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This Rolling Tenancy Agreement template is designed for use in Hong Kong's residential property market where flexibility in tenancy duration is desired beyond an initial fixed term. It provides a structured framework for both landlords and tenants, incorporating all essential elements required under Hong Kong law, particularly the Landlord and Tenant (Consolidation) Ordinance. The document is suitable for various residential property types, from apartments to houses, and can be used by both individual and corporate landlords. It includes comprehensive provisions for rent payment, security deposits, maintenance responsibilities, and termination procedures, while maintaining the flexibility characteristic of rolling tenancies. The agreement includes specific clauses addressing local requirements such as stamp duty obligations and registration requirements, making it fully compliant with Hong Kong's legal framework.

1. Parties: Identification and details of the landlord and tenant, including full legal names, identification numbers, and correspondence addresses

2. Background: Brief context explaining the purpose of the agreement and the intent to create a rolling tenancy

3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Term', 'Rent', 'Rolling Period'

4. Demise: Formal grant of the tenancy, specifying the property address and any included/excluded areas

5. Term and Rolling Nature: Details of the initial fixed term and the rolling period mechanism, including how the rolling tenancy operates

6. Rent and Payment Terms: Rent amount, payment frequency, method of payment, and review mechanisms

7. Deposits: Amount of security deposit, handling of deposit, conditions for return

8. Utilities and Outgoings: Responsibility for utilities, management fees, government rent, rates

9. Tenant's Obligations: Comprehensive list of tenant's responsibilities including maintenance, use of premises, conduct

10. Landlord's Obligations: List of landlord's responsibilities including structural repairs, insurance, statutory compliance

11. Termination Provisions: Notice periods and procedures for termination by either party, grounds for early termination

12. Assignment and Subletting: Restrictions on assignment, subletting, and sharing occupation

13. General Provisions: Standard contract clauses including notices, entire agreement, governing law