Arrange Condo Transfer Payments, Documents and Keys

Have the documents checked in advance

Confirm identity, ownership, authorisation and any applicable marital or co-ownership documents. Foreign buyers also need the appropriate eligibility, quota and bank funding evidence. Ask building management about the relevant transfer certificates and timing. If the seller has a mortgage, the bank and registration professionals should agree how redemption, discharge and transfer will be coordinated.

Prepare the final settlement

Separate the remaining price, taxes and fees, bank-redemption payment and agreed allocations such as common fees. Identify the payer, recipient, amount and method for each item. Use recently confirmed figures when preparing bank payment instruments. Check any change of amount or recipient before releasing funds.

Agree the handover

Record keys, access cards, inventory, readings and the actual possession time. A property with a tenant needs separate arrangements for the tenancy, deposit and notices; do not also promise vacant possession. After registration, check the recorded details and keep official receipts and the parties’ settlement record. Confirm condition and contents when the keys are handed over.

For the next step, read: Build an Itemised Property Transfer Budget

Sources checked on 4 November 2026: Department of Lands registration-fee guidance；Revenue Department property-sale tax guidance；Department of Lands condominium ownership and registration information

For focused next steps, read Authorise an Agent to Sign a Specific Property Document and Account for a Tenant’s Deposit When Selling a Property.