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1. Parties: Identification and details of the Vendor and Purchaser, including their full legal names, addresses, and registration numbers if companies
2. Background: Context of the transaction, including brief description of the property and the parties' intention to enter into an installment sale arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including Property, Completion Date, Purchase Price, Installment Payments, etc.
4. Sale and Purchase: Core agreement for the sale and purchase of the property, including the total purchase price and basic terms
5. Property Description: Detailed description of the property including lot number, address, registered area, and boundaries
6. Purchase Price and Payment Terms: Detailed breakdown of the purchase price and installment payment schedule, including amounts, due dates, and payment methods
7. Title and Ownership: Vendor's warranties regarding clean title and provisions regarding transfer of ownership
8. Completion: Conditions and procedures for completion of the sale, including final payment and property handover
9. Default and Remedies: Consequences of default in installment payments and available remedies for both parties
10. Registration and Stamp Duty: Provisions regarding property registration and payment of applicable stamp duties
11. Representations and Warranties: Standard representations and warranties from both parties
12. Costs and Expenses: Allocation of legal costs, registration fees, and other expenses
13. Notices: Procedures for giving notices under the agreement
14. Governing Law and Jurisdiction: Confirmation of Hong Kong law as governing law and jurisdiction
1. Property Condition: Used when specific conditions about the property's physical state need to be documented or when the property is sold 'as is'
2. Construction Completion: Required when the property is under construction, including completion timeline and specifications
3. Existing Tenancies: Included when the property is subject to existing tenancy agreements
4. Environmental Matters: Required when there are specific environmental considerations or requirements for the land
5. Development Restrictions: Used when the land is subject to specific development or usage restrictions
6. Insurance: Optional provisions regarding insurance requirements during the installment period
7. Assignment Restrictions: Used when there are specific restrictions on the purchaser's ability to assign rights under the contract
8. Force Majeure: Optional clause dealing with unforeseen circumstances that might affect completion
1. Schedule 1 - Property Details: Detailed property information including exact measurements, boundaries, and included fixtures
2. Schedule 2 - Payment Schedule: Detailed installment payment schedule with specific amounts and due dates
3. Schedule 3 - Title Documents: List of title documents and encumbrances affecting the property
4. Schedule 4 - Completion Requirements: Detailed list of documents and requirements for completion
5. Appendix A - Property Plans: Official plans and drawings of the property
6. Appendix B - Land Search Results: Recent land search results showing current title status
7. Appendix C - Special Conditions: Any special conditions or restrictions affecting the property
8. Appendix D - Form of Assignment: Template for the final assignment deed to be used upon completion
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