Government rent

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Privately owned land in Hong Kong is normally held from the Government by way of a 'land grant' known as a Government lease (formerly called a Crown lease) under which a rent is payable. Government rent (地租), formerly known as Crown rent (地稅), is paid by the Government lessee (the 'owner') to the Government in return for the right to hold and occupy the land for the term (i.e. duration) specified in the lease document.

[edit] External links

Official Websites

• Rating and Valuation Department - Public Services