The Forward Funding Agreement is a crucial document in Hong Kong's property development landscape, typically used when institutional investors or financial institutions seek to fund property developments from the ground up. This arrangement differs from traditional development financing as the funder takes a more active role and typically acquires the underlying land interest. The document is particularly relevant in Hong Kong's dynamic real estate market, where high land values and construction costs necessitate sophisticated funding structures. The agreement comprehensively covers funding mechanics, development obligations, security arrangements, and risk allocation, while ensuring compliance with Hong Kong's regulatory requirements including building ordinances, planning regulations, and financial services laws. Forward Funding Agreements are especially valuable for large-scale developments where developers seek to minimize upfront capital requirements while providing funders with greater control and security over the development process.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the Funder and Developer/Property Owner
2. Background: Context of the development project and funding arrangement
3. Definitions and Interpretation: Key terms used throughout the agreement and interpretation rules
4. Conditions Precedent: Prerequisites that must be satisfied before funding obligations commence
5. Funding Obligations: Core funding commitments, including amount, purpose, and mechanics
6. Drawdown Mechanics: Procedures and requirements for accessing the funding
7. Development Obligations: Developer's obligations regarding construction and development
8. Project Monitoring: Funder's rights to monitor development progress and costs
9. Representations and Warranties: Standard and specific assurances from both parties
10. Security Arrangements: Security package and ranking of security interests
11. Cost Overruns: Responsibility and mechanics for handling cost overruns
12. Completion Requirements: Conditions and standards for practical completion
13. Insurance Requirements: Required insurance coverage and claim procedures
14. Events of Default: Circumstances constituting default and consequences
15. Termination: Termination rights and procedures
16. Assignment and Transfer: Rights and restrictions on transfer of interests
17. Confidentiality: Confidentiality obligations and permitted disclosures
18. Notices: Communication procedures between parties
19. Governing Law and Jurisdiction: Hong Kong law and jurisdiction provisions
20. General Provisions: Standard boilerplate clauses
1. Third Party Contractors: Required when specific contractors are key to the development and need direct obligations
2. Phased Development: Needed for projects with multiple development phases
3. Pre-lets and Sales: Required when pre-letting or pre-sales are part of the funding structure
4. Environmental Compliance: Needed for projects with significant environmental considerations
5. Planning Obligations: Required when specific planning conditions need to be satisfied
6. Joint Venture Provisions: Needed if the development involves a joint venture structure
7. Profit Share Arrangements: Required when the funder participates in development profits
8. Step-in Rights: Optional provisions for funder to take control of the development
9. Design Approval Rights: Needed when funder requires specific design approval rights
1. Property Description: Detailed description of the development site and title information
2. Development Program: Detailed timeline and milestones for the development
3. Funding Schedule: Detailed breakdown of funding amounts and timing
4. Form of Drawdown Notice: Template for drawdown requests
5. Development Budget: Detailed project costs and contingencies
6. Construction Specifications: Detailed building specifications and requirements
7. Form of Collateral Warranties: Standard forms for contractor warranties
8. Professional Team: Details of key consultants and contractors
9. Form of Progress Report: Template for regular development progress reports
10. Planning Permissions: Copies of relevant planning approvals and conditions
Relevant legal definitions
Accounts
Agreed Form
Agreement
Approved Plans
Architect
Building Contract
Building Contractor
Building Inspector
Business Day
Certificate of Practical Completion
Collateral Warranties
Completion Date
Construction Costs
Construction Documents
Construction Programme
Cost Overrun
Default Interest Rate
Development
Development Costs
Development Period
Development Programme
Drawdown
Drawdown Date
Drawdown Notice
Drawdown Schedule
Environmental Laws
Event of Default
Expenditure Schedule
Final Account
Finance Documents
Funder's Architect
Funder's Quantity Surveyor
Funding Amount
Governing Law
Government Authority
Hong Kong
Insurance Policies
Interest Rate
Land
Legal Requisitions
Letting Agreement
Long Stop Date
Material Adverse Effect
Milestone
Occupation Permit
Permitted Security Interest
Planning Approval
Plans and Specifications
Practical Completion
Professional Appointment
Professional Team
Project
Project Accounts
Project Documents
Project Monitoring Agreement
Property
Quantity Surveyor
Required Consents
Reserved Matters
Security Documents
Security Interest
Site
Specification
Step-in Rights
Target Completion Date
