Real Estate Due Diligence in Hong Kong

A presentation brought to you by LawFirmHongKong.com

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Building Verification in Hong Kong

• Real estate investors who plan on purchasing commercial or industrial real estate should take the time to thoroughly inspect the building before buying it.

• The due diligence is useful and protects the buyer from an investment that can later prove to be unprofitable.

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Real Estate Due Diligence inHong Kong

• Real estate due diligence is a complex verification of the building’s legal and engineering particularities.

• The buyer is given a certain amount of time to perform this verification before making the final payment on the building.

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The Real Estate Due Diligence Process in Hong Kong >>

• The real estate due diligence verification is performed with the help of one or more experts who are able to assess the structure from various points of view.

• The findings of the verification can prove to be important for negotiating the final purchase price.

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>>The Real Estate Due Diligence Process in Hong Kong

• A real estate due diligence verification can be performed for the following types of properties in Hong Kong:

office buildings; retail stores; shopping centres; apartment buildings; manufacturing facilities; restaurants and other venues.

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Real Estate Due Diligence Checklist

• The due diligence process includes a checklist for the items verified during the inspection:

financial information: loans, mortgages, leases; property tax compliance; financial audit; insurance policies; engineering and risk inspection; inventories.

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Steps for Buying Property in Hong Kong >>

• Entrepreneurs who want to invest in real estate have the same freedom to purchase property as Hong Kong nationals.

• Buildings may be refurbished and leased or sold or used as a business office in Hong Kong.

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>> Steps for Buying Property in Hong Kong

• The first step when purchasing real estate in Hong Kong is to conclude a preliminary sales/purchase agreement.

• The final property purchase agreement is concluded after the real estate due diligence process is complete and the buyer has a true image of the property’s value.

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Investing in Real Estate in Hong Kong

• Hong Kong’s property market is dynamic and presents a multitude of possibilities to foreign investors.

• Entrepreneurs can work with a real estate agent or broker to have access to new offers. A law firm in Hong Kong can provide the needed analysis for a property in the city.

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Legal Assistance for Real Estate Due Diligence in Hong Kong

• If you are interested in purchasing property in Hong Kong you can contact our Hong Kong law firm.

• Our experts can provide you with legal advice and counselling throughout the property purchase.

Thank You for Your Attention!

For more information please contact us at:

+ 852 8191 3385 (for international clients)

office@lawfirmhongkong.com

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