Login / Register

User Name
Password

Search



Advanced Search

Advertisers

Apartment Rental Conventions in HK ...

Reply
 
Tools Rate
  #1  
Old 14-05-2004, 05:32 AM
Registered User
 
Join Date: May 2004
Location: 奥克兰, 新西兰
Posts: 7
Bernard is on a distinguished road
Apartment Rental Conventions in HK ...

Hi all,

I am curious as to what is the convention in HK for initiation of a tenancy agreement.

For example, in New Zealand rental agreements are worked out on the basis of a _weekly_ rental price: one pays 2 weeks bond (held by a government agancy in case of disputes at the end of the tenancy), 2 weeks rent in advance, and if you find a place thru a property agent, they take equivalent of 1 week rent for their fee. So equivalent of 5 weeks rent as an initial payment. Rent is usually paid weekly or sometimes fortnightly.

Clearly things work differently in HK, as all rental property advertisements quote a _monthly_ fee - not weekly. I could be wrong, but I assume there are some conventions that are followed when renting an apartment in HK? if so, how does it work?

Cheers,

Bernard
Reply With Quote
Reply
Similar Threads
Thread Forum
Weekly Rental Serviced Apartment Hong Kong Accommodation
Credit History for Apartment Rental?? Business and Finance
apartment/service apartment on rent from 21st feb to 5th march Hong Kong Accommodation
Dog Friendly Rental Apartment Wanted Everything Else
Negotiating Apartment Rental Everything Else


Tools
Rate This Thread
Rate This Thread:


All times are GMT +8. The time now is 09:22 AM.