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How to purchase a property
         in China
      By Maxxelli Real Estate
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
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
Part I: the procedures
               for purchasing a house




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


                                  Forward delivery
                                    house (section I)
      New house



      Second-hand                   Ready-built
        house                          house
                                    (section II)


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




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

      Section I: Forward delivery house

      • The seller (developer) needs:
             The Presale Permit For The
             Commercial Houses

             The Letter Of Intent On The
             National Security Matters
             Inspection

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

      Section I: Forward delivery house

      The steps to buy a house:
      • Searching a house
      • Conclude a contract
      • Get the property right certificate



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

      Section I: Forward delivery 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)


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

      Section I: Forward delivery 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 II: Ready-built house




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

      Section II: Ready-built house

      • The seller needs:
             The property right
             certificate

             The Letter Of Intent On
             The National Security
             Matters Inspection

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

      Section II: Ready-built house

      About the Letter Of Intent:
      The owner will get it from the
       developer who built the house,
       or you can not buy it.



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

      Section II: Ready-built house

      The steps to buy a second-hand
        house:
      • Searching a house
      • Have a contract
      • Get the property right certificate


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

      Section II: Ready-built house

      You must pay attention to:
      • The original property right
        certificate, the seller's ID card
        (begin)
      • Your property right certificate
        (end)

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

      Section II: Ready-built house

      Payment process:
      • Earnest money (at the
        beginning)
      • Total payment (at the end of
        transaction)
      • Fees and taxes. (obtain the
        certificate, check with invoice)

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

      Section II: Ready-built 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)


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




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




       www.maxxelli-blog.com

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How to purchase a Private property in China chengdu, chongqing, hangzhou, suzhou, wuhan wuxi, 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 Forward delivery house (section I) New house Second-hand Ready-built house 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 Section I: Forward delivery house • The seller (developer) needs: 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 Section I: Forward delivery house The steps to buy a house: • Searching a house • Conclude a contract • Get the property right certificate www.maxxelli-blog.com
  • 9. Part I: the procedures for purchasing a house Section I: Forward delivery 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) www.maxxelli-blog.com
  • 10. Part I: the procedures for purchasing a house Section I: Forward delivery 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)
  • 11. Section II: Ready-built house www.maxxelli-blog.com
  • 12. Part I: the procedures for purchasing a house Section II: Ready-built house • The seller needs: 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 Section II: Ready-built house About the Letter Of Intent: The owner will get it from the developer who built the house, or you can not buy it. www.maxxelli-blog.com
  • 14. Part I: the procedures for purchasing a house Section II: Ready-built house The steps to buy a second-hand house: • Searching a house • Have a contract • Get the property right certificate www.maxxelli-blog.com
  • 15. Part I: the procedures for purchasing a house Section II: Ready-built house You must pay attention to: • The original property right certificate, the seller's ID card (begin) • Your property right certificate (end) www.maxxelli-blog.com
  • 16. Part I: the procedures for purchasing a house Section II: Ready-built house Payment process: • Earnest money (at the beginning) • Total payment (at the end of transaction) • Fees and taxes. (obtain the certificate, check with invoice) www.maxxelli-blog.com
  • 17. Part I: the procedures for purchasing a house Section II: Ready-built 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) 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