Real Estate Security Agreement Template for Hong Kong

1. Security Agent Provisions: Required when security is held by an agent on behalf of multiple beneficiaries

2. Further Advances: Include when the security will secure future advances under a facility

3. Property Management: Include for commercial properties requiring specific management provisions

4. Rental Assignment: Include when the security includes assignment of rental income

5. Insurance Requirements: Detailed insurance provisions for high-value or commercial properties

6. Environmental Matters: Include for industrial properties or where environmental risks exist

7. Construction Obligations: Include when property is under development or construction

8. Multiple Properties: Additional provisions for security over multiple properties

1. Property Description: Detailed legal description of the secured property, including lot number and address

2. Form of Notices: Standard forms for enforcement and other notices

3. Secured Obligations: Detailed description of secured facilities or obligations

4. Insurance Requirements: Specific insurance requirements and minimum coverage

5. Form of Transfer Certificate: Standard form for transferring rights under the security

6. Existing Encumbrances: List of permitted existing encumbrances on the property

7. Property Management Terms: Detailed property management requirements and standards

8. Required Authorizations: List of required governmental and regulatory approvals