Document background
The Revocable Deed is a versatile legal instrument used in Hong Kong when parties need to formally document arrangements while maintaining flexibility through revocation rights. It's commonly used in trust arrangements, powers of attorney, and various business transactions where the grantor wishes to retain the ability to cancel or modify the arrangement. The document must comply with Hong Kong's strict requirements for deed execution, including proper witnessing and sealing where necessary. This type of deed is particularly useful in family wealth planning, business succession arrangements, and situations where circumstances might change requiring the grantor to revoke the powers or rights granted. The revocable nature provides important protection for grantors while still creating a formal legal framework for the arrangement.
