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Provision of Information to RVD Upon Sale/Lease

Guidelines for Providing Information to Rating and Valuation Department (RVD) Upon Completion of a Sale or Lease Transaction


SALE

Upon completion of a sale transaction, the new owner (or the authorised agent/representative) is advised to notify RVD of any changes in payer's particulars (name and correspondence address) by:

  1. Form or Slip Submission; or
  2. Letter or Email; or
  3. Online Change of Payer's Particulars.

LEASE

Upon completion of a lease transaction including fresh letting and renewal, the landlord/tenant (or their agent/representative) is advised to notify RVD of any changes in payer's particulars (name and correspondence address), and provide rental particulars for lease transactions.

1 Domestic Property

  1. Landlord/Principal Tenant to submit Form CR109 to RVD
  2. Landlord/Principal Tenant or Tenant to notify RVD if there is any change in payer's particulars (name and correspondence address)

2 Non-Domestic Property

Landlord or Tenant to:

  1. Provide Rental Information to RVD
  2. Notify RVD if there is any change in payer's particulars (name and correspondence address)

WHAT ARE THE BENEFITS ?

  • Ensure timely receipt of rates and/or Government rent demands at the new payer's correspondence address.
  • Facilitate rating assessments by providing the up-to-date rental information.
  • Free of charge endorsement of Form CR109 submitted timely, and such endorsement would entitle the landlord to maintain an action to recover the rent under the Landlord and Tenant (Consolidation) Ordinance.
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