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Land Sell Agreement Form
"I need a Land Sale Agreement Form for selling my residential apartment in North Point, Hong Kong, with completion scheduled for March 2025; the property is currently mortgage-free and will be sold with vacant possession."
1. Parties: Identification and details of the Vendor and Purchaser
2. Background: Context of the transaction and brief description of the property
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Sale and Purchase: Core agreement to sell and purchase the property
5. Purchase Price: Purchase price, payment terms, and deposit arrangements
6. Completion: Completion date, requirements, and procedures
7. Title and Documentation: Requirements for proving good title and handling of documentation
8. Vendor's Representations and Warranties: Warranties about property ownership, condition, and encumbrances
9. Property Condition: State and condition of the property upon sale
10. Risk and Insurance: Transfer of risk and insurance obligations
11. Vacant Possession: Obligation to deliver vacant possession on completion
12. Stamp Duty: Responsibilities for stamp duty payment
13. Costs: Allocation of legal and other transaction costs
14. Default: Consequences of default by either party
15. Notices: Method and requirements for serving notices
16. General Provisions: Miscellaneous legal provisions including governing law
1. Existing Tenancies: Details of existing tenancies if property is sold subject to tenancies
2. Mortgage Status: Provisions regarding existing mortgage if property is mortgaged
3. Property Management: Specific provisions about management fees and arrangements if property is in managed building
4. Car Parking Space: Additional provisions if car parking space is included in sale
5. Renovation Works: Provisions regarding ongoing or planned renovation works
6. Government Lease Conditions: Special conditions from government lease that affect property use
7. Building Orders: Provisions dealing with existing building orders or unauthorized structures
8. Developer's Consent: Required for properties with unexpired consent requirements from developer
1. Schedule 1 - Property Details: Detailed description of the property including lot number, address, and registered details
2. Schedule 2 - Purchase Price Payment Schedule: Breakdown of purchase price payments including deposits and completion payment
3. Schedule 3 - Title Documents: List of title documents and certified copies to be delivered
4. Schedule 4 - Fixtures, Fittings and Chattels: Inventory of items included/excluded from sale
5. Appendix A - Property Floor Plan: Floor plan showing property boundaries and dimensions
6. Appendix B - Land Search Documents: Recent land search results showing title and encumbrances
7. Appendix C - Completion Documents: List of documents required for completion
8. Appendix D - Existing Tenancy Agreement: Copy of existing tenancy agreement if applicable
Authors
Assignment
Business Day
Completion
Completion Date
Deposit
Encumbrances
Government Lease
Government Rent
Hong Kong
Land Registry
Management Fee
Mortgage
Part
Parties
Property
Purchase Price
Purchaser
Rates
Schedule
Solicitors
Stamp Duty
Title Documents
Transaction Documents
Vacant Possession
Vendor
Working Day
Building Manager
Deed of Mutual Covenant
Fixtures and Fittings
Land Search
Management Company
Property Management Fee
Purchase Monies
Requisitions
Special Conditions
Terms and Conditions
Undischarged Mortgage
Utilities Deposits
Property Description
Title
Purchase Price
Payment Terms
Deposit
Completion
Representations and Warranties
Vacant Possession
Risk and Insurance
Property Condition
Encumbrances
Stamp Duty
Due Diligence
Default and Termination
Assignment
Property Management
Government Rent and Rates
Utilities
Force Majeure
Notices
Costs and Expenses
Governing Law
Dispute Resolution
Entire Agreement
Severability
Further Assurance
Third Party Rights
Time of Essence
Confidentiality
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Management
Real Estate Investment
Urban Development
Commercial Property
Residential Property
Legal
Real Estate
Property Management
Compliance
Operations
Finance
Investment
Sales
Business Development
Risk Management
Real Estate Lawyer
Property Manager
Real Estate Agent
Property Developer
Legal Counsel
Conveyancing Manager
Real Estate Investment Manager
Property Acquisition Manager
Corporate Lawyer
Compliance Officer
Real Estate Director
Land Administration Officer
Property Transaction Coordinator
Real Estate Operations Manager
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