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Under the Landlord and Tenants Regulations (Amendment Regulations) 2004, you and your tenant can decide to renew a lease created on July 9, 2004. However, if there is a possibility of renewal of the clause in your existing tenancy agreement or in any other written agreement, your tenant retains the right to renew the tenancy agreement. If your property is still under mortgage, you must remediat the borrower`s prior consent. Otherwise, you may violate your mortgage agreement and your mortgage could recover the property. Under the Landlords and Tenants Regulations (consolidation decree), your tenancy agreement means that the tenant must pay the rent on the due date and that the tenancy agreement is cancelled after non-payment for 15 days in the absence of an explicit agreement on the payment of the rent. Stamp duty is a tax on certain written documents attesting to transactions. Parties to a rental document are required to pay stamp duty on the document in Schedule 1 of the Stamp Duty Regulation (Chapter 117 of Hong Kong Laws). The rate of stamp duty varies depending on the duration/duration of the lease. The current rates are as follows. 4.25% of the consideration if the rent is also payable under the tenancy agreement. Otherwise, the same duty as for the sale of real estate There is a two-month rental period in a three-year lease and a rent of 10,000 USD per month. How do I calculate stamp duty for this lease? A penalty is due in case of stamp delay.

However, in certain circumstances, the sentence may be returned. You can write to ask for forgiveness of the sentence. In addition, a proof of rent must be stamped before it can be submitted to the land registry for registration. When a contracting party is an individual, the waterproofing of a document is deemed to have been carried out when the document (i) is referred to as the document; (ii) declares that it has been sealed; or (iii) bears a mark called a seal or seal or that represents the position of a seal. If a party is a limited company, the common seal of the company must be impressed next to the signatures of the person (s) who signs the lease for and on behalf of the company. The weather varies depending on the nature of the instruments. It ranges from 2 to 30 days. In addition, for residential real estate transactions, you can request a deferral of payment and the maximum deferral period is 3 years after the date of the first agreement. More information about this can be found in this article.