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House Sale Agreement Form
"I need a House Sale Agreement Form for a luxury apartment in Hong Kong's Mid-Levels area, including provisions for existing high-end fixtures and fittings, with completion scheduled for March 2025, and specific clauses for the included parking space and storage unit."
1. Parties: Identification and details of the Vendor and Purchaser, including full legal names, ID/company numbers, and addresses
2. Background: Brief context of the transaction and confirmation of Vendor's ownership and right to sell
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property including address, lot number, registration particulars, and boundaries
5. Purchase Price: Agreed purchase price, payment structure, and deposit arrangements
6. Completion: Completion date, time and place, and procedures for completion
7. Title and Transfer: Vendor's obligations regarding good title and requirements for executing transfer documents
8. Vendor's Representations and Warranties: Standard warranties about property ownership, encumbrances, and condition
9. Purchaser's Representations and Warranties: Confirmations regarding purchase capacity and funding
10. Conditions Precedent: Conditions that must be satisfied before completion
11. Default and Termination: Consequences of default by either party and termination rights
12. Stamp Duty: Obligations regarding payment of stamp duty and other transaction taxes
13. Costs: Allocation of legal and other transaction costs
14. General Provisions: Standard clauses including notices, entire agreement, and governing law
1. Vacant Possession: Required when property is sold with vacant possession, specifying removal of existing tenants
2. Existing Tenancies: Used when property is sold subject to existing tenancies, including tenant details and lease terms
3. Mortgage Status: Required when property has existing mortgage to be discharged
4. Property Management: Needed for properties in managed buildings, covering management fees and obligations
5. Fixtures and Fittings: Detailed when specific items are included/excluded from sale
6. Planning Restrictions: Required when property is subject to specific planning conditions or restrictions
7. Car Parking Space: Used when car parking space is included in the sale
8. Agent Commission: Required when property agents are involved in the transaction
1. Schedule 1 - Property Details: Detailed property description, including floor plans and boundary plans
2. Schedule 2 - Inventory: List of fixtures, fittings, and chattels included in the sale
3. Schedule 3 - Existing Tenancies: Details of any existing tenancy agreements affecting the property
4. Schedule 4 - Outstanding Orders: List of any outstanding building or maintenance orders
5. Schedule 5 - Title Documents: List of relevant title documents and encumbrances
6. Appendix A - Property Plans: Floor plans, location plans, and any relevant drawings
7. Appendix B - Copies of Title Documents: Copies of relevant land registry documents and title deeds
8. Appendix C - Provisional Agreement: Copy of the provisional sale and purchase agreement if applicable
Authors
Real Estate
Legal Services
Banking and Finance
Property Development
Property Management
Insurance
Professional Services
Construction
Legal
Real Estate
Compliance
Property Management
Sales
Risk Management
Documentation
Client Relations
Investment
Operations
Real Estate Lawyer
Property Conveyancer
Real Estate Agent
Property Manager
Mortgage Broker
Legal Counsel
Compliance Officer
Property Developer
Real Estate Investment Manager
Title Insurance Officer
Real Estate Transaction Coordinator
Property Sales Director
Legal Document Specialist
Real Estate Portfolio Manager
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