The Land Registry Annual Report 2010/11

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Vision, Mission, Values and Functions

Our Vision

To be the best in all that we do.

Our Mission

  • To ensure secure, customer friendly land registration and information services.
  • To develop our human resources, information technology and service environment so as to ensure improvement in service quality and value to our customers.
  • To advocate reform of Hong Kong’s land registration system through introduction of title registration.

Our Values

Integrity -   to customers, partners and colleagues we observe the highest ethical standards.
Excellence  -   we aim to excel in all that we do.
Respect  -   we show respect and trust to our customers, partners and colleagues.
Learning  -   we learn constantly from each other, from our partners, customers and comparable organisations elsewhere how to provide better services to the community.

Our Value to Hong Kong

  • Over half of all Hong Kong families are registered property owners.
  • Banks and financial institutions loan about HK$1,700 billion against the security of registered land and property.
  • Over seven million searches of registered information take place this year.
  • Over 80 Government departments and agencies use the Land Registry’s information for purposes ranging from planning studies to law enforcement.
  • Registered information traces back to 1844 — providing resources for the economic and social history of Hong Kong.

Functions

The Land Registry’s main functions are to:

  • administer a land registration system by maintaining an up-to-date land register and the related land records under the Land Registration Ordinance (Cap. 128) and its regulations;
  • provide the public with facilities for search of the land register and other land records;
  • provide Government departments and agencies with property information; and
  • process applications for the incorporation of owners under the Building Management Ordinance (Cap. 344).