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Legal Update

New Practice Note on Sale of First-hand Residential Properties in Hong Kong

30 April 2015
Mayer Brown Legal Update
On 29 April 2015, the Sales of First-hand Residential Properties Authority (“SRPA”) issued a new practice note No.PN01/15 (“New Practice Note”) recommending that, from 1 June 2015 onwards, vendors of all first-hand residential developments should display in the sales offices on each date of sale a “consumption table” at a reasonably visible location to set out the following key information.
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