Lease And Sale Agreement 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 Lease And Sale Agreement

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:

Lease And Sale Agreement

"I need a Lease and Sale Agreement for a commercial warehouse in Kwai Chung, Hong Kong, where my company will sell the property for HKD 45 million but continue leasing it back for 5 years starting March 2025, with an option to extend for another 3 years."

Document background
The Lease and Sale Agreement is a specialized legal instrument used in Hong Kong's dynamic property market when parties wish to combine property sale and leasing arrangements in a single transaction. This document is particularly useful in commercial sale-leaseback arrangements, property investment scenarios, or when businesses are restructuring their real estate holdings. It encompasses all necessary elements required under Hong Kong law, including property transfer provisions, lease terms, payment schedules, and relevant warranties. The agreement must comply with various Hong Kong ordinances, including stamp duty requirements and registration procedures. It serves as a comprehensive record of both the property transfer and the ongoing landlord-tenant relationship, making it essential for property investors, businesses, and individuals engaging in such complex real estate transactions.
Suggested Sections

1. Parties: Identification of the seller/landlord and buyer/tenant, including full legal names, addresses, and registration numbers for companies

2. Background: Context of the transaction, including property history and purpose of the agreement

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

4. Sale Provisions: Terms and conditions of the property sale, including purchase price and payment terms

5. Property Details: Detailed description of the property, including address, lot number, and registered particulars

6. Lease Terms: Essential lease provisions including duration, rent amount, and payment schedule

7. Conditions Precedent: Conditions that must be satisfied before completion of the sale

8. Completion: Details of the completion process, timing, and requirements

9. Representations and Warranties: Statements of fact and promises by both parties regarding the property and transaction

10. Maintenance and Repairs: Responsibilities for property maintenance and repairs during the lease period

11. Insurance: Insurance requirements for both parties

12. Default and Remedies: Consequences of breach and available remedies

13. Termination: Circumstances and procedures for terminating the agreement

14. Notices: Methods and addresses for formal communications between parties

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

16. Execution: Signature blocks and execution requirements

Optional Sections

1. Security Deposit: Terms for security deposit if required - used when additional security is needed

2. Option to Purchase: Terms for tenant's option to purchase - used in rent-to-own arrangements

3. Management Fees: Details of management fees for properties in managed buildings

4. Alterations and Improvements: Terms for making changes to the property - used when renovations are anticipated

5. Assignment and Subletting: Terms for transferring rights - used when flexibility might be needed

6. Break Clause: Early termination provisions - used for longer lease terms

7. Environmental Matters: Environmental warranties and obligations - used for industrial properties

8. Planning and Zoning: Confirmation of proper land use - used for commercial properties

9. Mortgage Provisions: Terms relating to existing or new mortgages - used when property is mortgaged

Suggested Schedules

1. Schedule 1 - Property Description: Detailed legal description of the property, including boundaries and floor plans

2. Schedule 2 - Inventory: List of fixtures, fittings, and furniture included in the sale and lease

3. Schedule 3 - Payment Schedule: Detailed breakdown of purchase price installments and rent payments

4. Schedule 4 - Condition Report: Detailed report on the condition of the property at the time of sale

5. Schedule 5 - Building Rules: Rules and regulations for properties in managed buildings

6. Appendix A - Property Title Documents: Copies of relevant title documents and land search

7. Appendix B - Certificates: Relevant certificates including occupation permit and structural safety certificates

8. Appendix C - Plans: Floor plans, location maps, and any approved renovation plans

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

Commercial Property

Residential Property

Retail

Industrial

Hospitality

Office Space

Mixed-Use Development

Manufacturing

Warehousing

Professional Services

Relevant Teams

Legal

Real Estate

Operations

Finance

Compliance

Property Management

Facilities Management

Asset Management

Risk Management

Contract Administration

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Contract Manager

Facilities Manager

Real Estate Investment Manager

Property Development Director

Asset Manager

Operations Director

Chief Financial Officer

Commercial Director

Compliance Officer

Real Estate Analyst

Property Administrator

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

Sublease Car Contract

A Hong Kong-governed agreement allowing a vehicle lessee to sublease their vehicle to another party, subject to local transportation and insurance regulations.

find out more

Permission To Release Medical Records

A Hong Kong-compliant authorization form for the release of medical records, ensuring adherence to local privacy laws and healthcare regulations.

find out more

Business Solicitation Letter

A formal business communication document used in Hong Kong to propose business opportunities or services, compliant with local regulations.

find out more

Lease And Sale Agreement

A Hong Kong law-governed agreement combining property sale and lease arrangements in a single document, facilitating simultaneous transfer of ownership and tenancy establishment.

find out more

Office Space Lease Agreement

A Hong Kong-governed agreement establishing terms and conditions for commercial office space leasing, including rights and obligations of landlord and tenant.

find out more

Sublease Agreement

A Hong Kong law-governed agreement allowing a tenant to lease their rented property to another party, outlining all essential terms and conditions of the sublease arrangement.

find out more

Roommate Lease Agreement

A Hong Kong-governed agreement establishing terms and conditions for shared residential occupancy between multiple roommates.

find out more

Tenant Acknowledgement Letter

A Hong Kong law-governed document confirming a tenant's receipt or understanding of specific tenancy-related matters.

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.