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Property
Are you planning to purchase a property?
Hong Kong is consistently ranked among the most expensive cities to live in because of its soaring property prices, so we know that the decision to purchase a property is an important one. Since the process is long and complex, you may wish to consider all your legal options and implications before putting down the deposit.
For instance, have you considered whether the property should be held jointly or held on trust for someone else? And if the property is to be held jointly, whether it should be held as joint tenants or tenants in common? Should the property be held in your own name or your company's? Who should bear the stamp duty?
In order to consider all the above elements properly, you may wish to retain a conveyancing lawyer to guide and explain you through each step.
Purchasing a property in Hong Kong usually involves the following steps:
Conducting due diligence on the legal title of the property
Signing a provisional and formal sale & purchase agreement
Assignment of the property
Registering the formal sale & purchase agreement and Deed of Assignment with the Land Registry
Paying stamp duty
See other legal services:
Are you looking for other property-related legal services?
Other common legal services include:
Drafting and reviewing tenancy agreements and leases
Matters relating to tenancy disputes, including settlement, submitting the dispute to the Lands Tribunal and the Small Claims Tribunal
Transferring property as part of estate inheritance
Water leakage
Rent in arrears
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