Real Estate Offer Form Template for Hong Kong

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Key Requirements PROMPT example:

Real Estate Offer Form

"I need a Real Estate Offer Form for a Hong Kong residential apartment purchase, with completion planned for March 2025, including standard payment terms with a 5% initial deposit and mortgage financing conditions."

Document background
The Real Estate Offer Form is a crucial document in Hong Kong's property transaction process, serving as the formal instrument through which potential buyers communicate their interest and terms for purchasing a property. This document is typically used at the initial stage of a property transaction, after property viewing but before the formal Sale and Purchase Agreement. It contains essential information including property details, offer price, payment terms, completion timeline, and any special conditions. The form must comply with Hong Kong's legal requirements, particularly the Estate Agents Ordinance and Conveyancing and Property Ordinance, and serves as the foundation for further negotiation and eventual property transfer. It's designed to protect both parties' interests by clearly documenting the proposed terms of the transaction.
Suggested Sections

1. Property Details: Complete description of the property including address, floor area, parking spaces, and other physical characteristics

2. Offer Price: The proposed purchase price in both numbers and words, currency specification

3. Payment Terms: Details of how and when payment will be made, including initial deposit, further deposit, and completion payment

4. Purchaser Information: Full legal name(s), HKID/passport numbers, correspondence address of the potential buyer(s)

5. Vendor Information: Full legal name(s) and correspondence address of the current property owner(s)

6. Completion Timeline: Proposed completion date and important milestone dates

7. Property Inspection Declaration: Confirmation of property inspection status and condition acknowledgment

8. Estate Agent Details: Information about the estate agent(s) involved, including license numbers

9. Offer Validity Period: Duration for which the offer remains valid and binding

10. Signature Block: Space for signatures, dates, and witness details if required

Optional Sections

1. Special Conditions: Any special terms or conditions specific to this offer, used when there are unique circumstances or requirements

2. Existing Tenancy: Details of any existing tenancy agreements, used when the property is currently leased

3. Furniture and Fixtures: List of items included/excluded in the sale, used when specific items are being negotiated

4. Mortgage Requirement: Details of any mortgage arrangements or conditions, used when purchase is subject to mortgage approval

5. Building Management: Information about building management fees and special funds, used for properties in managed buildings

6. Defects Liability: Special provisions for newly completed properties, used for first-hand property sales

Suggested Schedules

1. Schedule 1: Property Inventory: Detailed list of fixtures, fittings, and furniture included in the sale

2. Schedule 2: Property Floor Plan: Floor plan showing the layout and dimensions of the property

3. Schedule 3: Recent Renovation Works: List of any recent renovations or modifications to the property

4. Appendix A: Property Ownership Documents: Copies of relevant title documents and land search

5. Appendix B: Property Condition Photos: Recent photographs documenting the current condition of the property

6. Appendix C: Building Management Information: Details of management fees, special fund contributions, and house rules

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 Industries

Real Estate

Property Development

Banking and Finance

Legal Services

Property Management

Construction

Insurance

Investment Management

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Sales

Documentation

Risk Management

Investment

Client Relations

Operations

Relevant Roles

Real Estate Agent

Property Manager

Legal Counsel

Conveyancing Lawyer

Mortgage Broker

Property Valuer

Banking Officer

Investment Advisor

Property Developer

Compliance Officer

Real Estate Investment Manager

Transaction Manager

Property Consultant

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

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