Hong Kong Tenancy Agreement Stamp Duty

You should inform your tenant if you decide to sell your rental property. If no new agreement is reached between your tenant and the new owner of the property, the terms of the existing lease will continue to apply. Remember to clarify with the tenant and the new owner the responsibility for reimbursing the deposit to the tenant. You can search for a tenant yourself or hire a licensed real estate agent to take care of the rental of your property. In both cases, you need to provide your potential tenant with accurate real estate information before entering into a lease. If you opt for an agent, you should clarify with him the details of the order such as the amount of the commission and the date of payment before signing the brokerage contract. The e-stamping system generates stamp certificates to replace traditional stamps. Stamp certificates shall be issued in offline mode immediately after receipt of the stamp duty or within 2 working days of receipt of the stamp duty. Subject to the terms of your lease, you and your tenant may be held responsible for public prices and rents.

The Rating and Evaluation Department and the Country Department offer a number of online services to facilitate payment. The laws governing the registration of documents in the cadastre are mainly contained in the Cadastre Ordinance (Cap.128 of the Laws of Hong Kong). Strictly speaking, the cadastre regulations do not contain any provision requiring the registration of documents. Only the consequences of non-registration are set out. .