You can apply for a stamp, pay online and immediately obtain a stamp certificate. The laws governing the registration of documents in the national register are mainly contained in the Land Regulations (Cap.128 of the Laws of Hong Kong). Strictly speaking, the Cadastre Regulation does not contain any provision requiring the registration of documents. Only the consequences of non-registration are revealed. The question should therefore be: why should certain rental documents be registered in the cadastre? In accordance with the Landlord and Tenants Amendment Regulations 2004, you and your tenant may decide to renew a lease established on July 9, 2004. However, if the clause is possible in your existing rental agreement or in any other written contract, your tenant reserves the right to renew the lease. There is a rental term of two months in a three-year lease and $10,000 per month in rent. How do I calculate stamp duty for this lease? For the e-Stamping demonstration, click on “Online Demo” in www.gov.hk/estamping. (iii) You can personally visit the Stamp Office (3/F, Revenue Tower, 5 Gloucester Road, Wan Chai, HK) and present the original rental agreement at the ticket offices. The service plans of . A fixed-term lease concluded on or after 9 July 2004 expires. Landlords and tenants do not have to make layoffs. You or your tenant can terminate the rental agreement by mutual agreement or in the event of a termination clause of the contract.
In the context of a procedure, documents subject to excise duty on stamps may be obtained as evidence only if they are duly affixed. For more information on unbamped documents and insufficient consideration, click here. Therefore, a document that establishes a lease agreement for a period of more than 3 years (for example. B a lease) must be registered, otherwise it tends to be undone by the lessor`s beneficiaries and loses its priority over other registered documents concerning the same immovable property. There is a two-month lease period in a three-year lease agreement and rent of US$10,000 per month. How to calculate the stamp duty for this lease? There is no law specifying whether the landlord or tenant must pay stamp duty. Therefore, the parties to a rental agreement can freely agree among themselves on their respective shares of the stamp duty. In most cases, the parties pay stamp duty in equal shares. 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. Therefore, the question should be: why should certain rental documents be registered with the land registry? 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 main purpose of registering documents with the land registry is to inform the public of all documents relating to land in Hong Kong and to set up a priority system for documents relating to a given property. Once a document is registered, it is presumed that the public is aware of its existence and content.. . . .