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Sunday 02 February 2025
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Hong Kong Property & Finance
Charging Order Absolute Incumberance
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ORIGINAL POST
Posted by
SweetSue
17 yrs ago
Looking for advise on a home sale for a rental unit we are considering as the present owner has had a charging order absolute placed on the property
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COMMENTS
SweetSue
17 yrs ago
We found there is a plantiff/creditor making this order against the property owner and learned that a charging order is a hybrid legal action, a blend of a lien and a garnishment combined into one claim. A Charging order is designed to give remedy to taking a partners economic interests
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