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Payment for the purchase of property
The seller must get all the money before handing over the property. But buyers must be afraid of property delivery problems.
Therefore, the usual practice is to pay the final payment, but detain 2000-3000 yuan (generally not more than 12 months of house property fee) as the property delivery deposit. If you buy and sell second-hand houses through an intermediary, give the deposit to the intermediary. Both parties jointly handle the formalities of property delivery, water, electricity, heating, television and telephone access. After the delivery is completed, both parties sign for approval. The seller goes directly to the intermediary to get the deposit. If there is no intermediary, put the money in the property company temporarily. On-site delivery and settlement.
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