Change of Ownership of Home Ownership Scheme Units

Transfer of ownership-Home Ownership Scheme (HOS)/Private Sector Participation Scheme (PSPS)/ Tenants Purchase Scheme (TPS) units

According to the Housing Ordinance, a flat cannot be freely transferred unless it is resold in the secondary market two years after the first sale date, or a premium has been paid. However, under special circumstances, the Housing Authority (HA) may, on a case-by-case basis, approve applications for transfer of ownership. The reasons for applying for general ownership transfer are as follows:

Apply for spouse to join as co-owner.

Transfer of ownership to spouse due to divorce or separation application

Transfer of ownership to other family members due to marriage and moving out to live with spouse.

Owners transfer their ownership to other family members because of emigration or long-term work overseas.

Owners or spouses or registered family members change their ownership because they apply for housing benefits for civil servants or housing benefits provided by employers.

Application for change of ownership due to down payment or mortgage contribution of registered family members.

Apply for change of ownership due to the death of the owner

Owners apply for change of ownership due to old age (that is, 65 or above)

Owners apply for change of ownership due to major diseases (such as cancer)

Because of bankruptcy, the owner changed his ownership.

In addition to the above reasons, other reasons will be considered under special circumstances.

Prerequisites for application

The transfer of ownership must be handled in the form of a transfer contract that does not involve monetary consideration (except bankruptcy cases); and

The prospective transferee must be a registered family member of the property owner (except the death of the owner).

Application description

The applicant must fill in all the information required for the application, otherwise we have the right to refuse the application.

The applicant must explain the reasons for the transfer of ownership in the application form and submit copies of relevant supporting documents, such as:

-When applying for transfer because of moving out to live with your spouse after marriage, you must submit a copy of your marriage certificate and proof of your new address;

-When the owner, spouse or registered family member applies for transfer due to the housing benefits provided by the employer, they must submit a copy of the approval certificate issued by the employer;

-When applying for transfer of ownership on the grounds of divorce, a copy of the absolute judgment (divorce) and the court order must be submitted;

-If an application for change of ownership is made due to the death of the owner, copies of the letters of administration (together with the affidavit of identity confirmation of the administrator)/probate, death certificate and exemption certificate of inheritance tax shall be submitted; or

-When applying for transfer of ownership due to the bankruptcy of the owner, copies of bankruptcy order and summary order must be submitted.

The personal data provided by the applicant in the application will be used for processing the application for transfer of title and providing it to the Rating and Valuation Department for issuing a demand for rates/government rent.

Providing personal data is voluntary. However, if the applicant fails to provide sufficient information, we may not be able to process the application.

Applicants have the right to access or correct personal data. Enquiries about access to or correction of personal data can be addressed to the "departmental data management officer" of the China Hong Kong Housing Authority's head office at 33 Foguang Street, Homantin, Kowloon.

Applicants are required to pay a handling fee (currently HK$ 2,000) when submitting their applications. Even if the application is not approved, or the applicant intends to cancel the transfer application, the handling fee paid will not be refunded.

After the application is completed, it must be sent to the lease management office. Please refer to the attached table (1) for the address (for Home Ownership Scheme/Private Sector Participation Scheme buildings); Or Schedule (2) (in the case of Tenants Purchase Scheme buildings).

After receiving all the documents, the Housing Subsidy Section usually sends a letter to the applicant within six weeks to inform the applicant of the application result. Reference: Housing Authority /b5/ Housing /shos/ Ownership/0,00. It is understood that there are the following procedures, so don't bother!

1. premium, to pay a sum;

2. The sale of general buildings requires bank valuation (if mortgage is required). Secondly, if you buy or sell your own house, you may have to pay printing fees and valuation fees because you don't pay the market price; and

Of course, you have to do it in the lawyer's office, and there is a third one.

It is basically the above three parts. If you want to mortgage, you have to check whether there is a bank mortgage and whether the interest rate is low or not. How annoying! Well, you don't have to pay for the land rack!

1, go to the Housing Authority to "change the form" and hand in the form (2200 administrative fee).

If the building is not finished, ask the bank for a consent.

3. Paid by a lawyer .........

If there is no money to buy or sell, it will cost about seven or eight thousand in three months.

I made it myself last year.

2006-11-2914: 27: 40 Supplement:

Excuse me! Wrong number. 3. Press the lawyer to do it (you must fight! ! Although he has nothing to do, he only knows how to collect money. ps。 .........., left bank, was asked first because he became a leftist! ! I've been there myself,