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Deed Of Sale Of A Portion Of Land
"I need a Deed of Sale of a Portion of Land for selling part of my industrial lot in Tsing Yi, Hong Kong to a manufacturing company, with completion scheduled for March 2025, including specific provisions for shared access road and utility easements."
1. Parties: Full identification of the Vendor and Purchaser, including registration/ID numbers and registered addresses
2. Background: Context of the sale, including brief description of the whole land parcel and the portion being sold
3. Definitions: Definitions of key terms used throughout the deed, including 'Property', 'Completion Date', 'Purchase Price'
4. Agreement to Sell and Purchase: Core agreement where Vendor agrees to sell and Purchaser agrees to buy the specified portion of land
5. Purchase Price and Payment Terms: Specified purchase price, payment schedule, and payment methods
6. Property Description: Detailed description of the portion of land being sold, including boundaries, measurements, and reference to surveyor's plan
7. Title and Capacity: Vendor's warranties regarding ownership, right to sell, and freedom from encumbrances
8. Completion: Details of completion date, location, and requirements for completion
9. Vendor's Obligations: Obligations of the Vendor before and at completion
10. Purchaser's Obligations: Obligations of the Purchaser before and at completion
11. Execution: Formal execution blocks meeting Hong Kong deed requirements
1. Conditions Precedent: Include when completion is subject to specific conditions being met, such as government approval for subdivision
2. Rights of Way and Easements: Include when access to the portion of land requires crossing retained land or when utilities easements are needed
3. Planning and Development: Include when the portion of land is subject to specific planning restrictions or development conditions
4. Environmental Matters: Include when there are known environmental issues or requirements affecting the land
5. Existing Tenancies: Include when the portion of land is subject to existing lease or tenancy arrangements
6. Tax Indemnities: Include when special tax arrangements or indemnities are required
7. Post-Completion Obligations: Include when parties have ongoing obligations after completion, such as maintenance of shared facilities
1. Schedule 1 - Property Description: Detailed technical description of the portion of land, including measurements and boundaries
2. Schedule 2 - Land Survey Plan: Certified surveyor's plan showing the portion of land being sold
3. Schedule 3 - Title Documents: List of relevant title documents and encumbrances affecting the property
4. Schedule 4 - Completion Requirements: Detailed list of documents to be delivered at completion
5. Appendix A - Form of Transfer: Prescribed form of transfer instrument required for land registration
6. Appendix B - Existing Encumbrances: Details of any existing rights, easements, or restrictions affecting the land
7. Appendix C - Planning Permissions: Copies of relevant planning permissions and conditions
Authors
Real Estate
Property Development
Construction
Agriculture
Industrial Development
Commercial Development
Infrastructure
Urban Planning
Hospitality
Retail
Legal
Real Estate
Property Development
Compliance
Corporate Secretarial
Land Acquisition
Project Development
Planning and Development
Asset Management
Risk Management
Property Lawyer
Real Estate Director
Land Surveyor
Property Developer
Development Manager
Real Estate Investment Manager
Legal Counsel
Compliance Officer
Property Manager
Urban Planning Manager
Land Acquisition Manager
Real Estate Transaction Manager
Chief Legal Officer
Development Director
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