Title Documents
Utilities
Valuation
Variation
Works
Agreed Form
Agreement
Approved Plans
Architect
Building Contract
Building Contractor
Building Inspector
Business Day
Certificate of Practical Completion
Collateral Warranties
Completion Date
Construction Costs
Construction Documents
Construction Programme
Cost Overrun
Default Interest Rate
Development
Development Costs
Development Period
Development Programme
Drawdown
Drawdown Date
Drawdown Notice
Drawdown Schedule
Environmental Laws
Event of Default
Expenditure Schedule
Final Account
Finance Documents
Funder's Architect
Funder's Quantity Surveyor
Funding Amount
Governing Law
Government Authority
Hong Kong
Insurance Policies
Interest Rate
Land
Legal Requisitions
Letting Agreement
Long Stop Date
Material Adverse Effect
Milestone
Occupation Permit
Permitted Security Interest
Planning Approval
Plans and Specifications
Practical Completion
Professional Appointment
Professional Team
Project
Project Accounts
Project Documents
Project Monitoring Agreement
Property
Quantity Surveyor
Required Consents
Reserved Matters
Security Documents
Security Interest
Site
Specification
Step-in Rights
Target Completion Date
Title Documents
Utilities
Valuation
Variation
Works
Clauses
Conditions Precedent
Funding Obligations
Security
Development Obligations
Construction Requirements
Project Monitoring
Cost Control
Insurance
Warranties and Representations
Title and Property
Planning and Consents
Environmental Compliance
Health and Safety
Quality Control
Payment Provisions
Drawdown Mechanics
Cost Overrun
Variations
Practical Completion
Default
Step-in Rights
Force Majeure
Assignment and Transfer
Confidentiality
Dispute Resolution
Termination
Intellectual Property
Professional Team Obligations
Reporting Requirements
Risk Allocation
Limitations of Liability
Indemnification
Notices
Boilerplate
Governing Law
Third Party Rights
Funding Obligations
Security
Development Obligations
Construction Requirements
Project Monitoring
Cost Control
Insurance
Warranties and Representations
Title and Property
Planning and Consents
Environmental Compliance
Health and Safety
Quality Control
Payment Provisions
Drawdown Mechanics
Cost Overrun
Variations
Practical Completion
Default
Step-in Rights
Force Majeure
Assignment and Transfer
Confidentiality
Dispute Resolution
Termination
Intellectual Property
Professional Team Obligations
Reporting Requirements
Risk Allocation
Limitations of Liability
Indemnification
Notices
Boilerplate
Governing Law
Third Party Rights
Relevant Industries
Real Estate
Construction
Banking & Finance
Investment Management
Property Development
Infrastructure
Commercial Property
Residential Property
Urban Development
Asset Management
Relevant Teams
Legal
Real Estate
Development
Construction
Finance
Investment
Risk & Compliance
Project Management
Asset Management
Treasury
Property Management
Relevant Roles
Chief Investment Officer
Development Director
Project Manager
Real Estate Finance Manager
Construction Manager
Legal Counsel
Investment Manager
Asset Manager
Finance Director
Risk Manager
Property Director
Development Executive
Transaction Manager
Fund Manager
Compliance Officer
Find the exact document you need
Social Media Influencer Contract
A Hong Kong law-governed agreement between brands and social media influencers defining terms for content creation, promotion, and compensation.
find out more
Statutory Declaration Form Partner Visa
A legally binding declaration form used in Hong Kong for partner visa applications, requiring sworn statements about relationship status and supporting evidence under Hong Kong law.
find out more
Subject Meeting Minutes
Official record of corporate meeting proceedings and decisions, compliant with Hong Kong Companies Ordinance requirements.
find out more
Simple NDA Form
A Hong Kong-governed NDA template for protecting confidential information in business relationships, compliant with Hong Kong law and common law principles.
find out more
Repairs And Maintenance Contract
A Hong Kong law-governed agreement setting out terms and conditions for property repair and maintenance services, including service specifications and regulatory compliance requirements.
find out more
Property Maintenance Contract
A Hong Kong law-governed agreement establishing terms and conditions for property maintenance services, including service standards, compliance requirements, and responsibilities.
find out more
Providing Notice To Landlord
A formal notice from tenant to landlord under Hong Kong law, used for official communications regarding tenancy matters.
find out more
Private Car Purchase Agreement
A Hong Kong law-governed agreement for the sale and purchase of a private vehicle, detailing terms of sale and ownership transfer.
find out more
Partnership Agreement Between Company And Individual
A Hong Kong law-governed agreement establishing a partnership between a company and an individual, setting out terms for collaboration, responsibilities, and profit sharing.
find out more
Non Responsibility Waiver
A Hong Kong law-governed document that releases liability for specified risks and activities, compliant with local ordinances and regulations.
find out more
New Employee Details Form
A standardized form for collecting new employee information in Hong Kong, ensuring compliance with local employment and data privacy laws.
