Over the past several years, Hong Kong has seen an extremely increase in how many expatriates settling with this unique and inspiring city, mostly as a result of increasing try to find more outside talent from both local and international companies. Upon arrival, essentially the most important tasks to tackle of those individuals’ involves renting a condo. The procedures involved and tenancy laws related can be extremely different to other cities or countries. This article seeks as an instance some basic real estate property procedures above all tenancy laws involved which I feel are very important to know.
Real Estate Agent:
After the establishment on the ‘Estate Agents Authority’ in 1997, also popularly known as ‘EAA’, property agents require for being licenced to be able to do real-estate work. Most agents can provide a name card once you meet them and licence number should clearly be shown on their name card. Licenced estate agents also need to have in possession their official licence card.
The Estate Agency Form:
Prior to viewing properties, (sometimes after), agents require client to sign a normal estate agency form which lists all of the apartments to watch or already viewed. If you have signed this type and for some personal reason you aren’t content with the agent’s service and judge to rent a condo on the list that has a different agent from your different company, you maybe instructed to pay the previous agent’s company full commission along with your new one. If you do not pay, you might be liable to further penalty. Request to sign this manner is standard practice set because of the ‘Estate Agents Authority, (EAA)’.
Important Things To Check Inside The Apartment:
By Hong Kong law, landlords are necessary to provide appliances, fixtures and fittings in safe and good working condition. Although some agents will go here for you, it’s best you check also when you are better to evaluate which is safe or good having your own business.
During the viewing process, search for any very obvious pest problems. Having a pest problem on your stay which ends up in nuisance to neighbours, being a fault on your own bad hygiene may cause you being kicked out from the apartment from the landlord. This is because of the fact that such negligence can be a breach of some terms in Hong Kong’s tenancy law. Further to being kicked out in the property, many times the landlord deducting amounts out of your security deposit so that you can fix the situation. However if the fault is just not yours, the landlord need to be the one to repay.
Check for just about any leakages. If these are generally evident, have the landlord to repair the problem before you relocate and by law the landlord should pay so as to satisfy the term of providing a safer environment for occupancy. Some leakages can be quite problematic, particularly if they cause nuisance for the property right below yours. If you result in a big leakage and get a new neighbours, anticipate paying for the damages. However in cases when leakages may occur caused by result of bad climatic conditions, the landlord must be involved suggest the costs for repair.
If the landlord offers a furnished apartment, the items also need to be in safe and dealing order. Besides dealing with your own acceptance on the furniture style and items provided, ensure to ensure that they’re in good as with any damages a result of you, the landlord has got the right to request you to definitely pay to the damages.
Some Tenancy Laws To Always Remember During Your Stay:
A standard tenancy law often found is the fact that tenants’ ought to keep the apartment in excellent with ‘fair wear excepted’. Therefore if you break anything, you remedy it or purchase it. Appliances split up and not to your fault in the tenant needs to be fixed and paid for through the landlord.
A strict but basic law which refers to all types of property involves noise control. Hong Kong is regarded being a small city and due to nature of how residential buildings are meant and the fact that many people live not far from one another; noise can travel easily to neighbouring apartments. For nightime, noise volume ought to be reduced into a level which does not affect neighbours by 11pm. Disturbances after 11pm is often a big no no and neighbours can call the building’s management office to handle the case. In the event you check out ignore neighbours or management offices’ request to quieten down, you might find the police knocking with your door. Creating such nuisance is often a breach of some tenancy law as well as the landlord can kick you out of trouble for such actions if made over a continuous basis.
Pay rent by the due date. The tenancy agreement will almost certainly include a term which requests someone to pay rent on time along with the date to cover should clearly show up. Usually a little period of time for lateness is allowed for postage time or time for transfers to get completed. This time period is frequently also clearly shown within the tenancy agreement. By law the landlord can kick you for not paying in time and you might lose your security deposit to be a result.
An important note to remember is the fact if you violate any major terms inside the tenancy agreement and increase the risk for landlord to kick you out of trouble, the landlord may lawfully have the capacity to keep your security deposit fully.