5.4 The New Territories “Small House” Policy

The Ultimate Hong Kong Real Estate Exam Prep

👋 Step 1: READ

📔 Summary Part 1. The Real Estate Agency Trade in Hong Kong

📔 Summary Part 2. Estate Agents Ordinance and Subsidiary Legislation

📔 Summary Part 3. Other Laws Governing Estate Agency Practice and Conveyancing Procedures

✅ Start Here
3.1 Contract and Deeds
3.2 Essential Elements of a Contract
3.3 Interpretation of a Contract
3.4 Breach of Contract and Remedies
3.5 Misrepresentation
3.6 Negligence
3.7 Conveyancing and Property Ordinance (CPO)
3.8 Land Registration Ordinance (LRO)
3.9 Housing Ordinance (HO) - Alienation HOS/TPS
3.10 Personal Data (Privacy) Ordinance (PDPO)
3.11 Unconscionable Contracts Ordinance (UCO)
3.12 Prevention of Bribery Ordinance (PBO)
3.13 Misrepresentation Ordinance (MO) and Control of Exemption Clauses Ordinance (CECO)
3.14 Conveyancing Procedures
3.15 Provisional Agreement for Sale and Purchase (PASP)
3.16 Mortgages
3.17 Stamp Duty
3.18 Calculation of Stamp Duty
3.19 Property Tax
3.20 Government Rent
3.21 Rates
3.22 Profits Tax
3.23 Land Contracts
3.24 Formal Sale and Purchase Agreement (SPA)
3.25 Key Legal Concepts in PASP/SPA
3.26 Completion Process SPA

📔 Summary Part 4. Introduction to the Land Registration System, Land Search and Property-related Information Systems

📔 Summary Part 5. Introduction to Building-related Knowledge, Property Classification and Property Management

📔 Summary Part 6. Principles and Practice of Property Valuation

📔 Summary Part 7. Leasing and Tenancy Matters

📔 Summary Part 8. Effective Agency Management and Supervision of Salespersons to Ensure Compliance

📙 Summary of the Practice Circulars

📗 The Code of Ethics

👋 Step 2: MEMORIZE

👋 Step 3: PRACTICE

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