According to the land settlement, a lease of more than three years must be registered with the land registry within one month of completion. Other leases, including those with the option of renewing the existing lease, may also be registered. Please note that a rental agreement must be stamped before being registered in the land registry and, if necessary, recognized as evidence by the courts. A fixed-term lease, established on or after July 9, 2004, expires at the end of its term. Landlords and tenants do not have to issue notices of termination. You or your tenant may also prematurely terminate the tenancy agreement by mutual agreement or in the event of a termination clause in accordance with the contract. There is no law that determines whether the landlord or tenant should pay stamp duty. As a result, parties to a lease agreement can freely and freely agree on their respective stamp shares. In most cases, the parties pay stamp duty equally. Note: This article serves only as a general guide. If in doubt, please contact the relevant laws or consult the bar.

Please visit the Hong Kong eTax website for online registration and stamp duty payments. A rental document is usually executed in counter-parts, both transferred to the Stamp Office of the Inland Revenue Department within 30 days of the execution date. A licence does not transfer any interest in the land and is not responsible for stamp duty. However, if there are doubts about the liability of a rental document with respect to stamp duty, it is a good idea to ask for a decision at the stamping point. The current adjudation fee is $50. A tenancy agreement should define what you and your tenant have agreed as your respective rights and obligations. However, certain rights and obligations are implied in a lease agreement, unless there are provisions to the contrary in the lease. One of your obligations involves, for example, that your tenant can enjoy the property and the conditions of the property during the apartment. 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. If you continue from the 5 steps page, you will be displayed on the first page as a lease details filing. You should inform your client if you decide to sell your rented property.

If no new agreement is reached between your tenant and the new owner of the property, the terms of the existing lease will continue to apply. Don`t forget to clarify with the tenant and the new landlord the responsibility for the repayment of the deposit to the tenant. In addition, a proof of rent must be stamped before it can be submitted to the land registry for registration. A property is rented for $10,000 per month and the rental period is 3 years without rent. The stamp duty to pay is: it looks like a red flag. Call the HK office. My landlord and I undoubtedly paid the stamp duty (also in the NT village house, welcome!). Although I think the agent was negligent in filing rental contracts because it has not yet arrived in my mailbox. He said 2 weeks, but the HK website says 5 days biz. Good luck! Here you will find the screen step by step for eStamping (rental contract) instructions. There are 3 ways to stamp rentals.

By mail: you can apply for a paper stamp [IRSD111 (E)] by mail.