Shanghai Municipality, Issues Relevant to Assignment of Pre-sold Commodity Premises Decision
上海市关于预售商品房转让问题的决定
May 02, 2004 | BY
clpstaff &clp articlesIssued: April 20 2004Main contents: The Decision states that the assignment of the pre-sold commodity residential premises bought by a pre-purchaser must…
Issued: April 20 2004
Main contents: The Decision states that the assignment of the pre-sold commodity residential premises bought by a pre-purchaser must have obtained a real property ownership certificate after the completion of the construction of the premises. Registration of the assignment of pre-sold commodity premises before the obtaining of the real property ownership certificate is not allowed (Item One). Pre-notice registration of assignment of commodity premises other than residential commodity premises may be carried out before obtaining the real property ownership certificate (Item Two).
Related legislation: Shanghai Municipality, Assignment of Real Property Procedures (2nd Revision), Apr 21 2004, CLP 2004 No.4 p and Shanghai Municipality, Real Property Registration Regulations
Full text is available from our office.
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now