What if the purchase contract is lost? What is the process of completing the purchase contract?

After signing the house sales contract with the developer, there are four contracts: two for the developer, one for the housing management department and one for the buyer. If you apply for bank mortgage, the contract owned by the buyer should be pledged in the bank (correspondingly, you should have no contract in your hand and the contract has been pledged to the bank). If the purchase contract is lost, the following measures should be taken to remedy it.

1. If the contract is lost before the pre-sale registration, just void the remaining contract and sign a new contract with the developer.

Second, if the buyer loses the contract after completing the pre-sale registration and has not yet started to apply for bank mortgage, he needs to publish a statement in a newspaper that the contract is invalid. After the expiration of three months, he will take the newspaper to the pre-sale registration authority to apply for cancellation of the signed contract, and then sign a contract with the developer again before making the pre-sale registration.

3. If the buyer loses the contract after the pre-sale registration and bank mortgage, in addition to the procedures in the second case, the buyer must also sign a change agreement with the bank that handles the loan and put the new contract into the bank pledge.