Study On Risk Prevention In Uncompleted Building Mortgage

The late 90s, to meet our housing system reform, commercial banks have allowed offering loans to individuals for housing security, which is introduction of the mortgage system in Hong Kong. Mortgage security is a solution to the current financial difficulties of home buyers and promotes the sale of real estate, accelerates the operation of the banks of development funds, expands other financial institutions'business, and it has become a method of financing secured accepted by developer, housing and banking generally. However, for uncompleted building mortgage, the house developing generally takes a fairly long time to the end, during which various social situations could not be predicted, including the credit mortgage, repayment ability, the risk of damage and many other difficulties. Effective transfer and distracting of the risk is important to the benign development of uncompleted building mortgage business, real estate even related to a country's security and stability in the financial markets. Therefore, banks, developers and property buyers in the risk and prevention of uncompleted building mortgage loans have become an important research topic. This paper is divided into three chapters:The first chapter provides an overview of the general theory of the mortgage system.Mortgage term is imported from Hong Kong, is a scholar of the British law, the way of security from the mortgage translation. The term mortgage in Mainland China's real estate market has been into China with a legal background and expertise of the Chinese legal connotations of the Chinese customary law recognized legal jargon. It is the acts skies that the purchase are unable or unwilling to pay a one-time housing fund, and mortgage all the rights of the real estate in the contract with the sale developer in the mortgage banking, or mortgage their connection with developers and the sale of the real...