The Principal Sale and Purchase Agreement is a fundamental legal document used in Hong Kong real estate transactions to formalize property transfers between parties. This document is essential for both residential and commercial property transactions in Hong Kong, incorporating specific requirements under Hong Kong property law, including the Conveyancing and Property Ordinance (Cap. 219) and related legislation. The agreement serves as the primary contract governing the entire transaction, detailing everything from property specifications and purchase price to completion procedures and party obligations. It is typically prepared after initial terms are agreed upon but before any deposit is paid, and forms the basis for the subsequent Assignment or other completion documents. The agreement must comply with Hong Kong's strict requirements regarding property transactions, including provisions for stamp duty, title verification, and registration.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the Vendor and Purchaser
2. Background: Context of the transaction and relationship between the parties
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Sale and Purchase: Core agreement to sell and purchase the property
5. Purchase Price: Amount, payment terms, and method of payment
6. Completion: Completion date, requirements, and procedures
7. Property Title and Documents: Vendor's obligations regarding title and documentation
8. Vendor's Representations and Warranties: Standard warranties about property ownership and condition
9. Purchaser's Representations and Warranties: Confirmations regarding capacity and funding
10. Conditions Precedent: Conditions that must be satisfied before completion
11. Pre-Completion Obligations: Parties' obligations between exchange and completion
12. Default and Termination: Consequences of default and termination rights
13. Stamp Duty: Responsibilities for stamp duty payment
14. Notices: Process for serving notices between parties
15. General Provisions: Standard boilerplate clauses including governing law
1. Mortgage Arrangements: Include when purchaser requires mortgage financing
2. Vacant Possession: Include when property is sold with vacant possession
3. Tenancy Arrangements: Include when property is sold subject to existing tenancies
4. Property Management: Include for properties in managed developments
5. Developer's Consent: Include for properties still under initial sale restrictions
6. Tax Indemnity: Include for commercial properties or special tax circumstances
7. Environmental Matters: Include for industrial properties or known environmental issues
8. Planning Permissions: Include when specific use permissions are relevant
9. Assignment Restrictions: Include when there are restrictions on future transfers
1. Property Description: Detailed description of the property including lot number and address
2. Purchase Price Payment Schedule: Breakdown of payment installments and timing
3. Title Documents: List of title documents and encumbrances
4. Completion Requirements: Detailed list of documents required for completion
5. Existing Tenancies: Details of any existing tenancy agreements
6. Fixtures and Fittings: Inventory of included and excluded items
7. Property Management Details: Management fees and special fund contributions
8. Outstanding Orders: Any building orders or notices affecting the property
9. Form of Assignment: Agreed form of assignment to be executed at completion
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Banking and Finance
Legal Services
Property Management
Construction
Commercial Property
Residential Property
Industrial Property
Retail Property
Relevant Teams
Legal
Real Estate
Property Management
Compliance
Corporate Secretarial
Finance
Operations
Risk Management
Business Development
Investment
Relevant Roles
Property Lawyer
Real Estate Agent
Property Manager
Legal Counsel
Conveyancing Manager
Commercial Director
Property Developer
Bank Manager
Compliance Officer
Real Estate Investment Manager
Property Acquisition Manager
Legal Director
Transaction Manager
Real Estate Portfolio Manager
Find the exact document you need
Annual Review
A Hong Kong-compliant annual performance evaluation document that records employee achievements, sets future objectives, and outlines development plans.
Download
Appraisal Form Filled By Employees
A Hong Kong-compliant employee appraisal form for standardized performance evaluation and professional development planning.
Download
Semi Annual Review
A Hong Kong-compliant semi-annual employee performance evaluation document for structured assessment and development planning.
Download
Safety Risk Assessment
A systematic evaluation of workplace hazards and risks, establishing control measures in compliance with Hong Kong safety regulations.
Download
Probationary Appraisal Form
A Hong Kong-compliant form for evaluating employee performance during probationary periods, supporting decisions on permanent employment status.
Download
Postal ID Authorization Letter
A Hong Kong-compliant legal document authorizing a designated person to collect postal items on behalf of another individual or entity.
Download
Performance Management Form
A Hong Kong-compliant performance evaluation document for assessing and documenting employee performance, objectives, and development goals.
Download
Performance Evaluation For Managers
A Hong Kong-compliant framework for evaluating managerial performance, including assessment criteria and procedures aligned with local employment laws.
Download
360 Degree Feedback Form
A Hong Kong-compliant 360-degree performance evaluation form enabling comprehensive multi-stakeholder feedback on employee performance and competencies.
