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1. Parties: Identification of the vendor (current leaseholder) and purchaser, including full legal names and addresses
2. Background: Context of the transaction, including brief description of the property and current lease status
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase Agreement: Core agreement to sell and purchase the leasehold interest
5. Purchase Price: Specified purchase price and payment structure
6. Deposit: Details of the initial deposit, including amount and payment terms
7. Conditions Precedent: Conditions that must be satisfied before completion
8. Due Diligence: Vendor's obligations to provide documentation and purchaser's right to investigate title
9. Completion: Completion date, location, and requirements
10. Title and Government Lease: Warranties regarding title and compliance with government lease conditions
11. Representations and Warranties: Standard representations and warranties from both parties
12. Stamp Duty: Responsibilities for payment of stamp duty
13. Costs: Allocation of legal and other transaction costs
14. Assignment and Registration: Requirements for preparing and registering the assignment
15. Default: Consequences of default by either party
16. Notices: Process for giving notices under the agreement
17. Governing Law and Jurisdiction: Confirmation of Hong Kong law and jurisdiction
1. Existing Tenancies: Required if the property is subject to existing tenancies that will continue after completion
2. Mortgage Status: Required if the property is mortgaged and needs to be discharged
3. Property Management: Required for properties in multi-unit buildings with management obligations
4. Renovation and Alterations: Required if there are ongoing works or approval requirements
5. Environmental Matters: Required for industrial properties or properties with potential environmental issues
6. Car Parking Spaces: Required if car parking spaces are included in the sale
7. Break Clause: Optional provision allowing early termination under specified circumstances
8. Special Conditions: Required for any unique requirements or circumstances specific to the property
1. Schedule 1 - Property Description: Detailed description of the property including lot number, address, and registered details
2. Schedule 2 - Government Lease Terms: Key terms and conditions from the government lease
3. Schedule 3 - Property Plans: Floor plans, location plans, and any relevant drawings
4. Schedule 4 - Inventory: List of fixtures, fittings, and contents included in the sale
5. Schedule 5 - Outstanding Requirements: List of any outstanding orders, notices, or requirements affecting the property
6. Appendix A - Title Documents: Copies of relevant title documents and government lease
7. Appendix B - Property Photographs: Recent photographs of the property
8. Appendix C - Existing Tenancy Agreements: Copies of any existing tenancy agreements (if applicable)
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