Sat. Mar 6th, 2021

In recent years, has 辦公室傢俬 seen a steady increase in the number of expats moving to this unique and inspiring city, mainly due to the growing search for external talent from local and international companies. Renting an apartment on arrival is one of the most important tasks for these people. The relevant procedures and related rental laws may differ significantly from those in other cities or countries. This article attempts to illustrate some of the basic procedures with real estate and, more importantly, the relevant rental laws, which I think are important to know.

Real estate agent:

After the creation of the Real Estate Agents Authority, also known as EAA, in 1997, real estate agents were required to carry out their real estate work. Most agents will give you a name tag as soon as you meet them, and their license number should be clearly listed on their name tag. Licensed brokers must also have their official license card.

Brokerage form:

Before viewing the property (sometimes after) real estate agents ask the client to sign a typical form of a real estate agency, which lists all the apartments that will be viewed or already viewed. If you have signed this form and for some personal reason are not satisfied with the services of the agency and have decided to rent the apartment from another broker of another company, you may also need to pay the full commission of the previous broker. Like your new one. If you do not pay, you run the risk of receiving an additional fine. Brokerage Management (EAA) usually requires a signature on this form.

What is important to check in the apartment:

In accordance with Hong Kong law, owners are required to provide household appliances, appliances and accessories in good and safe working condition. While some agents will check this for you, it’s best to check this out because it will help you determine what works safely or is right for you.

When viewing, check for obvious pest problems. During your stay, if you experience pest problems that cause inconvenience to your neighbors due to your own poor hygiene, the owner can evict you from the apartment.

Make sure there are no leaks. If they are obvious, ask the homeowner to resolve the problem before your entry, and the landlord must pay by law to meet the condition to ensure a safer living environment. Some spills can be very problematic, especially if they cause inconvenience to the property right below you. If you caused a major leak and hit your neighbors, expect damages. In cases where leaks may occur due to adverse weather conditions, it is necessary to call the homeowner to cover the cost of repairs.

If the owner provides an apartment with furniture, the items must also be in good condition. In addition to accepting the style of the furniture and items delivered, you should ensure that they remain in good working order, as in the case of any damage caused by you, the owner has the right to ask you to take the damage.

Some rental laws that you should always remember during your stay:

Often there is a standard rental law that states that tenants must “maintain an apartment in good condition with ‘reasonable wear and tear except’. So when you break something, you either fix it or pay for it. Faulty devices not related to the tenant’s fault must be repaired and paid for by the owner.

Strict but fundamental law applicable to all types of real estate concerns noise control. Hong Kong is considered a small city because of the peculiarities of housing and the fact that most people live very close to each other; Noise can easily spread to neighboring apartments. At night, the volume of sound should be reduced by 23 hours to a level that does not affect neighbors. Anxiety after 11 p.m. is unacceptable and neighbors can call the building management office to resolve the matter. If you continue to ignore requests from neighbors or administration to reassure you, the police may knock on your door. Making such an inconvenience is a violation of certain rental laws, and the landlord can evict you for such actions if you take them on a permanent basis.

Pay the rent on time. The lease agreement is likely to include a period requiring you to pay your rent on time and the payment date should be clearly specified. Typically, there is a short delay period for delays in sending or completing a transfer. This period is usually also clearly stated in the lease. By law, the landlord can evict you for late payment, which can lead to the loss of collateral.

It is important to remember that if you violate important tenancy conditions and force the landlord to evict you, the landlord can withhold all your security deposit.

Pets:

The best and safer way to find out if you can keep pets in the apartment is to help yourself or the real estate agent check with the office to see if pets are allowed. It is not enough for the owner to say that the animals are allowed, because he only expresses his consent to his particular apartment. Animals are not allowed if the owner permits, but not the administration. In the event that the owner agrees and the management agency does not, but you still keep the pet, in case of trouble caused by the animal, you may be solely responsible for violating certain license conditions. occupation ‘and to repair the damage caused. A bad example is the request of the agency manager to get rid of the animal. However, the adoption of the host is also important because not everyone likes the idea of dogs scratching the floor, etc.

Lease:

After both parties have signed the lease, both parties distribute the cost of stamp duty equally. By law, you must pay this stamp duty because it is a mandatory tax, regardless of whether you have a Hong Kong identity card or a passport abroad. It is also useful to know that in the case of serious problems, where one party is suing the other, an unmarked lease may be considered invalid when referred to a judge.

Expected termination:

The lease agreement certainly illustrates the agreed living conditions, such as a two-year fixed-term contract of 12 months. In this example, there is usually a termination clause where the tenant can cancel the contract after 12 months by sending the landlord a written notice for 2 months of termination of the lease. In this case, the minimum lease term is 14 months. If, for any reason, you decide to terminate the contract or vacate the apartment before the end of the specified period, the tenant may be legally obliged to pay the rent for the remaining fixed months. In some cases, the landlord may expect to rent for the remaining months up to the 24th month.

Such an early termination is undesirable, so you should carefully plan your stay and carefully think about the length of the lease, with which the owner must agree, and then sign the contract. In some early termination cases, you may avoid compensating the rent for the remaining months if you find another tenant, such as a friend or colleague, who will be able to move into the apartment after your departure. The landlord must accept a new tenant, after which a new lease must be signed between the landlord and the new tenant.

We hope that the information provided has helped you to better understand how part of the Hong Kong Rental Act works for you as a tenant, property owner and rental property in Hong Kong. Based on my experience in this area and in this city, I consider this information important.

Hong Kong City Property Ltd – (owned by HKC).

A permanent real estate service provider in Hong Kong.

Real estate sales and rental services in Hong Kong.

  • Residential and commercial real estate is available everywhere.

Leave a Reply

Your email address will not be published. Required fields are marked *