The Deposit On Purchase Agreement is a fundamental document in Hong Kong's property transaction process, typically used when a purchaser commits to buying a property and needs to formalize the deposit arrangement. This agreement is crucial in Hong Kong's fast-moving property market, where substantial deposits are common practice and proper documentation is essential for protecting all parties' interests. The document typically includes detailed terms about the deposit amount (usually 3-10% of the purchase price), payment schedule, conditions for forfeiture or return, and how the deposit relates to the final purchase completion. It must comply with Hong Kong's property laws and regulations, including stamp duty requirements and conveyancing practices. The agreement serves as a precursor to the formal Sale and Purchase Agreement and is particularly important in both residential and commercial property transactions.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the Vendor and Purchaser
2. Background: Context of the transaction and brief description of the property being purchased
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Detailed description of the property including address, lot number, and registered details
5. Purchase Price: Total purchase price and payment structure
6. Deposit Terms: Amount, payment timing, and handling of the deposit
7. Completion: Timing and requirements for completion of the purchase
8. Default Provisions: Consequences of default by either party and remedies available
9. Stamp Duty: Obligations regarding payment of stamp duty
10. Representations and Warranties: Key representations and warranties by both parties
11. Governing Law and Jurisdiction: Confirmation of Hong Kong law as governing law and jurisdiction
12. Execution: Signature blocks and execution requirements
1. Property Inspection: Include when the purchaser requires specific inspection rights or conditions
2. Mortgage Arrangements: Include when the purchase involves mortgage financing
3. Property Management: Include when there are specific arrangements regarding management fees or charges
4. Agent Commission: Include when property agents are involved in the transaction
5. Conditions Precedent: Include when completion is subject to specific conditions being met
6. Special Conditions: Include when there are unique circumstances or requirements for the specific transaction
1. Property Schedule: Detailed property description, including fixtures and fittings
2. Payment Schedule: Breakdown of payment installments and timing
3. Title Documents: List of relevant title documents and encumbrances
4. Completion Requirements: Checklist of documents and requirements for completion
5. Property Inspection Report: If applicable, findings from property inspection
6. Existing Tenancies: If applicable, details of any existing tenancy agreements
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Management
Investment
Retail (for commercial properties)
Hospitality (for hotel/resort properties)
Relevant Teams
Legal
Real Estate
Sales
Compliance
Property Management
Investment
Operations
Risk Management
Finance
Business Development
Relevant Roles
Property Lawyer
Real Estate Agent
Property Developer
Investment Manager
Legal Counsel
Conveyancing Manager
Property Manager
Sales Director
Compliance Officer
Contract Manager
Real Estate Investment Advisor
Property Acquisition Manager
Legal Director
Transaction Manager
Find the exact document you need
OLA Service Level Agreement
A Hong Kong law-governed service level agreement defining performance standards and metrics for Ola's ride-hailing services.
find out more
Nda (Technology)
Hong Kong law-governed NDA designed for protecting technical and technological confidential information, suitable for both established companies and startups.
find out more
General Risk Assessment Form
A structured workplace safety assessment tool compliant with Hong Kong's occupational safety regulations, used for identifying and managing workplace risks.
find out more
Overloan Agreement
A Hong Kong law-governed agreement establishing terms for extending credit beyond existing facility limits, including repayment terms and security arrangements.
find out more
Critical SLA
A Hong Kong law-governed Critical Service Level Agreement defining essential service commitments and performance standards for mission-critical services.
find out more
Securities Purchase Agreement
A Hong Kong law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring compliance with local securities regulations.
find out more
Personal Data Processing Agreement
Hong Kong law-governed agreement setting out terms for processing personal data, ensuring PDPO compliance and data protection safeguards.
find out more
Third Party Risk Assessment
A risk assessment framework for third-party relationships compliant with Hong Kong regulations and international standards.
find out more
Stock Photo License
A Hong Kong law-governed agreement for licensing and using stock photographs, establishing usage rights, restrictions, and fees.
find out more
Share Sale Deed
A Hong Kong law-governed deed for the sale and transfer of shares between parties, detailing all terms and conditions of the transaction.
find out more
Personal Loan Repayment Agreement
A Hong Kong law-governed agreement setting out terms and conditions for personal loan repayment, including loan amount, interest, and repayment schedule.
find out more
Third Party Payment Contract
A Hong Kong-governed agreement establishing terms for third-party payment processing arrangements, including regulatory compliance and operational procedures.
