What is the transfer process of the house auctioned by the court?

First of all, pay the deposit according to the requirements of the auction announcement, generally by directly registering online to participate in the auction.

Then, participate in the auction of the day.

If the auction fails, the deposit will be automatically returned to the original account.

If the auction is completed, pay the full amount within the time required by the announcement and get the transaction confirmation in the court.

Generally, it will take about a month before the court will give you a ruling and a notice of assistance in execution.

The buyer himself holds the original ID card, the above-mentioned transaction confirmation and two original materials given by the court, and goes to the local housing management department to handle the unilateral transfer formalities of the judicial auction house. Pay all transfer taxes and fees according to the procedures required by the local housing authority.

Finally, get the court information to the property to pay off the property management fee, water and electricity and other arrears, and hand over the property management to obtain the right to use the house.

Pat in France specializes in real estate transfer.