Application for transfer of ownership through a flats sale or purchase. 3. Tenants are required to submit a written offer. 4. Ownership criteria and application forms to be used. 5. The application form will be released the day of the first Tenants Meeting. 6. Ownership transfer on application for transfer of ownership of flats or land. 7. Tenants must be able to substantiate the financial responsibility. 8. Tenant shall not transfer of ownership if he/she has received notice of eviction, detention or eviction proceedings. 9. Tenants may transfer the Ownership to another person without further prior approval. 11. The flats may be owned by a tenant, a beneficiary under the Home Ownership and Equity Leasing Scheme (HOE), a mortgagee of a Housing Corporation Fund Loan, Government or State owned property, or a charitable organization that is not a Government funded scheme. 12. The application form will be available on the day of the first meeting. 13. No later than the tenth day after application is received, a tenancy agreement will be drawn up by the parties and the Tenants Management Board (TMB), and the agreement will be registered in the Register of Tenants in Hong Kong. 14. Ownership may be transferred for a period of 15 years after the end of the Agreement or 30 years upon application for ownership transfer. 15. The TMB shall make a decision on the application for ownership transfer and any extension in accordance with its rules. 16. The TMB may make a decision that the owner is not acceptable or the person in charge of the property is not competent and the application for ownership transfer shall be denied. 17. The TMB may deny the application for ownership transfer and allow the applicant to keep the property. 18. The TMB shall consider the amount of property that is transferred in the application and the reason and may allow further transfer of the properties. 19. Where two persons jointly hold the same property, but it is jointly owned by both of them, the TMB may grant joint ownership. 20. Where a person has been unable or unwilling to provide the required documents because of illness or because it is not possible to do so when such documents are required, or where the property is not located for sale or purchase, the TMB shall provide the required documents. 21.
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HONG KONG HOUSING AUTHORITY HOME OWNERSHIP AND PRIVATE SECTOR SCHEME PARTICIPATION SCHEME AND TENANTS PURCHASE SCHEME INFORMATION FOR APPLICANTS ON APPLICATION FOR TRANSFER OF OWNERSHIP Prepared by
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What is hong kong housing authority?
The Hong Kong Housing Authority (HKHA) is a statutory body responsible for the planning and development of public housing in Hong Kong.
Who is required to file hong kong housing authority?
The Hong Kong Housing Authority is responsible for filing its own reports and financial statements.
How to fill out hong kong housing authority?
To fill out the Hong Kong Housing Authority, the authorized personnel needs to gather the required information, complete the relevant forms, and submit them through the designated channels.
What is the purpose of hong kong housing authority?
The purpose of the Hong Kong Housing Authority is to plan, develop, and manage public housing to provide affordable and adequate housing options for the people of Hong Kong.
What information must be reported on hong kong housing authority?
The Hong Kong Housing Authority must report on its financial statements, budgetary information, housing development plans, operational performance, and other relevant data.
When is the deadline to file hong kong housing authority in 2023?
The specific deadline to file the Hong Kong Housing Authority in 2023 will be determined and announced by the relevant authorities. It is recommended to refer to official notifications and guidelines for the exact deadline.
What is the penalty for the late filing of hong kong housing authority?
The penalty for the late filing of the Hong Kong Housing Authority may vary depending on the specific circumstances and regulations. It is advisable to consult the relevant authorities or refer to official guidelines to determine the applicable penalties.
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