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Real Estate Contract Form
"I need a Real Estate Contract Form for a luxury residential property sale in Hong Kong's Mid-Levels area, with completion scheduled for March 2025, including provisions for existing tenancy and sale of furniture."
1. Parties: Identification and details of the Vendor and Purchaser, including Hong Kong Identity Card numbers or Company Registration details
2. Background: Context of the transaction and brief description of the property being transferred
3. Definitions: Definitions of key terms used throughout the agreement, including specific Hong Kong real estate terminology
4. Property Details: Comprehensive description of the property including lot number, address, and registered details as per Land Registry
5. Purchase Price: The agreed purchase price and payment structure, including initial deposit and completion payment
6. Payment Terms: Detailed payment schedule, method of payment, and consequences of default
7. Completion: Completion date, procedures, and requirements for completion of the sale and purchase
8. Title and Documents: Vendor's obligations regarding proof of title and delivery of necessary documents
9. Representations and Warranties: Standard warranties about property ownership, conditions, and encumbrances
10. Stamp Duty: Provisions regarding payment of stamp duty and other applicable taxes
11. Termination: Circumstances under which the agreement may be terminated and consequences
12. Governing Law: Confirmation of Hong Kong law as governing law and jurisdiction
1. Tenancy Provisions: Required when the property is sold with existing tenancy, detailing handling of rental deposits and tenancy agreements
2. Mortgage Details: Required when the property is being sold subject to an existing mortgage or the purchase is mortgage-financed
3. Car Parking Space: Required when the sale includes a parking space, detailing its specific terms
4. Furniture and Fittings: Required when the sale includes furniture or fittings, listing included items
5. Property Management: Required for properties in managed buildings, detailing management fees and obligations
6. Pre-existing Defects: Required when specific property defects are known and acknowledged
7. Agent Commission: Required when property agents are involved in the transaction
1. Schedule 1 - Property Description: Detailed property description including floor plans and area measurements
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment installments and timing
3. Schedule 3 - Title Documents: List of title documents and their copies to be delivered
4. Schedule 4 - Inventory: Detailed list of furniture and fittings included in the sale, if applicable
5. Appendix A - Property Plans: Floor plans, location maps, and other relevant drawings
6. Appendix B - Prescribed Information Form: Standard form containing essential property information as required by Hong Kong law
7. Appendix C - Land Search Documents: Recent land search results and relevant Land Registry documents
Authors
Assignment
Building
Business Day
Car Parking Space
Completion
Completion Date
Consideration
Deed of Mutual Covenant
Deposit
Encumbrances
Estate
Government Grant
Government Lease
Government Rent
Hong Kong
Land Registry
Management Fee
Mortgage
Mortgagee
Order and Conditions
Part
Parties
Property
Purchase Price
Purchaser
Rates
Schedule
Share(s)
Solicitors
Special Condition(s)
Stamp Duty
Title Documents
Undivided Shares
Vendor
Working Day
Property Description
Title
Purchase Price
Payment Terms
Deposit
Completion
Representations and Warranties
Property Inspection
Vacant Possession
Existing Tenancies
Property Management
Stamp Duty
Land Registration
Risk and Insurance
Default
Termination
Force Majeure
Assignment
Costs and Expenses
Notices
Time of Essence
Governing Law
Dispute Resolution
Entire Agreement
Severability
Joint and Several Liability
Further Assurance
Amendments
Waiver
Real Estate
Property Development
Legal Services
Banking and Finance
Property Management
Construction
Property Investment
Real Estate Agency Services
Legal
Real Estate
Compliance
Property Management
Conveyancing
Contract Administration
Property Development
Risk Management
Documentation
Real Estate Lawyer
Property Agent
Conveyancing Manager
Legal Counsel
Property Manager
Compliance Officer
Real Estate Director
Property Investment Manager
Bank Manager
Title Officer
Real Estate Partner
Property Development Manager
Contract Administrator
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