{"id":5173,"date":"2020-05-17T18:11:44","date_gmt":"2020-05-17T10:11:44","guid":{"rendered":"https:\/\/www.spacious.hk\/en\/blog\/?p=5173"},"modified":"2020-05-21T17:53:32","modified_gmt":"2020-05-21T09:53:32","slug":"what-home-buyers-need-to-know-about-the-land-registry-b2b","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/what-home-buyers-need-to-know-about-the-land-registry-b2b","title":{"rendered":"What Home Buyers Need to Know About the Land Registry"},"content":{"rendered":"<p><strong>What services does Land Registry (LR) provide?<\/strong><\/p>\n<ul>\n<li>Deeds Registration<\/li>\n<\/ul>\n<p>If a member of the public purchases a property or becomes a party to a property transaction, he\/she will need to execute a deed or other document. That deed or document will normally be registered with the Land Registry because registered documents would have a&nbsp;priority over unregistered documents and other documents registered after it.<\/p>\n<ul>\n<li>Search of Land Records<\/li>\n<\/ul>\n<p>At the Land Registry&#8217;s Customer Centre and the New Territories Search Offices, customers can use the Counter Search and Self-service Search services to conduct searches of land records. They can also use the online&nbsp;Integrated Registration Information System (IRIS).<\/p>\n<ul>\n<li>Owners&#8217; Corporations<\/li>\n<\/ul>\n<p>The LR is responsible for processing and approving applications for registration of owners&#8217; corporations, issuing certificates of registration and maintaining a register of corporations for public search.<\/p>\n<ul>\n<li>e-Alert Service<\/li>\n<\/ul>\n<p>Subscription service for property owners to better protect their interests.&nbsp;Subscribers of the service&nbsp;will receive an email alert of the delivery of any instrument to the Land Registry for registration against their property.<\/p>\n<p><strong>What useful information can the public get from the Land Registry (LR) ?<\/strong><\/p>\n<p>1. Land Records: Land Register, Memorial, Memorial Day Book, Government Lease and Block Government Lease.<\/p>\n<p>2. Statistics (number of deeds and their consideration):&nbsp;Agreements for Sale and Purchase of Building Units, Agreements for Sale and Purchase of Land,&nbsp;Assignments of Building Units,&nbsp;Assignments of Land, Building Mortgages\/Building&nbsp;Legal Charges,&nbsp;Leases\/Tenancy Agreements.<\/p>\n<p>Take agreements for sale and purchase of building units as an example, the LR lists out not only the consolidated monthly statistics but also the year-on-year rate of change and monthly statistics&nbsp;on a regional basis.&nbsp;&nbsp;If you are interested in more information about transaction history, Spacious can also provide detailed searches of <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/transactions\">transaction records<\/a>.<\/p>\n<p>Many people think that they can check whether a house is haunted through the Land Registry. In fact, the LR does not provide this kind of service. <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/\">Spacious <\/a>has a page called <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/resources\">&#8220;Hong Kong Resources&#8221; <\/a>on which there is a list of <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/resources\/tragic-events\">haunted houses in Hong Kong<\/a>. Home buyers can also find the latest properties <a href=\"https:\/\/www.spacious.hk\/en\/hong-kong\/for-sale\">for sale in Hong Kong<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What services does Land Registry (LR) provide? Deeds Registration If a member of the public purchases a property or becomes a party to a property transaction, he\/she will need to execute a deed or other document. That deed or document will normally be registered with the Land Registry because registered documents would have a&nbsp;priority over unregistered documents and other documents [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":5176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[98,68,82,127,67],"class_list":["post-5173","post","type-post","status-publish","format-standard","hentry","category-hong-kong-property","tag-hong-kong","tag-hot-news","tag-market","tag-second-hand","tag-spacious-news"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/5173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=5173"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/5173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/5176"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=5173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=5173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=5173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}