Property News · December 28, 2017

Hong Kong regulator sets rules for sale of uncompleted overseas property for the first time


The regulator of property agents in Hong Kong has issued guidelines for the sale of uncompleted overseas properties by local agents following repeated complaints by buyers, a move supported by companies in the sector.

The Estate Agents Authority issued a practice circular on the sale of uncompleted properties situated outside Hong Kong after numerous complaints about such properties not being completed and the misrepresentation of property information by agents, said Horace Cheung Kwok-kwan…

Source : South China Morning Post
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