Cap. 621 — Hong Kong SAR China law | Esheria

Cap. 621

This Ordinance sets rules for first-hand residential property sales, including sales brochures, price lists, and related definitions and application rules.

Jurisdiction
Hong Kong SAR China
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
View official record ↗
completion defects remedy deposit/stakeholder handling development completion disclosure requirements first-hand residential property sales investigations and enforcement notice periods price lists property advertising property advertising compliance property development disclosures real estate sales brochure residential property sales sale and purchase agreement sales brochures show flats transaction register

Statute overview

About this statute

This Ordinance sets rules for first-hand residential property sales, including sales brochures, price lists, and related definitions and application rules. Vendors and owners must disclose specified information for residential property sales, make key documents available, keep transaction records, and follow show-flat and agreement rules; breaches attract fines and offences. The provision sets rules for selling and advertising specified residential property, including required disclosure forms, advertising content, and offences for false or misleading information. The sales brochure must include specified development, property, plan, and transaction information, including required disclosures about walls, plans, area measurements, land grant matters, and buyer warning text. This agreement sets out the vendor’s duties to build and complete the development, and the purchaser’s rights if completion is delayed.

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