What will happen to the uncompleted residential flats taken over by the government?

If it is handed over to the developer, the buyer has the right to return the house according to the provisions in the purchase contract. If the unfinished building exceeds a certain period, the state has the right to recover the land. General government departments will intervene in uncompleted residential flats, and new development enterprises will take over through legal auction and continue to sell real estate.

How to avoid buying uncompleted residential flats

1. Comprehensively inspect the strength of the developer.

The developer's development qualification grade is judged from the aspects of registered capital and development qualification. The qualification level is divided into four levels, with the highest level and the lowest level. If the developer's qualification is one or two, it shows that the developer's strength is still relatively strong. If you choose such a developer, the probability of a flat is the lowest.

2. Investigate the credibility of the developer.

Then some local developers, with similar strength, may have third-and fourth-level development qualifications, especially in places like prefecture-level cities and counties. Most developers are local developers. If they don't buy, then the choice of buying a house is very small.

First of all, look at the reputation of developers. Local developers should have a certain influence in the local area, and friends and relatives have any impressions and opinions on them. Through this, you will probably have a little understanding. The other is to understand the real estate developed by the developer in the past, understand the project quality of the developer, property management, and whether to hand over the house on time.

3. Understand the procedures of project construction.

A house that can be legally sold should have complete "five certificates". Five certificates include state-owned land use certificate, construction land planning permit, construction project planning permit, construction project construction permit and commercial housing sales (pre-sale) permit.

Buying a house with complete "five certificates" will not only help to avoid uncompleted residential flats, but also help to apply for property certificates later. If the "five certificates" are incomplete, which means that the housing procedures are incomplete, then the handling of the property right certificate will not be smooth, or even drag on for a long time.

4. Grasp the right time to buy a house.

According to statistics, when two-thirds of the main building projects have been completed, the probability of unfinished projects may be generally low. Some friends who bought houses were lured by the low price of internal subscription and unit group purchase, and rushed to pay before the foundation of the project. As we all know, not starting work means that the procedures are not in place, and whether the plan can be passed is still unknown. Especially in the reconstruction of villages in cities, there are more unexpected risks.