Q1: To whom should payment be made by cheques?
A: Cheques should be made payable to "The Land Registry" or "The Government of the Hong Kong Special Administrative Region".
Q2: The value of the consideration recorded in my instrument is $0 or $1. Why am I required to pay $450 for registration rather than $230?
A: At present, the registration fee is $230 for property transactions with value of consideration not exceeding $750,000 and $450 for those over $750,000. As stated in Land Registry Circular Memorandum No. 1/95, the registration fee chargeable for instruments with no or nominal consideration is $450. However, an application for refund of registration fee would be considered upon production of evidence which shows that a lesser amount of registration fee should have been charged. For the scope of acceptable documentary proof, please refer to Land Registry Circular Memorandum No.6/07.
Q3: What are the procedures for refund of over-paid registration fee?
A: Application for refund of over-paid registration fee can be made in writing to the Land Registry (Attn.: Deeds Lodgement Unit) with supporting document(s) as evidence.