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Simple Deed Of Sale Template for Hong Kong

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Key Requirements PROMPT example:

Simple Deed Of Sale

"I need a Simple Deed of Sale under Hong Kong law for the purchase of a residential apartment in Tsim Sha Tsui, with completion scheduled for March 15, 2025, including provisions for existing fixtures and fittings to be included in the sale."

Document background
A Simple Deed of Sale is a fundamental legal instrument used in Hong Kong property transactions to transfer ownership of real property from a seller to a purchaser. This document is essential when conducting property transactions in Hong Kong and must comply with local legal requirements, particularly the Conveyancing and Property Ordinance (Cap. 219) and related regulations. The deed includes critical information such as party details, property description, purchase price, completion arrangements, and warranties. It should be used whenever there is a straightforward property sale without complex conditions or unusual arrangements. The document must be properly executed as a deed to be valid under Hong Kong law and will typically require registration with the Land Registry. It forms part of the permanent record of property ownership and is crucial for establishing clear title.
Suggested Sections

1. Parties: Full legal names and addresses of the seller and purchaser

2. Background: Brief context of the sale and confirmation that the seller owns the property

3. Definitions: Definitions of key terms used throughout the deed

4. Sale and Purchase: Core agreement to sell and purchase the property

5. Purchase Price: Amount and payment terms

6. Completion: Details of when and how the sale will be completed

7. Title and Possession: Confirmation of title transfer and arrangements for possession

8. Seller's Warranties: Standard warranties about ownership and condition of the property

9. Costs and Stamp Duty: Allocation of transaction costs and stamp duty obligations

10. Execution: Formal execution clause meeting deed requirements

Optional Sections

1. Property Management: Include when the property is part of a managed building or estate

2. Existing Tenancies: Include when the property is subject to ongoing tenancies

3. Planning Permissions: Include when the property requires specific planning permissions

4. Environmental Matters: Include when there are environmental considerations or requirements

5. Third Party Rights: Include when there are relevant third-party rights affecting the property

6. Tax Declarations: Include when specific tax implications need to be addressed

Suggested Schedules

1. Property Description: Detailed description of the property including address, lot number, and registered particulars

2. Fixtures and Fittings: List of items included in or excluded from the sale

3. Title Documents: List of relevant title documents and encumbrances

4. Completion Requirements: Detailed list of documents to be delivered on completion

5. Property Plans: Relevant plans and drawings of the property

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
























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Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Industrial

Hospitality

Office Space

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Logistics

Healthcare

Relevant Teams

Legal

Real Estate

Property Management

Facilities

Operations

Finance

Compliance

Corporate Secretarial

Investment

Asset Management

Relevant Roles

Property Lawyer

Real Estate Manager

Property Director

Facilities Manager

Legal Counsel

Conveyancing Solicitor

Property Administrator

Asset Manager

Investment Manager

Commercial Director

Operations Manager

Chief Financial Officer

Company Secretary

Industries






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