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The Offer Letter For Sale Of Property is a crucial preliminary document in Hong Kong's property transaction process, typically used before the formal Agreement for Sale and Purchase is executed. It serves as the initial formal communication between a prospective buyer and property seller, outlining the proposed terms of the transaction. This document is particularly important in Hong Kong's fast-moving property market, where multiple offers might be made on the same property. The letter should include all material terms of the proposed purchase, including price, payment structure, completion timeline, and any conditions precedent. While not legally binding in itself, it forms the foundation for subsequent legal documentation and is often referenced during the conveyancing process. The document must be drafted in compliance with Hong Kong property laws and regulations, particularly regarding stamp duty requirements and property transaction procedures.

1. Sender's Details: Full name, address, and contact information of the party making the offer

2. Date: Date of the offer letter

3. Recipient's Details: Full name and address of the property owner/seller

4. Property Details: Complete legal description and address of the property being offered to purchase

5. Purchase Price: Clear statement of the offered purchase price in both numbers and words

6. Payment Terms: Details of how and when payment will be made, including any deposits

7. Completion Timeline: Proposed completion date and key milestones

8. Due Diligence Period: Timeframe for conducting property inspections and title searches

9. Offer Validity: Period for which the offer remains valid

10. Acceptance Mechanism: Clear instructions on how and when to accept the offer

11. Signature Block: Space for offeror's signature and date