Form 1 lists prescribed sources for the information in Part B of Part 1. Which statements are correct? (i) The unexpired term of the Government lease is taken from the Buildings Department. (ii) The saleable area may be taken from the Rating and Valuation Department. (iii) Particulars of current ownership and subsisting encumbrances are taken from the Land Registry. (iv) The user under the occupation permit may be taken from the Land Registry or the Buildings Department.
Answer: (ii), (iii) and (iv) only. (i) False. The Government lease term and right of renewal come from the Land Registry. (ii) True. Item 2(a) is the saleable area provided by the Rating and Valuation Department; item 2(b) is the saleable area in the first assignment's sale agreement, from the Land Registry. (iii) True. Ownership and subsisting encumbrances come from the Land Registry, and a copy of the land search must be attached. (iv) True. The user under the occupation permit may come from the Land Registry or the Buildings Department. Rule: Form 1 prescribed sources are the Land Registry, the Rating and Valuation Department and the Buildings Department; the agent must state the date each item was obtained. Source: Estate Agents Practice (General Duties and Hong Kong Residential Properties) Regulation (Cap. 511C), Schedule, Form 1, Part 1 Part B and note 11, as at Oct 2026
Sending candidates to the Buildings Department for Government lease details.
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