{"id":124347,"date":"2022-01-25T11:00:28","date_gmt":"2022-01-25T04:00:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-you-need-to-know-when-purchasing-properties-with-a-previous-deed-of-gift\/"},"modified":"2022-01-25T11:07:33","modified_gmt":"2022-01-25T04:07:33","slug":"what-you-need-to-know-when-purchasing-properties-with-a-previous-deed-of-gift","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-you-need-to-know-when-purchasing-properties-with-a-previous-deed-of-gift\/","title":{"rendered":"What you need to know when purchasing properties with a previous deed of gift"},"content":{"rendered":"


\nRisks exist in the purchase of properties where there was a previous assignment at nil consideration or a deed of gift, as the transaction could be set aside should the previous owner go into bankruptcy or liquidation within five years of the or winding up petition.To protect the interests of their clients, estate agents should bring the purchasers\u2019 attention to the possible risks when they are handling transactions involving such properties.Potential risks associated with purchasing properties\u2026
\n
\nSource : South China Morning Post
\nRead more…What you need to know when purchasing properties with a previous deed of gift<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Risks exist in the purchase of properties where there was a previous assignment at nil...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124347","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wlB","jetpack-related-posts":[{"id":121860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-beware-investors-of-real-estate-assets-beyond-hong-kong-should-be-aware-of-risks-rules-and-complications\/","url_meta":{"origin":124347,"position":0},"title":"Buyers beware: investors of real estate assets beyond Hong Kong should be aware of risks, rules and complications","date":"September 7, 2021","format":false,"excerpt":"\r Purchasing properties situated outside Hong Kong, particularly uncompleted ones, is complicated and full of risks.Consumers should study all related information before making a purchase decision and be extremely vigilant when investing in these properties so as to protect their own interests.In Hong Kong, there is no legal requirement that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128772,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-moving-to-scotland-from-england-affect-capital-gains-tax-on-properties\/","url_meta":{"origin":124347,"position":1},"title":"Does moving to Scotland from England affect capital gains tax on properties?","date":"August 22, 2022","format":false,"excerpt":"\r I am struggling to find advice for how my relocation will affect tax on my rented property bought with gifted moneyQ I have a problem over what to do with a property in south-east England, which I bought outright for \u00a3190,000 at the end of 2014. Almost all the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dennis-wee-realty-hit-by-66k-fine-banned-from-selling-overseas-property\/","url_meta":{"origin":124347,"position":2},"title":"Dennis Wee Realty hit by $66k fine, banned from selling overseas property","date":"December 7, 2017","format":false,"excerpt":"\r View of Ibis Budget Hotel in Lymm, United Kingdom. (Photo: Ibis.com) Dennis Wee Realty (DWR) has been prohibited from marketing or transacting foreign properties until 24 November 2018 and is required to pay a fine of $66,000, announced the Council for Estate Agencies\u2019 (CEA) Disciplinary Committee on Wednesday (6\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/woman-admits-to-purchasing-properties-on-behalf-of-three-foreigners\/","url_meta":{"origin":124347,"position":3},"title":"Woman admits to purchasing properties on behalf of three foreigners","date":"December 15, 2021","format":false,"excerpt":"\r For purchasing a restricted residential property on behalf of a foreigner, the 49-year-old Singaporean, Song Fanrong, could be imprisoned for up to three years, fined by up to $100,000, or both. A Singaporean woman admitted to acquiring three semi-detached properties for three foreign friends, with the intent of transferring\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/court-hammer-2.original.jpg?fit=840%2C420&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":119185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-risks-do-hongkongers-face-while-buying-uncompleted-property-abroad\/","url_meta":{"origin":124347,"position":4},"title":"What risks do Hongkongers face while buying uncompleted property abroad?","date":"November 10, 2020","format":false,"excerpt":"\r Over the past few years, it is becoming more popular for Hong Kong people to purchase non-local properties. The risk they face is high, especially when those properties are still under construction, or are yet to be completed.\r\rCurrently, there is no relevant legislation governing the sale of non-local properties\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-watchdog-extends-purview-to-regulate-licensed-property-agents-selling-incomplete-overseas-property\/","url_meta":{"origin":124347,"position":5},"title":"Hong Kong watchdog extends purview to regulate licensed property agents selling incomplete overseas property","date":"August 27, 2019","format":false,"excerpt":"\r The interest of Hong Kong people in purchasing properties situated outside Hong Kong has been on the rise in recent years. At the same time, there has also been an increase in the number of companies, including licensed property agents, taking part in the sale of such properties.\r\rHowever, most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124347"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124347"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124347\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}