This document serves as a legally binding Shared Tenancy Agreement under Hong Kong law, designed for situations where multiple tenants occupy a single residential property. It is commonly used in Hong Kong's competitive housing market where shared living arrangements are prevalent, particularly in urban areas and among young professionals or students. The agreement comprehensively addresses the complexities of shared tenancies, including rent allocation, utility payments, common area usage, and maintenance responsibilities. It ensures compliance with Hong Kong's property laws, particularly the Landlord and Tenant (Consolidation) Ordinance, while providing clear guidelines for conflict resolution and tenant changes. The document is structured to protect the interests of all parties involved and maintain harmony in shared living arrangements.
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1. Parties: Identifies all parties to the agreement including the landlord and all co-tenants
2. Background: Brief context about the property and purpose of the shared tenancy arrangement
3. Definitions: Defines key terms used throughout the agreement including 'Common Areas', 'Individual Rooms', 'Shared Facilities', etc.
4. Term of Tenancy: Specifies the duration of the tenancy, start and end dates
5. Rent and Payment Terms: Details of rent amount, payment method, due dates, and division of rent among co-tenants
6. Security Deposit: Amount, payment terms, and conditions for return of the security deposit
7. Utilities and Bills: Responsibility for utility payments and how costs are divided among tenants
8. Use of Property: Permitted use of the property, allocation of rooms, and use of common areas
9. Maintenance and Repairs: Responsibilities for maintaining the property and reporting repairs
10. Joint and Several Liability: Establishes shared responsibility of co-tenants for rent and obligations
11. House Rules: Basic rules for shared living including noise, guests, cleaning responsibilities
12. Termination: Conditions and process for ending the tenancy, notice requirements
13. Governing Law: Confirms Hong Kong law governs the agreement
1. Rental Agent: Include when a rental agent is involved in managing the property
2. Subletting: Include if subletting is permitted under specific conditions
3. Pets: Include if pets are allowed or specific pet restrictions apply
4. Replacement Tenants: Include procedures for replacing departing tenants if allowed
5. Special Facilities: Include when property has special facilities like gym, pool requiring specific terms
6. Building Management: Include specific building management rules for properties in managed buildings
7. Stamp Duty: Include specific arrangements for payment of stamp duty if shared between parties
1. Schedule 1 - Property Inventory: Detailed list of furniture, appliances, and fittings provided
2. Schedule 2 - Room Allocation: Specific allocation of rooms to named tenants
3. Schedule 3 - Rent Schedule: Breakdown of rent contribution per tenant and payment details
4. Schedule 4 - Condition Report: Initial condition of the property and any existing damage
5. Schedule 5 - House Rules: Detailed house rules for shared living arrangements
6. Appendix A - Emergency Contacts: List of emergency contacts including property manager, maintenance
7. Appendix B - Utility Agreements: Copies or details of utility account arrangements
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Management
Residential Housing
Student Accommodation
Corporate Housing
Legal Services
Property Investment
Building Management
Relevant Teams
Legal
Property Management
Residential Leasing
Facilities Management
Contract Administration
Compliance
Housing Administration
Real Estate Operations
Student Services
Relevant Roles
Property Manager
Real Estate Agent
Leasing Manager
Legal Counsel
Housing Officer
Tenancy Administrator
Property Administrator
Facilities Manager
Building Manager
Compliance Officer
Contract Administrator
Student Housing Coordinator
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