Rent Agreement Hk

Answer 6: A rental document generally states that the tenant must pay a deposit to ensure the execution and compliance of the tenant`s agreements under the tenancy document, for example. B to pay rent, keep the property in good condition, carry out repairs and comply with the corresponding laws. The agreement to pay the rent is just one of many alliances made by the tenant. In most cases, the landlord will not know if the tenant has respected and respected such alliances until the property is reclaimed. For public housing units, it is generally illegal for tenants/occupiers, without the consent of the housing authority and to rent to others (with or without rental income). This may lead to the termination of the lease by the Housing Authority and/or criminal prosecution. Any violation may also lead the occupier to no longer be eligible for the public housing lease within two years of the end of the previous tenancy agreement. Subdivision or distribution of a rental unit has become a common phenomenon in Hong Kong. As explained above in Section I, such a distribution often differs from the initial design and purposes of the building. There may be a risk of non-compliance with various laws, regulations or other legal obligations such as state rent, building rules, fire protection regulations and/or the act of the reciprocity pact, which may be held liable civilly or even criminally. 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. There is a standard clause in a tenancy agreement stating that a tenant cannot transfer, transfer, sublet or partially transfer the tenant to another person for the duration of the tenancy with the ownership of the premises or part of it, and the tenant is himself for the tenant mentioned in the contract. If no prior agreement is reached between the landlord and the tenant, any subletting may result in an infringement. This means that any short-term rental agreement or arrangement that can be considered part of an agreement to operate a “hotel, motel, guesthouse, apartment house or holiday camp” without obtaining an appropriate license or under an exception (short-term rent for a period of 28 uninterrupted days with payment of non-deductible/refundable rent) is punishable. According to the above, it is customary for tenants to be directly responsible for administrative costs under a tenancy agreement and to pay, whereas as a general rule, the landlord is itself responsible for the payment of rents/rates of the state.

Author: Franck Pertegas

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