Joint Purchase Agreement Template for Hong Kong

1. Financing Arrangements: Include when the purchase involves external financing or loans, detailing lending terms and responsibilities

2. Property Management: Include for real estate purchases requiring specific property management arrangements

3. Insurance Requirements: Include when specific insurance coverage is required for the purchased asset

4. Tax Matters: Include when there are specific tax arrangements or implications that need to be addressed

5. Right of First Refusal: Include when co-purchasers want the right to buy others' shares before external sale

6. Special Purpose Vehicle: Include when the purchase is made through a separate legal entity

7. Rental Income Distribution: Include for investment properties generating rental income

8. Default Provisions: Include detailed consequences of default when there are significant financial obligations

1. Schedule 1 - Asset Details: Detailed description of the asset being purchased, including specifications and condition

2. Schedule 2 - Payment Schedule: Breakdown of payment amounts, dates, and responsibility allocation

3. Schedule 3 - Ownership Proportions: Detailed breakdown of ownership percentages and corresponding rights

4. Schedule 4 - Management Procedures: Detailed procedures for day-to-day management and decision-making

5. Schedule 5 - Maintenance Schedule: Details of required maintenance activities and cost allocation

6. Appendix A - Property Documents: Copies of relevant property documentation (for real estate purchases)

7. Appendix B - Valuation Report: Independent valuation of the asset (if applicable)

8. Appendix C - Financial Contributions: Record of initial and ongoing financial contributions by each party