Theft Waiver Template for Hong Kong

A Theft Waiver is a legal document governed by Hong Kong law that establishes an agreement between a property owner or service provider and a user/customer, where the provider agrees to waive their right to claim compensation for theft-related losses under specific circumstances. The document outlines the scope of coverage, conditions for validity, claim procedures, and exclusions while ensuring compliance with Hong Kong's Theft Ordinance, Contract Law, and related regulations. It serves as a risk management tool particularly valuable in rental, leasing, and temporary property possession scenarios.

Typically:
i
This cost is based on prices provided by
6 legal services in your market.
With Genie AI:

£0

i
Generate and export your first
document completely free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free
Upload to review

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Theft Waiver?

This document is essential for businesses operating in Hong Kong that involve temporary transfer or possession of valuable property. The Theft Waiver serves as a risk management instrument that protects both providers and users by clearly defining responsibilities and coverage in theft-related incidents. It is commonly used in rental agreements, equipment leasing, and similar arrangements where temporary possession of assets is involved. The document must comply with Hong Kong's legal framework, including the Theft Ordinance (Cap. 210) and Contract Law, while providing clear terms for coverage, exclusions, and claim procedures. It's particularly relevant in today's sharing economy and rental-based business models, where clear allocation of risk and responsibility is crucial.

What sections should be included in a Theft Waiver?

1. Parties: Identification of the waiver provider and the protected party/parties

2. Background: Context of the waiver agreement and its relationship to any main agreement (e.g., rental agreement)

3. Definitions: Key terms used throughout the document including 'theft', 'covered property', 'claim period', etc.

4. Scope of Coverage: Detailed description of what items and circumstances are covered under the waiver

5. Waiver Terms: Specific conditions under which the waiver will apply and the provider will waive claims against the protected party

6. Exclusions: Specific circumstances, actions, or types of theft that are not covered by the waiver

7. Claims Procedure: Process for reporting theft and making claims under the waiver

8. Fees and Payments: Cost of the waiver and payment terms if applicable

9. Duration and Termination: Period of coverage and circumstances for termination

10. General Provisions: Standard contractual terms including governing law, notices, and amendment procedures

What sections are optional to include in a Theft Waiver?

1. Special Value Items: Additional terms for high-value items requiring specific declaration or treatment

2. International Coverage: Terms specific to theft occurring outside Hong Kong, if applicable

3. Security Requirements: Specific security measures that must be maintained for the waiver to be valid

4. Insurance Coordination: Terms regarding coordination with other insurance policies

5. Additional Services: Any additional services provided alongside the theft waiver (e.g., security consultation)

6. Force Majeure: Terms dealing with extraordinary circumstances affecting the waiver coverage

What schedules should be included in a Theft Waiver?

1. Schedule 1 - Covered Property: Detailed list or categories of property covered by the waiver

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees and charges if applicable

3. Schedule 3 - Claim Forms: Standard forms and documentation required for making a claim

4. Appendix A - Security Guidelines: Recommended or required security measures for maintaining waiver validity

5. Appendix B - Excluded Items: Comprehensive list of items or situations explicitly excluded from coverage

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

Jurisdiction

Hong Kong

Publisher

Genie AI

Document Type

Intake Form

Cost

Free to use

Find the exact document you need

General Indemnity Agreement Surety

A Hong Kong law-governed agreement establishing indemnification obligations to a surety company for losses arising from issued bonds.

Download

CPA Engagement Letter

A Hong Kong-compliant engagement letter establishing the terms of service between a CPA firm and its client, governed by HKICPA standards.

Download

Insurance Waiver Form

A Hong Kong-compliant legal document allowing voluntary waiver of specific insurance coverage or benefits, subject to local insurance regulations and consumer protection laws.

Download

Consulting Firm Contract

A Hong Kong law-governed agreement establishing terms and conditions between a consulting firm and client for professional consulting services.

Download

Medical Claim Form

A Hong Kong-compliant form for processing medical insurance claims, capturing essential patient, treatment, and payment information.

Download

Clinic Receipt

A Hong Kong-compliant medical receipt documenting healthcare services provided and payment received, meeting local regulatory and tax requirements.

Download

Accounting Client Intake Form

A Hong Kong-compliant accounting client intake form for collecting essential client information and establishing professional service relationships.

Download

Employment Income Verification Letter

A formal Hong Kong employer-issued document confirming an employee's employment status and income details, commonly used for banking, immigration, and housing purposes.

Download

Massage Consent Form

A Hong Kong-compliant massage therapy consent form capturing health information, informed consent, and service parameters under local regulations.

Download

Massage Client Intake Form

A Hong Kong-compliant massage therapy intake form that captures client health information, preferences, and consent while meeting local data protection and healthcare requirements.

Download

Theft Waiver

A Hong Kong law-governed document that waives the provider's right to claim compensation for theft-related losses from users/customers under specified conditions.

Download

Procurement Cover Letter With Experience

A formal business document used in Hong Kong to present a company's capabilities and experience when responding to procurement opportunities, following local procurement regulations and business practices.

Download

New Articles Of Incorporation

A foundational legal document under Hong Kong law that establishes a company's constitutional framework and governance structure.

Download

Marriage Witness Affidavit

A sworn legal document under Hong Kong law confirming an individual's witness of a marriage ceremony, made before a Commissioner for Oaths or Notary Public.

Download
See more related templates

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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it