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Deed Of Sale For Lot
"I need a Deed of Sale for Lot for a commercial property transaction in Kowloon, Hong Kong, with completion scheduled for March 15, 2025, where the buyer is a corporate entity and the property will be delivered with vacant possession."
1. Parties: Identifies and defines all parties to the deed, including full legal names, addresses, and incorporation details if applicable
2. Background: Sets out the context of the transaction, including current ownership status and intention to sell/purchase
3. Definitions: Defines key terms used throughout the deed
4. Property Description: Detailed description of the lot including lot number, location, dimensions, and registered details
5. Consideration: States the purchase price and payment terms
6. Title Guarantee: Seller's warranties regarding ownership and right to sell
7. Completion: Details of completion date, time, and place
8. Vacant Possession: Commitment to deliver vacant possession on completion
9. Rights and Easements: Details of any rights, easements, or covenants affecting the property
10. Representations and Warranties: Standard warranties given by both parties
11. Stamp Duty: Provisions regarding payment of stamp duty
12. Execution: Formal execution block meeting Hong Kong deed requirements
1. Existing Tenancies: Required if the property is sold subject to existing tenancies
2. Planning Restrictions: Include if specific planning conditions or restrictions affect the property
3. Environmental Matters: Required if environmental issues or contamination concerns exist
4. Building Orders: Include if there are outstanding building orders or notices
5. Property Management: Required for properties in managed developments
6. Deposits Held: Include if managing existing tenant deposits
7. Development Potential: Include if selling with specific development rights or potential
8. Government Lease Conditions: Required if special conditions in government lease affect use or development
1. Schedule 1 - Property Details: Detailed property description, including lot number, address, and registered particulars
2. Schedule 2 - Title Documents: List of all relevant title documents and encumbrances
3. Schedule 3 - Property Plan: Plans showing the lot boundaries and location
4. Schedule 4 - Existing Tenancies: Details of any existing tenancies affecting the property
5. Schedule 5 - Fixtures and Fittings: List of included and excluded fixtures and fittings
6. Appendix A - Land Search: Recent land search results showing current registration status
7. Appendix B - Government Lease: Copy of relevant government lease conditions
8. Appendix C - Completion Requirements: Checklist of documents required for completion
Authors
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Investment
Urban Planning
Commercial Property
Residential Property
Industrial Property
Legal
Real Estate
Property Management
Facilities Management
Operations
Compliance
Finance
Asset Management
Investment
Development
Corporate Secretarial
Risk Management
Legal Counsel
Property Lawyer
Real Estate Manager
Property Development Manager
Conveyancing Manager
Land Surveyor
Property Investment Director
Real Estate Agent
Property Operations Manager
Facilities Manager
Asset Manager
Company Secretary
Compliance Officer
Property Portfolio Manager
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