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Lease Transfer Form Template for Hong Kong

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Key Requirements PROMPT example:

Lease Transfer Form

"I need a Lease Transfer Form for transferring my retail shop lease in Central, Hong Kong to a new tenant effective March 1, 2025, with landlord's consent required and an existing security deposit of HKD 100,000 to be transferred."

Document background
The Lease Transfer Form is a crucial document in Hong Kong's property market, used when an existing tenant wishes to transfer their lease obligations to another party before the original lease term expires. This document is essential for ensuring compliance with Hong Kong's property laws and regulations, particularly the Landlord and Tenant (Consolidation) Ordinance. It captures all necessary details including party information, property details, original lease terms, and transfer conditions. The form is commonly used in both commercial and residential contexts, requiring careful completion to ensure all legal requirements are met and the interests of all parties are protected. It must typically be stamped at the Inland Revenue Department and may need to be registered at the Land Registry depending on the lease term.
Suggested Sections

1. Parties: Details of the existing tenant (transferor), new tenant (transferee), and landlord

2. Original Lease Details: Information about the original lease including date, parties, and property address

3. Transfer Declaration: Formal statement of transfer of lease rights and obligations

4. Property Description: Detailed description of the leased premises being transferred

5. Transfer Date: Effective date of the lease transfer

6. Consideration: Details of any payment made for the transfer

7. Execution Block: Signature blocks for all parties with dates and witness provisions

Optional Sections

1. Landlord's Consent: Section for landlord's formal consent (required if the original lease mandates landlord's consent for transfer)

2. Outstanding Amounts: Declaration of any outstanding rent, utilities, or other payments (include if there are any pending payments)

3. Deposit Transfer: Details of security deposit transfer arrangements (include if there's an existing deposit)

4. Conditions Precedent: Any conditions that must be met before the transfer becomes effective

5. Agent Details: Information about any agents involved in the transfer (include if applicable)

Suggested Schedules

1. Schedule 1 - Original Lease: Copy or key details of the original lease agreement

2. Schedule 2 - Property Inventory: List of fixtures, fittings, and items included in the transfer

3. Schedule 3 - Outstanding Matters: List of any outstanding obligations or payments

4. Appendix A - Required Documents: Checklist of required documents including ID proofs and company documents if applicable

5. Appendix B - Consent Letters: Copies of relevant consent letters from landlord or other parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




























Clauses























Relevant Industries

Real Estate

Retail

Commercial Office

Industrial

Hospitality

Healthcare

Education

Financial Services

Technology

Manufacturing

Logistics

Professional Services

Relevant Teams

Legal

Operations

Administration

Facilities Management

Real Estate

Compliance

Property Management

Asset Management

Contract Management

Corporate Services

Relevant Roles

Property Manager

Facility Manager

Real Estate Manager

Legal Counsel

Company Secretary

Operations Manager

Administrative Officer

Compliance Officer

Lease Administrator

Asset Manager

Property Officer

Real Estate Agent

Tenant Relations Manager

Contract Administrator

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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