Legal documents contained in the land register With the land register, we can search the legal documents that are listed under the category of incumbrances. An agreement about a loan being made. The first agreement signed by the buyer and the seller of the property and at which an initial deposit is paid. There is no transfer of property since the agreement is not yet final. It is usually prepared by the real estate agent.
Stamp duty is payable when the agreement is signed.
The sale of uncompleted flats, a popular practice in Hong Kong. It is not a complete transfer of the property since the first buyer is the only eligible buyer recognized by the sale and purchase agreement. When the flat is completed, the first buyer signs an assignment, a legal agreement with the developer and becomes the owner of the flat. The first buyer could then sell it to the second buyer. An agreement to any premises, whether oral or in writing.