How to purchase a private property in China

1. How to purchase a property in China By Maxxelli Real Estate

2. Who will be permitted to buy a house in Chengdu? • Foreigners • ---- passport • Foreign Organizations • ---- business license and certificate of organizational code • No difference between you and me • ---- ID card www.maxxelli-blog.com

3. Structure of the speech • Part I: the procedures for purchasing a house • New house • Second-hand house • Part II : suggestions on house-buying • New house • Second-hand house www.maxxelli-blog.com

4. Part I: the procedures for purchasing a house www.maxxelli-blog.com

5. Part I: the procedures for purchasing a house New house Forward delivery house (section I) Second-hand house Ready-built house (section II) www.maxxelli-blog.com

6. Section I: Forward delivery house www.maxxelli-blog.com

7. Part I: the procedures for purchasing a house • The seller (developer) needs: Section I: Forward delivery house The Presale Permit For The Commercial Houses The Letter Of Intent On The National Security Matters Inspection www.maxxelli-blog.com

8. Part I: the procedures for purchasing a house The steps to buy a house: • Searching a house • Conclude a contract • Get the property right certificate Section I: Forward delivery house www.maxxelli-blog.com

9. Part I: the procedures for purchasing a house You must pay attention to: • Presale permit (begin) • Contract put on file in the governmental digital system (middle) ---- use fc114 • The property right certificate (end) Section I: Forward delivery house www.maxxelli-blog.com

10. Part I: the procedures for purchasing a house Payment process: • Subscription (only when purchase in advance, 20,000 to 100,000 often) • Noninstallment sum, or the initial payment (after signing the contract no longer than 2 week) • Fees and taxes.(obtain the certificate, check with invoice) Section I: Forward delivery house

11. Section II: Ready-built house www.maxxelli-blog.com

12. Part I: the procedures for purchasing a house • The seller needs: Section II: Ready-built house The property right certificate The Letter Of Intent On The National Security Matters Inspection www.maxxelli-blog.com

13. Part I: the procedures for purchasing a house About the Letter Of Intent: The owner will get it from the developer who built the house, or you can not buy it. Section II: Ready-built house www.maxxelli-blog.com

14. Part I: the procedures for purchasing a house The steps to buy a second-hand house: • Searching a house • Have a contract • Get the property right certificate Section II: Ready-built house www.maxxelli-blog.com

15. Part I: the procedures for purchasing a house You must pay attention to: • The original property right certificate, the seller's ID card (begin) • Your property right certificate (end) Section II:Ready-built house www.maxxelli-blog.com

16. Part I: the procedures for purchasing a house Payment process: • Earnest money (at the beginning) • Total payment (at the end of transaction) • Fees and taxes.(obtain the certificate, check with invoice) Section II: Ready-built house www.maxxelli-blog.com

17. Part I: the procedures for purchasing a house To avoid transaction risk: • Remit the transaction sum to the unified number of government account at the beginning of the property right transfer registration application. • Pay it only when take your certificate. • Let the 3rd one (agency) hold the money. (not recommended) Section II: Ready-built house www.maxxelli-blog.com

18. Useful Messages • Website: www.fc114.com • Hotline: • Chengdu National Security Bureau: 86924803 • Chengdu Real Estate Authority: 86279488、 86279391 www.maxxelli-blog.com

19. Maxxelli Real Estate Chengdu Maxxelli-blog.com Maxxelli.net www.maxxelli-blog.com