreement clause stating the vendor's agreement to sell and the purchaser's agreement to buy
5. Purchase Price: Specification of the purchase price and payment terms
6. Completion: Details of completion date, time, and place, and completion obligations
7. Title and Property: Warranties regarding title and property condition
8. Vendor's Obligations: Pre-completion and completion obligations of the vendor
9. Purchaser's Obligations: Pre-completion and completion obligations of the purchaser
10. Risk and Insurance: Provisions regarding risk transfer and insurance requirements
11. Default: Consequences of default by either party
12. Notices: Process for serving notices under the deed
13. Governing Law: Confirmation of Hong Kong law as governing law
14. Execution: Formal execution blocks for all parties
1. Conditions Precedent: Used when completion is subject to specific conditions being met
2. Existing Tenancies: Required when the property is sold subject to existing tenancies
3. Mortgage Discharge: Included when the property is being sold subject to an existing mortgage
4. Provisional Period: Used when there's a period between preliminary agreement and formal deed
5. Property Management: Required for properties in managed buildings or estates
6. Fixtures and Fittings: Detailed when specific items are included/excluded from sale
7. Tax Indemnity: Used when specific tax arrangements or indemnities are required
8. Agency: Required when real estate agents are involved in the transaction
1. Schedule 1 - Property Description: Detailed legal description of the property including lot number, address, and registered details
2. Schedule 2 - Purchase Price Breakdown: Detailed breakdown of purchase price, deposits, and payment schedule
3. Schedule 3 - Completion Requirements: List of documents to be delivered on completion
4. Schedule 4 - Fixtures and Fittings: Inventory of items included in the sale
5. Schedule 5 - Existing Encumbrances: Details of any existing encumbrances affecting the property
6. Appendix A - Property Plans: Floor plans and location maps of the property
7. Appendix B - Title Documents: Copies of relevant title documents and land search
8. Appendix C - Certificates: Relevant certificates including occupation permit and deed of mutual covenant
Authors
Business Day
Completion
Completion Date
Consideration
Deed of Mutual Covenant
Encumbrances
Government Lease
Government Rent
Hong Kong
Land Registry
Management Fee
Occupation Permit
parties
Property
Purchase Price
Purchaser
Purchaser's Solicitors
Rates
Related Documents
Stamp Duty
Title Documents
Transaction Documents
Vendor
Vendor's Solicitors
Working Day
Assignment
Building
Building Manager
Common Areas
Deposit
Estate
Fixtures and Fittings
Further Deposit
Initial Deposit
Land
Material Date
Preliminary Agreement
Property Management Office
Requisitions
Special Conditions
Specified Rate
Standard Terms
Undivided Shares
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Title
Property Condition
Warranties and Representations
Completion
Vacant Possession
Risk and Insurance
Default
Termination
Assignment
Stamp Duty
Land Registration
Property Management
Existing Tenancies
Encumbrances
Notices
Further Assurance
Costs
Entire Agreement
Severability
Waiver
Force Majeure
Governing Law
Jurisdiction
Execution
Time of Essence
Real Estate
Property Development
Legal Services
Banking and Finance
Property Management
Construction
Investment
Commercial Property
Residential Property
Corporate Services
Legal
Real Estate
Compliance
Property Management
Corporate Secretarial
Operations
Finance
Investment
Risk Management
Administration
Legal Counsel
Property Lawyer
Real Estate Agent
Property Manager
Compliance Officer
Contract Manager
Company Secretary
Property Director
Investment Manager
Bank Manager
Conveyancing Lawyer
Real Estate Director
Chief Legal Officer
Property Administrator
Transaction Manager
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