Civil Law Act (Cap. 43): Primary legislation governing contractual relationships, obligations, requirements for valid contracts, and rules regarding assignment of rights and obligations
Conveyancing and Law of Property Act (Cap. 61): Regulates property transactions and interests, including requirements for assignment of leases and legal formalities for property-related documents
Land Titles Act (Cap. 157): Covers registration requirements for leasehold interests, requirements for dealings with registered land, and procedural requirements for registration
Stamp Duties Act (Cap. 312): Governs stamp duty obligations for lease assignments, including timeline for payment and penalties for non-compliance
Planning Act (Cap. 232): Addresses zoning and land use restrictions, and compliance with permitted use requirements
Building Control Act (Cap. 29): Covers building safety and maintenance requirements, and compliance with building regulations
Landlord and Tenant (Shops) Act: Specific legislation for commercial properties, providing protections for commercial tenants
Property Tax Act (Cap. 254): Governs property tax obligations and tax liability transfer considerations in property transactions
COVID-19 (Temporary Measures) Act 2020: Temporary measures affecting lease assignments and relief measures that might impact property transactions
Landlord Consent Requirement: Practice consideration requiring obtaining necessary consents from landlord before assignment
Due Diligence: Practice consideration involving thorough review and verification of existing lease terms and conditions
Registration Compliance: Practice consideration ensuring all necessary registrations are completed with relevant authorities
Stamp Duty Compliance: Practice consideration ensuring timely payment of applicable stamp duties
Security Deposits and Utilities: Practice consideration involving proper transfer of security deposits and utilities arrangements
Licenses and Permits: Practice consideration ensuring proper assignment of relevant licenses and permits associated with the property
