1. SALE OF PROPERTY

1.1 Inform RVD of Change of Payer's Particulars (Name and Correspondence Address)

The new owner is advised to notify RVD of the change in payer's particulars (payer's name and correspondence address) upon completion of a sale transaction via one of the following means:

a.  Form or Slip Submission
 

Please complete and return one of the following form/slip to RVD by post, fax, email or in person:

*  Form RVD1006 (Notification of Change in Payer's Particulars), which can be obtained from:
  *  RVD's homepage; or
  *  24-hour Hotline 2152 2152; or
  *  RVD office; or
  *  District Offices

OR

*  Slip for Change of Payer's Particulars (at the back page of the Demand for rates and/or Government rent).
 
b.  Letter or Email
  To notify RVD by letter or email of the new payer's name, correspondence address and contact phone number. The property address and Account Number of the property should be quoted.
 
c.  Online Change of Payer's Particulars
 
Note:  To change payer's particulars online, you need to have the 15-digit Account Number of the property which is printed on the left-hand corner of the Demand for Rates and/or Government Rent.

Points to Notes

I.  Reason for Timely Notifying RVD of Change in Payer's Particulars
  Since the registered payer of a rates and Government rent account can be the owner, occupier or agent for the owner or occupier of the property, RVD will not automatically change the payer's particulars when there is a change in property ownership. The new payer therefore needs to inform RVD of any changes in the payer's particulars. After the notification, the new payer can timely receive Demands for rates and/or Government rent for settlement before the due date.
 
II.  Consequences of Non-Notification
  If no notification is given to RVD, Demands for rates and/or Government rent will be issued in accordance with the previous payer's record of RVD. Late receipt of the demand by the new payer may result in late payment of rates and/or Government rent. Any late settlement of the Demand for rates and/or Government rent will result in a 5% surcharge imposed immediately after the last day for payment. A further 10% surcharge will be imposed on any amount remaining outstanding (including the 5% surcharge already imposed) six months after the original last day for payment. Recovery action will be taken if the amount demanded is still not settled.