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Short Lease Agreement for Hong Kong

Short Lease Agreement Template for Hong Kong

A Short Lease Agreement under Hong Kong law is a legally binding document that establishes a temporary right to occupy and use a property in exchange for rent. This document, governed by Hong Kong's Landlord and Tenant (Consolidation) Ordinance, typically covers lease terms of less than three years and includes essential provisions for rent, duration, deposits, and maintenance responsibilities. It incorporates specific Hong Kong legal requirements such as stamp duty obligations and complies with local property regulations while providing a clear framework for both landlord and tenant rights and obligations.

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Short Lease Agreement

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What is a Short Lease Agreement?

The Short Lease Agreement is a fundamental legal document used in Hong Kong's property market for both residential and commercial lettings. It is particularly suitable for lease terms under three years and provides a standardized framework for documenting the landlord-tenant relationship while ensuring compliance with Hong Kong's property laws and regulations. This document is essential for protecting both parties' interests, clearly defining their rights and obligations, and ensuring proper documentation of key terms including rent, duration, deposit, and maintenance responsibilities. The agreement must comply with the Landlord and Tenant (Consolidation) Ordinance and other relevant Hong Kong legislation, including stamp duty requirements and building management regulations.

What sections should be included in a Short Lease Agreement?

1. Parties: Identification of landlord and tenant with full legal names and addresses

2. Background: Brief context explaining the intention to create a lease agreement

3. Definitions: Key terms used throughout the agreement

4. Property Details: Specific description and address of the property being leased

5. Term and Commencement: Duration of lease and start date

6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment

7. Deposit: Security deposit amount, terms of holding and return

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

9. Use of Property: Permitted use and restrictions on use of the property

10. Tenant's Obligations: Key responsibilities of the tenant including maintenance, repairs, and conduct

11. Landlord's Obligations: Key responsibilities of the landlord including structural repairs and insurance

12. Termination: Circumstances and process for ending the lease

13. Notices: How formal communications between parties should be made

14. Governing Law: Confirmation that Hong Kong law governs the agreement

What sections are optional to include in a Short Lease Agreement?

1. Furniture and Fittings: Details of furnished items if the property is let furnished

2. Special Building Rules: Include if the property is subject to specific building management rules

3. Pet Clause: Include if pets are allowed or specifically prohibited

4. Break Clause: Optional early termination provisions if agreed between parties

5. Subletting and Assignment: Include if subletting or assignment rights are to be granted

6. Renovation and Alterations: Include if specific renovation rights or restrictions are needed

7. Car Parking: Include if parking space is part of the lease

8. Access Rights: Include if there are special arrangements for landlord access

What schedules should be included in a Short Lease Agreement?

1. Schedule 1 - Property Inventory: Detailed list of furniture, appliances and fittings if property is furnished

2. Schedule 2 - Property Condition Report: Documentation of property condition at commencement of lease

3. Schedule 3 - Building Rules: Copy of building management rules if applicable

4. Schedule 4 - Floor Plan: Layout of the property including any excluded or included areas

5. Appendix A - Utilities Reading: Initial meter readings for utilities at handover

6. Appendix B - Handover Checklist: List of items to be checked during property handover

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Hong Kong

Document Type

Reference Letter

Cost

Free to use
Relevant legal definitions


























Clauses
























Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

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Hospitality

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Corporate Services

Relevant Teams

Legal

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Operations

Compliance

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Administration

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Finance

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Facilities Manager

Corporate Housing Manager

Leasing Manager

Property Administrator

Compliance Officer

Real Estate Director

General Counsel

Operations Manager

Asset Manager

Property Developer

Business Owner

Office Manager

Industries






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