Property Owner A owns a mortgage-free property and is living in it. He is worried that his property might have been fraudulently mortgaged or sold without his knowledge. However, it is too troublesome and not cost effective to conduct frequent land searches to check if any unexpected mortgage or transaction related documents have been lodged for registration against his property.
Property Owner B is residing overseas but owns a number of properties in Hong Kong, some have been rented out and some are vacant. He always wants to keep an eye on his properties and hopes that he can be alerted in case there are any changes to the land registers of his properties.
Property Owner C and his wife are planning to move and have appointed an estate agent to sell their flat. Before signing the provisional sale and purchase agreement with the prospective purchaser Mr. X, the estate agent informed the couple that Mr. X had withheld to proceed with the transaction as he noted from the relevant land register that a charge has been registered against the flat by the property management company a week ago for arrears of management fee. The couple has no idea about the charge and they wonder if there is any means that they can learn about the charge earlier so that their plan will not be disrupted.
Property A!ert (the Service), launched by the Land Registry on 28 January 2019, is the solution for the above property owners. Upon their subscription to Property A!ert , the Land Registry will send an email alert to them whenever any instruments affecting their properties have been lodged for registration and when the instruments have been registered. The Service aims to help property owners, no matter they are living in Hong Kong or overseas, early detect unexpected or suspicious instruments delivered for registration against their properties, thus enabling them to take prompt follow-up actions and/or seek legal advice.
Want a hassle-free subscription service? The Land Registry offers a one-off subscription option for Property A!ert. With a one-time payment of HK$580 per land register, you can enjoy the convenience and benefits of Property A!ert as long as the property is held under your name and you do not have to bother about renewing the subscription anymore.
Interested to know more? Details of Property A!ert as well as the information leaflet and application form are available for downloading at the Land Registry’s website.
Be a smart property owner! Subscribe to Property A!ert to stay vigilant of your property with ease!