Each piece of landed property – whether it is a piece of land or a flat – has its own unique characteristic and history, and this may sometimes cause difficulties for the parties involved in the transactions.
In particular, land in the New Territories is a highly specialized area due to a different land administration system in the past. The implementation of the “Small House Policy” has been a problematic area of the law and may pose various risks to potential owners.
No matter it is your dream house for the first time ever, or yet another landed property in your investment portfolio, from the very moment of negotiation, there are already many issues which require careful analysis and quick decision-making.
We let you know the practical implications of any legal issues which come along your way during the transaction, so you will not fall into any trap inadvertently, or miss the right opportunity.