Property Management Company Licence
All property management companies providing properties in Hong Kong subject to deed of mutual covenant with more than one category of prescribed PM services must hold valid PM licence in accordance with the Property Management Services Ordinance (Cap. 626).
A property management company required to be licensed cannot act as a property management company if it does not possess a valid property management company licence. Contravention is liable on conviction to a maximum fine of $500,000 and imprisonment for two years. A valid licence will only be issued by the Property Management Services Authority if the property management company complies with the below: