Estate Agents Authority (“EAA”) is a statutory body established under the
Estate Agents Ordinance to regulate the practice of estate agents in Hong Kong.
As estate agents may handle tenancies in respect of subdivided units which are
subject to Part IVA of the Landlord and Tenant (Consolidation) Ordinance, the
EAA issued a Practice
Circular (No. 22-01 (CR)) setting out relevant guidelines for estate
agents to follow. The EAA also published a related set of Q&As for estate
parties may refer to the links below for the full text of the Practice Circular
and the related Q&As, which are available on the website of the EAA (http://www.eaa.org.hk/en-us/):
Should there be
enquiries with respect to the Practice Circular and/or the related Q&As,
please email to email@example.com or
call the EAA hotline at 2111 2777.
Following the issuance of the Practice Circular, the EAA has launched a promotional leaflet to enable licensees to better understand the key points of the guidelines therein, which include disclosing licensees' capacity in the transaction, informing clients of the requirements on the security of tenure and rent regulation, explaining implied mandatory terms, drawing client's attention to the relevant offences and apportioned amounts, and arranging stamping and submitting the Notice of Tenancy (Form AR2).