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1. Parties: Identification of the Assignor (seller) and Assignee (buyer) with full legal names and identification numbers
2. Background: Brief history of the property ownership, reference to the previous assignment, and current status of the property
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Completion Date', 'Purchase Price', and other relevant terms
4. Agreement to Assign: Core provision stating the Assignor's agreement to sell and the Assignee's agreement to purchase the Property
5. Consideration: Statement of the purchase price and payment terms, including any deposits paid or to be paid
6. Completion: Details of the completion date, time, and place, and the procedures for completion
7. Title: Assignor's warranties regarding good title and freedom from encumbrances
8. Representations and Warranties: Standard warranties from both parties regarding capacity, authority, and property condition
9. Costs and Stamp Duty: Allocation of legal costs, stamp duty, and other expenses related to the assignment
10. Notices: Procedure for serving notices under the agreement
11. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction
1. Existing Tenancies: Required when the property is subject to ongoing tenancies that will continue after assignment
2. Mortgage Arrangements: Required when the property is being sold subject to an existing mortgage or where new mortgage arrangements are relevant
3. Property Management: Required for properties in multi-unit buildings with management fees or special arrangements
4. Car Parking Space: Required when the assignment includes a parking space
5. Special Conditions: Required when there are unique circumstances or requirements specific to the transaction
6. Vacant Possession: Required when specifically agreeing to deliver the property vacant upon completion
1. Schedule 1 - Property Details: Detailed description of the property including lot number, floor area, and boundaries
2. Schedule 2 - Title Documents: List of all relevant title documents and previous assignments
3. Schedule 3 - Fixtures and Fittings: Inventory of fixtures and fittings included in the sale
4. Schedule 4 - Form of Assignment: The prescribed form of the assignment to be executed on completion
5. Appendix A - Property Plans: Floor plans and location plans of the property
6. Appendix B - Photographs: Current photographs of the property (if required)
7. Appendix C - Certified Copy of Title Documents: Copies of relevant title documents certified by the Land Registry
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