Different jurisdictions have different regulatory regimes governing property transactions. For the better understanding of the purchasers as to their position as a foreign buyer, licensed property agents are required, with regard to the uncompleted properties situated outside Hong Kong (“UPOH”) offered for sale, to obtain and provide to the purchasers with a written copy of legal opinion issued by a lawyer practicing in the place where the UPOH are situated which include the following material information on:
The above legal opinion must be issued and provided to the purchasers in either Chinese or English. If the legal opinion is issued in other languages, a translation in either Chinese or English must be provided.