Download
Training Effectiveness Form
A Hong Kong-compliant evaluation document for assessing training program effectiveness and documenting employee development outcomes.
Download
Property Warranty Deed
A Hong Kong law-governed deed providing warranties and guarantees for property condition, quality, and regulatory compliance, establishing warranty obligations and remedies.
Download
Service Evaluation
A Hong Kong law-governed contract establishing terms and framework for professional service evaluation and assessment processes.
Download
Performance Appraisal Report Of Teachers
A Hong Kong-compliant legal document for formal evaluation of teaching staff performance and professional development in educational institutions.
Download
Teaching Experience Certificate
A formal document issued under Hong Kong education regulations certifying a teacher's employment history and professional experience at an educational institution.
Download
Teacher Evaluation
A Hong Kong-compliant framework for conducting systematic teacher evaluations in educational institutions, aligned with Education Bureau guidelines.
Download
Assessment Evaluation Form
A Hong Kong-compliant evaluation form for documenting professional assessments, performance reviews, and competency evaluations.
Download
Property Easement Agreement
A Hong Kong-governed agreement establishing rights for one property owner to use a specific portion of another owner's land for a defined purpose.
Download
Probationary Assessment Form
A Hong Kong law-compliant form for evaluating employee performance during probationary periods and determining employment status.
Download
Manager Appraisal Form
A structured management performance evaluation form compliant with Hong Kong employment laws, designed for comprehensive assessment of managerial capabilities and leadership effectiveness.
Download
360 Degree Feedback
Hong Kong-governed agreement for implementing and managing 360-degree feedback processes, ensuring compliance with local privacy and employment laws.
Download
Taxi Receipt
A standardized Hong Kong taxi receipt documenting journey details and fares, compliant with local transportation and tax regulations.
Download
Self Evaluation
A Hong Kong-compliant self-assessment document for employees to evaluate their professional performance and development, aligned with local employment laws.
Download
Appraisal
A Hong Kong-law governed agreement setting out terms and conditions for professional property or asset valuation services.
Download
Vending Machine Placement Agreement
A Hong Kong law-governed agreement for the placement and operation of vending machines on premises, including operational terms and revenue arrangements.
Download
Referee Declaration Form
A Hong Kong-compliant formal declaration document for providing references or testimonials about an individual's character, abilities, or qualifications.
Download
Post Prenuptial Agreement
A Hong Kong law-governed agreement between married spouses establishing their rights and obligations regarding financial matters and property division after marriage.
Download
Performance Appraisal Form For HR Manager
A Hong Kong-compliant performance appraisal template for evaluating HR Managers' competencies, achievements, and leadership capabilities.
Download
Individual Employment Contract
Hong Kong law-compliant employment contract template establishing terms and conditions between employer and employee.
Download
Feedback Form For Managers
A Hong Kong-compliant management evaluation form for structured assessment of managerial performance and professional development.
Download
Event Collaboration Agreement
A Hong Kong law-governed agreement establishing terms and conditions for multi-party event collaboration, including roles, responsibilities, and risk allocation.
Download
Training Evaluation Form For Employees
A Hong Kong-compliant form for evaluating employee training programs, gathering feedback on training effectiveness while adhering to local data protection requirements.
Download
Trainer Performance Evaluation Form
A Hong Kong-compliant performance evaluation form for assessing trainer effectiveness, competencies, and professional development.
Download
Self Evaluation Document
A Hong Kong-compliant self-assessment document used by employees to evaluate their performance, achievements, and development areas as part of the formal review process.
Download
Restaurant Purchase Contract
A Hong Kong law-governed agreement for the purchase and sale of a restaurant business, including transfer of assets, licenses, employees, and operational rights.
Download
Pipeline Agreement
A Hong Kong law-governed agreement regulating the construction, operation, and maintenance of pipeline infrastructure, including regulatory compliance and operational requirements.
Download
Performance Appraisal Form For Customer Service
A Hong Kong-compliant performance appraisal template for evaluating customer service personnel's competencies and achievements.
Download
New Hire Contract
A Hong Kong law-governed employment agreement establishing terms and conditions for new hires in compliance with local employment regulations.
Download
Memorandum Of Understanding Share Purchase
A preliminary agreement under Hong Kong law outlining proposed terms and conditions for a share purchase transaction, serving as a framework for negotiating the final agreement.
Download
Employee Outsourcing Agreement
A Hong Kong law-governed agreement establishing terms for employee outsourcing services between client companies and service providers.
Download
Course Completion Certificate
A Hong Kong-compliant official document certifying successful completion of an educational or training program, including course details and institutional authentication.
Download
ұԾ’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; ұԾ’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
.png)