| 单词 | Completion |
| 释义 | 完成交易 In property law, the point in a transaction for the sale and purchase of property where the purchaser pays the outstanding purchase price under the contract, the vendor conveys the property to the purchaser, and any outstanding contractual obligations are performed. Completion is usually by undertaking. For this, the balance of the purchase money will be delivered to the vendor’s solicitor within the time limit set out in the sale and purchase agreement, and the executed assignment is handed over to the purchaser’s solicitor together with an undertaking from the vendor’s solicitor to hand over the relevant documents of title within a specified time. As time is of the essence, if the purchaser delays beyond the exact time set, he is treated as having repudiated the contract, and the vendor is entitled to forfeit the deposit and take any other action not restricted by the terms of the contract: Chong Kai Tai, Ringo v Lee Gee Kee [1997] 1 HKC 359, HKLRD 461 (PC); Whale View Investment Ltd v Kensland Realty Ltd [2000] 2 HKLRD 261. See also Conveyance; Deed. 產購買交易中最後一個程序；根據財產法，於合約之下若買家付清未清繳的購買價格，在此財產購買交易的程序，賣家須轉讓該項財產予買家，並履行所有未履行的責任。此程序透過財產轉讓完成。此乃指在買賣協議中指定的時間內，買款須提交給賣家律師，而已簽立的轉讓契亦須提交給買家的律師，同時賣家的律師須在指定的時間內提交有關的業權文件以完成轉讓。由於時間是一項重要因素，若買家超過指定的時間未繳清款項，他將被視作為悔約，賣家有權沒收訂金，以及可采取不受合約條款限制的行動：Chong Kai Tai, Ringo v Lee Gee Kee [1997] 1 HKC 359, HKLRD 461（樞密院）; Whale View Investment Ltd v Kensland Realty Ltd [2000] 2 HKLRD 261。另見 Conveyance; Deed。 n. |
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