Real Estate

Verify property owners and corporate entities for real estate transactions

The Challenge

Real estate professionals face unique compliance challenges:

  • Corporate entities often own high-value properties
  • Need to verify beneficial owners for AML compliance
  • Complex ownership structures through multiple layers
  • Pressure to complete transactions quickly
  • Regulatory scrutiny on property transaction due diligence
  • Risk of facilitating money laundering through property purchases

Our Solution

Quickkyb helps real estate professionals verify corporate entities and beneficial owners:

For Real Estate Agents

  • Corporate Landlord Verification: Verify company owning the property
  • Buyer Due Diligence: Identify beneficial owners of corporate buyers
  • AML Compliance: Meet estate agent AML obligations
  • Risk Assessment: Screen against sanctions and PEP lists
  • Transaction Documentation: Generate due diligence reports for files

For Property Management Companies

  • Tenant Screening: Verify corporate tenants before lease signing
  • Landlord Verification: Confirm property ownership and authority
  • Ongoing Monitoring: Monitor for changes in tenant ownership
  • Vendor Due Diligence: Verify contractors and service providers

For Law Firms (Property Transactions)

  • Conveyancing Due Diligence: Verify buyer/seller entities
  • UBO Identification: Trace ownership to natural persons
  • Mortgage Security: Verify borrowing entities
  • Development Companies: Investigate corporate structures

For Property Developers

  • Joint Venture Partners: Verify potential partners
  • Investor Due Diligence: Screen corporate investors
  • Subcontractor Verification: Check construction companies
  • Pre-Sales Compliance: Verify corporate buyers

Key Benefits

Meet AML Obligations

  • Comply with Hong Kong Property Transaction AML guidelines
  • Identify and verify Ultimate Beneficial Owners
  • Screen against sanctions and PEP lists
  • Document due diligence for regulatory inspections

Reduce Transaction Risk

  • Detect shell companies and complex structures
  • Identify politically exposed persons
  • Check for adverse media and litigation
  • Verify authority to transact

Speed Up Transactions

  • Complete verification in hours, not days
  • Automated document retrieval
  • Instant UBO identification
  • One-click screening of multiple entities

Cost-Effective Compliance

  • Pay-per-case pricing with no subscription
  • Reduce manual research time
  • Avoid regulatory fines through proper due diligence
  • Competitive advantage with faster closings

Use Cases

Corporate Buyer Verification

A real estate agent is representing a seller and the buyer is a company. They use Quickkyb to:

  1. Verify the buyer company exists and is in good standing
  2. Identify all shareholders of the buyer company
  3. Investigate corporate shareholders to find UBOs
  4. Screen all UBOs against sanctions and PEP lists
  5. Generate due diligence report for transaction file

Result: Agent meets AML obligations and confidently proceeds with transaction.

Corporate Landlord Verification

A property manager is signing a lease with a corporate tenant. They use Quickkyb to:

  1. Verify tenant company's registration and status
  2. Confirm company has authority to enter lease
  3. Identify directors and beneficial owners
  4. Screen for PEP status and sanctions
  5. Document due diligence for lease file

Result: Property manager ensures tenant legitimacy and reduces rent default risk.

Property Sale Due Diligence

A law firm is handling a property sale where the seller is a company. They use Quickkyb to:

  1. Verify seller company owns the property
  2. Confirm signatories have authority to sell
  3. Identify all beneficial owners receiving proceeds
  4. Screen UBOs for AML risk factors
  5. Generate compliance report for transaction records

Result: Law firm completes due diligence efficiently and documents compliance.

Specific Features for Real Estate

Ownership Structure Analysis

  • Trace corporate ownership through unlimited layers
  • Identify all natural persons benefiting from transaction
  • Detect circular ownership and cross-shareholdings
  • Calculate ownership percentages accurately

Authority Verification

  • Confirm company directors and authorized signatories
  • Verify person signing has authority to bind company
  • Check for filing inconsistencies or irregularities
  • Identify recent changes in directors or shareholders

Enhanced Due Diligence

  • TCSP and MSO license verification (relevant for corporate service providers)
  • Litigation and enforcement history
  • Adverse media screening
  • Financial status checks (optional)

Transaction Documentation

  • Professional due diligence reports
  • Complete audit trail for regulatory inspections
  • Source document references
  • Multiple export formats for file inclusion

Compliance Requirements

Hong Kong Property Transaction Guidance

  • Estate Agents Authority AML guidelines
  • Law Society conveyancing AML guidance
  • Hong Kong Monetary Authority mortgage AML requirements
  • Property transaction red flag indicators

Red Flags in Property Transactions

  • Complex corporate ownership structures
  • Beneficial owners from high-risk jurisdictions
  • Politically exposed persons involved
  • Shell companies with no business operations
  • Recent changes in ownership before transaction
  • Unusual transaction patterns or property types

Real Estate AML Best Practices

Know Your Client (Corporate)

  • Verify company registration and good standing
  • Identify all beneficial owners (≥25% ownership)
  • Understand the nature of the client's business
  • Purpose of the transaction
  • Source of funds (where applicable)

Ongoing Monitoring

  • Monitor for changes in corporate ownership
  • Watch for adverse media or sanctions
  • Regular review of high-risk clients
  • Keep due diligence documentation current

Integration Options

Manual Searches

  • Simple web interface
  • One-off searches for transactions
  • Instant PDF reports

API Integration

  • Integrate with property management systems
  • Automated verification for corporate tenants
  • Bulk searches for portfolio reviews
  • Custom workflows for transaction types

Pricing

  • Corporate Entity Search: HKD 100 per company
  • UBO Identification: Included in entity search
  • Enhanced Due Diligence: From HKD 50 per service
  • KYC for UBOs: HKD 150 per individual
  • Volume Discounts: Available for agencies and firms

Get Started

Protect your real estate transactions with proper due diligence. Create an account or contact sales for agency pricing.