find out more
Limited Letter Of Administration
A Hong Kong High Court document granting restricted authority to administer specific aspects of a deceased person's estate under Hong Kong law.
find out more
IT Service Desk SLA
A Hong Kong law-governed Service Level Agreement establishing performance metrics and terms for IT Service Desk support services.
find out more
Lease Termination Request Letter
A formal letter compliant with Hong Kong law requesting the termination of a lease agreement between tenant and landlord, including termination date and handover arrangements.
find out more
Home Construction Contract Agreement
A Hong Kong-governed agreement between homeowner and contractor for residential construction works, outlining construction terms, payments, and compliance requirements.
find out more
Fund Transfer Request Letter
A formal banking document used in Hong Kong to authorize and initiate fund transfers between accounts, complying with HKMA regulations and local banking requirements.
find out more
Ending Tenancy Letter
A formal notice document used in Hong Kong to terminate a tenancy agreement, complying with local property law requirements.
find out more
Employment Contract For Real Estate Agent
Hong Kong-compliant employment contract for real estate agents, covering licensing, commissions, and professional obligations under local law.
find out more
Copyright Agreement Form
A Hong Kong law-governed agreement that facilitates the transfer or licensing of copyright ownership, ensuring legal protection under the Hong Kong Copyright Ordinance.
find out more
Contract For Subcontractors In (Construction)
A Hong Kong law-governed agreement between main contractor and subcontractor defining construction works, payments, and compliance requirements.
find out more
Conditional Sales Agreement
A Hong Kong law-governed agreement for sales where title transfer is conditional upon specific requirements such as full payment or other conditions.
find out more
Buyer Contract With Real Estate Agent
A Hong Kong law-governed agreement between a property buyer and real estate agent establishing terms for property search and acquisition services.
find out more
Builders Invoice
A Hong Kong-compliant financial document used by builders to request payment for completed construction works, incorporating local regulatory requirements and detailed cost breakdowns.
find out more
Commitment Letter From Lender
A Hong Kong law-governed formal letter from a lender confirming their commitment to provide financing under specified terms and conditions.
find out more
Cohabiting Agreement
A Hong Kong law-governed agreement establishing rights and obligations between unmarried cohabiting partners, covering property, financial, and living arrangements.
find out more
Consignment Agreement For (Retail)
A Hong Kong law-governed agreement establishing terms for retail consignment arrangements, including commission structures, goods handling, and payment terms.
find out more
Company Consent Letter
A formal document under Hong Kong law providing official company approval or permission for specific corporate actions, executed by authorized signatories.
find out more
Basic Domestic Worker Contract
A standardized employment contract under Hong Kong law for domestic workers, outlining terms of employment, duties, and statutory rights and obligations.
find out more
Subaward Agreement
A Hong Kong law-governed agreement for transferring portions of grant funding from a primary recipient to another organization for specific research or project activities.
find out more
Estate Agent Memorandum Of Sale
A Hong Kong-compliant memorandum documenting property sale terms and conditions between parties, facilitated by licensed estate agents under local regulations.
find out more
Master Professional Services Agreement
A Hong Kong law-governed master agreement establishing terms for ongoing professional services delivery through multiple statements of work.
find out more
Service Agreement Payment Terms
A Hong Kong law-governed document establishing payment terms and conditions for service agreements, including payment schedules, methods, and dispute resolution procedures.
find out more
Joint Custody Contract
A Hong Kong law-governed agreement establishing joint custody arrangements between parents/guardians, detailing shared responsibilities and decision-making processes for child care.
find out more
Hazard Risk Assessment
A regulatory-compliant workplace hazard assessment document under Hong Kong law that identifies, evaluates, and provides control measures for workplace safety risks.
find out more
Fixed Term Lease Notice
A formal notice document used in Hong Kong to communicate the termination or expiration of a fixed-term lease agreement, compliant with Hong Kong property law.
find out more
Gross Misconduct Warning Letter
A formal warning letter under Hong Kong employment law addressing serious workplace misconduct that could warrant dismissal.
find out more
Binder Agreement (Insurance)
A Hong Kong law-governed agreement delegating authority from an insurer to a coverholder to underwrite insurance contracts on the insurer's behalf.
find out more
Vendor Service Level Agreement
A Hong Kong law-governed agreement defining service standards and performance metrics between a service provider and customer, with specific measurable targets and remedies.
find out more
Latex Risk Assessment
A Hong Kong-compliant risk assessment document for evaluating and managing latex-related workplace hazards under Cap. 509 regulations.
find out more
Exclusive Licence
A Hong Kong law-governed agreement granting exclusive rights to use and exploit intellectual property within specified parameters.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)