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How to handle property transfer

Handling property transfer process:

1, apply for transfer

Both the buyer and the seller apply to the real estate transaction management department at the same time → the management department should check the relevant documents and review the property rights (eligible houses are allowed to go through the transfer procedures; If there is no property right or part of the property right has not obtained the written consent of other property rights, the application will be rejected). Complete information, generally can be completed in one day;

2. Pay transfer taxes and fees

The composition of transfer tax is more complicated, depending on the nature of the transaction house. The seller may make the seller bear the business tax, individual tax and land income that should have been paid by the seller. Therefore, buyers should know how much tax they have paid, and they can also ask sellers to reduce prices to make up for the tax pressure;

3, the transfer of property rights transfer procedures.

After the two parties to the transaction complete the registration of property right change in the real estate transaction management department, the buyer will apply for a new property right certificate to the issuing department with the Notice of Obtaining the Property Ownership Certificate (generally within one week to one month depending on the full amount and loan method).

Matters needing attention in the handover of second-hand housing transfer property:

1. Inventory and transfer of water, electricity, gas and natural gas: The buyer and the seller shall go through the transfer procedures at the water supply company, power company, gas company or natural gas company to see if there are other arrears, such as late fees. If there is, you can ask the original owner to repay it;

2, telephone, broadband, cable TV transfer: the owner should go to the payment office with the account card to change the name, but also settle the arrears;

3. Transfer of property maintenance funds: usually, the original owner will hand over the maintenance funds and buyers and sellers to the property company for renaming procedures;

4. Property renaming and fee settlement: the buyer and the seller go to the residential property company to handle the property renaming procedures and pay the fees, which are generally paid by the seller in the month of delivery and the property fee by the buyer in the next month;

5. Household registration transfer: the buyer and the seller go to the local police station to inquire about the household registration of the house. If the original owner's household registration has not been transferred, the buyer may hold the seller responsible according to the contract.

To sum up, the process of housing transfer: apply for transfer, pay transfer taxes and fees, and go through the formalities of property transfer.

Legal basis:

Article 2 10 of the Civil Code

The registration of real estate shall be handled by the registration agency where the real estate is located. The state implements a unified registration system for real estate. The scope, organization and method of unified registration shall be stipulated by laws and administrative regulations.