find out more
Convertible Note Contract
A Hong Kong law-governed agreement documenting terms of a debt investment that can convert into company equity, typically used in startup funding rounds.
find out more
Business Sales Agreement Form
A Hong Kong law-governed agreement establishing terms for business-to-business sales transactions.
find out more
Model Form Contract
A standardized contract template governed by Hong Kong law, designed for commercial relationships and adaptable to various business arrangements.
find out more
Global Collateral Account Control Agreement
A Hong Kong law-governed agreement establishing control rights over global collateral accounts, defining the relationships between account holder, secured party, and account bank.
find out more
Deposit On Purchase Agreement
A Hong Kong law-governed agreement that establishes terms for property purchase deposits, including payment conditions, forfeiture rules, and completion requirements.
find out more
Security Logging Policy
An internal policy document establishing system logging requirements and procedures compliant with Hong Kong regulations and cybersecurity guidelines.
find out more
Platform SLA
A Hong Kong law-governed Service Level Agreement defining performance standards and operational commitments for platform services.
find out more
Pledge Note
A Hong Kong law-governed security document creating a pledge over specified assets to secure underlying obligations.
find out more
Real Estate Sales Contract For Sale By Owner
A Hong Kong law-governed real estate sales contract for direct property transactions between owners and buyers, without agent involvement.
find out more
Collateral Account Control Agreement
A Hong Kong law agreement establishing control over a deposit account as collateral security, between an account holder, secured party, and deposit bank.
find out more
Collateral Account Agreement
A Hong Kong law-governed agreement establishing security over a bank account and its contents, detailing account control and enforcement rights.
find out more
Security Service Termination Letter
A formal notice under Hong Kong law to terminate security service arrangements between a provider and client, including termination terms and transition requirements.
find out more
Convertible Bond Subscription Agreement
A Hong Kong law-governed agreement setting out terms for investing in convertible bonds, including subscription details and conversion rights.
find out more
Key Employee Agreement
Hong Kong-governed employment agreement for senior executives and key employees, including comprehensive terms and protections for both parties.
find out more
Bank Account Pledge Agreement
A Hong Kong law-governed agreement creating security over bank accounts in favor of a lender/security agent to secure financial obligations.
find out more
Collateral Management Agreement
A Hong Kong law-governed agreement establishing terms for managing collateral arrangements between financial institutions, including custody, valuation, and enforcement rights.
find out more
Convertible Notes Agreement
A Hong Kong law-governed agreement establishing terms for a debt investment that can convert into company equity, including conversion mechanisms and investor protections.
find out more
Convertible Agreement Regarding Equity
A Hong Kong law-governed agreement providing investors with rights to future equity in startups, typically used for early-stage funding.
find out more
Intercompany Trademark License Agreement
A Hong Kong law-governed agreement for licensing trademarks between companies within the same corporate group, establishing usage terms and compliance requirements.
find out more
Informal Rental Agreement
A simplified residential rental agreement template compliant with Hong Kong law, designed for straightforward property rental arrangements.
find out more
Debenture Loan Agreement
A Hong Kong law-governed agreement combining loan provisions with security arrangements over company assets, creating fixed and floating charges to secure the borrower's obligations.
find out more
Convertible Debenture Agreement
A Hong Kong law-governed agreement establishing a debt instrument that can be converted into company shares, detailing loan terms and conversion mechanisms.
find out more
Collateral Security Agreement
A Hong Kong law-governed agreement creating security interests over specified collateral to secure defined obligations, including enforcement and perfection mechanisms.
find out more
Commercial Photography Contract
A Hong Kong-governed contract establishing terms and conditions for commercial photography services, including usage rights and deliverables.
find out more
Promissory Note And Deed Of Trust
A Hong Kong law-governed instrument combining a promissory note with trust arrangements to secure debt obligations and manage associated assets.
find out more
Credit And Collection Letter
A formal payment demand document used in Hong Kong to request settlement of outstanding debts, compliant with local financial and privacy regulations.
find out more
Contract Of Sale Of Motor Vehicle
A Hong Kong-governed agreement for the sale and transfer of ownership of a motor vehicle, including essential terms and conditions under local law.
find out more
Collateral Sharing Agreement
A Hong Kong law-governed agreement establishing arrangements between multiple creditors for sharing and managing common security interests and collateral.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)