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Sale And Purchase Deed
"I need a Sale and Purchase Deed for a commercial property transaction in Hong Kong's Central district, where the property is currently leased to multiple tenants and completion is planned for March 2025, with special provisions needed for tenant management during the transition period."
1. Parties: Identification of the Vendor and Purchaser with full legal names and addresses
2. Background: Recitals stating the Vendor's ownership of the Property and intention to sell
3. Definitions: Definitions of key terms used throughout the deed including 'Property', 'Completion Date', 'Purchase Price'
4. Agreement to Sell and Purchase: Core agreement where Vendor agrees to sell and Purchaser agrees to buy the Property
5. Purchase Price: Statement of the purchase price and payment terms including deposits and completion payment
6. Property Description: Detailed description of the property including lot number, address, and registered details
7. Title Requirements: Vendor's obligations regarding proof of title and addressing title defects
8. Completion: Details of completion arrangements, timing, and requirements
9. Vendor's Warranties: Warranties regarding property ownership, encumbrances, and condition
10. Risk and Insurance: Provisions regarding risk transfer and insurance requirements
11. Notices: Process for serving notices between parties
12. Governing Law: Confirmation of Hong Kong law as governing law
13. Execution: Execution blocks for all parties including witness requirements
1. Conditions Precedent: Used when completion is subject to specific conditions being met
2. Mortgage Details: Required if the property is being sold subject to an existing mortgage
3. Tenancy Provisions: Required if the property is sold subject to existing tenancies
4. Tax Indemnity: Used when specific tax arrangements or indemnities are required
5. Property Management: Required for properties in managed buildings or estates
6. Vacant Possession: Required when specific arrangements for vacant possession are needed
7. Joint Ownership Provisions: Required when the purchaser consists of multiple parties
8. Powers of Attorney: Required when any party is acting through an attorney
1. Schedule 1 - Property Details: Detailed property description including boundaries, fixtures, and fittings
2. Schedule 2 - Title Documents: List of title documents and encumbrances
3. Schedule 3 - Completion Requirements: Detailed list of documents required for completion
4. Schedule 4 - Form of Transfer: Prescribed form of assignment or transfer deed
5. Appendix A - Property Plans: Floor plans and location maps of the property
6. Appendix B - Inventory: List of included fixtures, fittings, and chattels
7. Appendix C - Existing Tenancies: Details of any existing tenancy agreements (if applicable)
8. Appendix D - Property Photographs: Photographs documenting the condition of the property
Authors
Assignment
Building
Business Day
Completion
Completion Date
Deed of Mutual Covenant
Encumbrances
Estate
Government Grant
Government Lease
Government Rent
Hong Kong
Land Registry
Management Fee
Mortgage
Mortgagee
Parties
Property
Purchase Price
Purchaser
Rates
Registration Fees
Related Documents
Shares in the Land
Stamp Duty
Title Documents
Undivided Shares
Vacant Possession
Vendor
Working Day
Property Description
Title Covenants
Purchase Price
Payment Terms
Completion Requirements
Representations and Warranties
Risk and Insurance
Assignment
Vacant Possession
Conditions Precedent
Property Inspection
Title Investigation
Encumbrances
Default Provisions
Stamp Duty
Registration Requirements
Costs and Expenses
Notices
Further Assurance
Entire Agreement
Severability
Governing Law
Dispute Resolution
Force Majeure
Joint and Several Liability
Time of Essence
Successors and Assigns
Real Estate
Banking and Finance
Property Development
Construction
Legal Services
Investment Management
Property Management
Commercial Property
Residential Property
Retail Property
Legal
Real Estate
Compliance
Property Management
Facilities Management
Asset Management
Investment
Operations
Company Secretarial
Risk Management
Legal Counsel
Property Lawyer
Real Estate Manager
Property Director
Compliance Officer
Contract Manager
Company Secretary
Real Estate Agent
Property Developer
Investment Manager
Facilities Manager
Asset Manager
Transaction Manager
Property Portfolio Manager
Legal Director
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