Perfecting The Legal System Of Pre - Sale Of Commercial Housing In China

Since the reform and opening up, the way real estate sale was introduced in Mainland China, each region also have to use the real estate sale mode.Such sales are quickly becoming the first in China’s real estate market.Until now, the real estate market, real estate sale area still occupy a large proportion.Real estate sale system has its unique advantages, so this way of selling long-term existence and sustainable development.For real estate development companies, real estate sale system can reduce its financial pressure, pre-construction there are sufficient funds, working capital late to keep up with demand.For banks, increased its credit business, and promote the development of financial institutions and for buyers, with limited funds in advance to buy a house of their own as possible, regular housing loans also reduced its economic pressure.Because of the real estate sale mode has such a wide range of advantages, promote the development of market economy, the real estate market transactions injected vitality, and promote stable and rapid development of China’s market economy.Due to the imperfections of the legal system of real estate sale, plus some developers of acts of bad faith, and cause a lot of problems in the real estate sale, and these problems damage to the vital interests of home buyers, banks and credit institutions also have a serious impact on this country’s economic and health development of the market real estate market have had a negative impact.This article is elaborated and analyzed by our legal issues that exist in real estate sale, and learn from other countries better law.Combined with China’s actual situation, to further improve the legal aspects of real estate sale system for China’s real estate developers to build a rigorous, fair, standardized marketing platform for the majority of buyers to provide a safe, honest buyers environment for China’s real estate market to create a good development trend.