Purchasing Property

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Revision as of 11:24, 11 October 2024 by 8fedg (talk | contribs) (Created page with "== Important Considerations == === In DB, there are some important things to consider when buying a flat: === * Each flat in DB has a club membership attached to it and the owner should have applied to transfer themselves upon purchasing the flat. The club makes adjustment to this cost from time to time<ref>Transfer of DBRC Resident Membership https://www.dbrc.hk/pdf-forms-d0ab94c3ea58504f50be5723c8d6d500.pdf</ref>. If this was not done, the new owner will be on the...")
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Important Considerations

In DB, there are some important things to consider when buying a flat:

  • Each flat in DB has a club membership attached to it and the owner should have applied to transfer themselves upon purchasing the flat. The club makes adjustment to this cost from time to time[1]. If this was not done, the new owner will be on the hook to pay the transfer fee(s) of the previous owner(s) if they had neglected it and at the current rate!
  1. ↑ Transfer of DBRC Resident Membership https://www.dbrc.hk/pdf-forms-d0ab94c3ea58504f50be5723c8d6d500.pdf
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