Document background
The Joint Tenancy Deed is essential for establishing co-ownership of property in Hong Kong, where multiple parties wish to hold equal, undivided shares with rights of survivorship. This document is commonly used in both residential and commercial property transactions, particularly among family members, married couples, or business partners acquiring property together. The deed must comply with Hong Kong's property laws, including the Conveyancing and Property Ordinance, and requires proper registration with the Land Registry. It addresses crucial aspects such as ownership rights, property management, expense sharing, and disposition restrictions, while providing clear procedures for various scenarios including death of a joint tenant or voluntary termination of the arrangement.
