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The Residential Tenancy Agreement Standard Form Of Lease is a fundamental legal document used in Hong Kong for establishing residential rental arrangements. This document is essential for any residential property letting in Hong Kong, ensuring compliance with local legislation including the Landlord and Tenant (Consolidation) Ordinance. It is designed to protect both landlord and tenant interests while maintaining consistency with Hong Kong's property laws and regulations. The agreement covers crucial aspects such as rental terms, security deposits, maintenance obligations, and termination conditions, and can be used for both furnished and unfurnished properties. It includes provisions specific to Hong Kong's residential property market and incorporates requirements for proper stamping and registration as required by local authorities.

1. Parties: Identification and details of the landlord and tenant, including Hong Kong ID numbers/passport numbers and correspondence addresses

2. Background: Brief context of the tenancy arrangement and property ownership

3. Definitions: Key terms used throughout the agreement including 'Premises', 'Term', 'Rent', 'Deposit' and other relevant terminology

4. Demise: Formal grant of tenancy, specifying the premises being let

5. Term: Duration of the tenancy, including start and end dates

6. Rent and Payment Terms: Rent amount, payment schedule, payment method, and late payment consequences

7. Deposit: Security deposit amount, terms of holding and conditions for refund

8. Utility Charges: Responsibility for payment of utilities, including electricity, water, gas, and other charges

9. Use of Premises: Permitted use of the property and restrictions

10. Tenant's Obligations: Comprehensive list of tenant responsibilities including maintenance, repairs, alterations, and conduct

11. Landlord's Obligations: Comprehensive list of landlord responsibilities including structural repairs and quiet enjoyment

12. Insurance: Requirements for insurance coverage and responsibilities of each party

13. Property Maintenance: Responsibilities for regular maintenance and repairs

14. Entry Rights: Conditions under which the landlord may enter the premises

15. Termination: Grounds and procedures for early termination by either party

16. Default and Remedies: Consequences of breach of agreement and available remedies

17. Notices: Methods and addresses for serving formal notices

18. Governing Law: Specification of Hong Kong law as governing law and jurisdiction