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Agreement To Transfer Ownership Of Property
I need an Agreement To Transfer Ownership Of Property for a residential flat in Wan Chai, Hong Kong, transferring from an individual owner to a married couple, with completion set for March 15, 2025, including provisions for existing tenant management.
1. Parties: Identification of the transferor and transferee with full legal names and addresses
2. Background: Context of the transfer, including brief property description and reason for transfer
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property being transferred, including address, lot number, and registered details
5. Consideration: Purchase price and payment terms, including deposit and completion payment details
6. Transfer Terms: Core terms of the transfer, including timing and method of transfer
7. Representations and Warranties: Seller's warranties about property ownership, condition, and encumbrances
8. Completion: Details of the completion process, including timing, location, and documentation requirements
9. Costs and Stamp Duty: Allocation of costs, including stamp duty, registration fees, and legal fees
10. Risk and Insurance: Transfer of risk and insurance obligations
11. Further Assurance: Obligations to execute further documents and take necessary actions to perfect the transfer
12. Governing Law: Confirmation of Hong Kong law as governing law and jurisdiction
13. Execution: Signature blocks and execution requirements
1. Existing Tenancies: Required if property is subject to existing tenancies, detailing treatment of rental deposits and ongoing leases
2. Mortgage Details: Required if property is mortgaged, including arrangements for discharge
3. Renovation/Alteration: Required if there are ongoing or planned renovations, or unauthorized structures
4. Property Management: Required for properties in managed buildings, dealing with management fees and deposits
5. Tax Indemnity: Required if there are specific tax implications requiring indemnification
6. Conditions Precedent: Required if completion is subject to specific conditions being met
7. Broker Commission: Required if property agents are involved in the transaction
1. Property Schedule: Detailed property description, including lot number, government lease details, and floor plans
2. Inventory Schedule: List of fixtures, fittings, and furniture included in the transfer
3. Encumbrances Schedule: List of all encumbrances, easements, and restrictions affecting the property
4. Completion Documents: List of documents required for completion
5. Existing Tenancy Schedule: Details of any existing tenancy agreements and rental terms
6. Outstanding Works Schedule: Details of any outstanding repairs, maintenance or renovation works
7. Title Documents: List of title documents to be handed over on completion
Authors
Assignment
Building
Business Day
Completion
Completion Date
Consideration
Deed of Mutual Covenant
Deposit
Encumbrances
Estate
Existing Tenancies
Government Lease
Government Rent
Hong Kong
Land Registry
Management Fees
Mortgage
Parties
Property
Purchase Price
Rates
Related Documents
Shares in the Building
Special Conditions
Stamp Duty
Title Documents
Transfer Documents
Transferee
Transferor
Undivided Shares
Warranties
Working Day
Recitals
Definitions
Sale and Purchase
Property Description
Title
Consideration
Payment Terms
Deposit
Conditions Precedent
Warranties and Representations
Property Condition
Encumbrances
Existing Tenancies
Property Management
Insurance
Risk Transfer
Completion Obligations
Stamp Duty
Registration
Costs and Expenses
Further Assurance
Assignment
Notices
Time of Essence
Entire Agreement
Severability
Governing Law
Jurisdiction
Force Majeure
Confidentiality
Third Party Rights
Amendments
Execution
Real Estate
Legal Services
Banking and Finance
Property Development
Property Management
Construction
Professional Services
Investment
Legal
Real Estate
Compliance
Property Management
Operations
Asset Management
Investment
Corporate Affairs
Risk Management
Finance
Legal Counsel
Property Lawyer
Real Estate Agent
Property Manager
Conveyancing Manager
Corporate Lawyer
Property Developer
Investment Manager
Real Estate Investment Director
Compliance Officer
Property Operations Manager
Asset Manager
Transaction Manager
Real Estate Portfolio Manager
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