12 Dec 2025
KERRYFORD HOLDINGS LTD AND OTHERS v. PROFIT VALLEY LTD AND OTHERS
- Citation
- [2025] HKLdT 75
- Court
- Lands Tribunal
- Case number
- LDCS8000/2022
The Tribunal held that clauses imposing an obligation on owners to deliver all title deeds on completion and to discharge encumbrances at their own cost (and related indemnities) exceeded the Tribunal's statutory remit or were unnecessary; deleted the underlined sentences in the proposed Particulars and Conditions of Sale; confirmed that owners must prove title and discharge encumbrances to obtain their proceeds but are not compelled to discharge encumbrances or deliver title deeds prior to completion; granted the 3-month extension under s 4(1)(b) and directed that the first auction take plac…