How to buy and sell underground garages?

Parking spaces in residential quarters should first meet the needs of owners, so they should first be rented or sold to the owners of residential quarters. Development and construction units have the right to decide to rent or sell the underground parking lot after paying the land transfer fee, and the relevant departments have no right to interfere.

For the underground parking garage, if it is not included in the underground parking stock of ground building pools, large-scale public buildings and residential quarters, the underground (semi-underground) parking lot and garage will be provided with land by way of transfer, with the longest transfer period of 40 years and 70 years respectively. No land transfer fee is charged, but it may not be sold, leased or changed without approval. If it is approved for sale or lease according to law, it can be sold after paying the land transfer fee according to regulations.

Developers should publicize parking spaces before renting and selling them. The publicity plan needs notarization and seal of the notary office. According to "Guangzhou Housing Transaction Supervision and Management Measures", before renting or selling parking spaces (garages), developers should publicize the rental and sale plan and related property rights certificates in prominent positions such as entrances and exits and bulletin boards within the building division, and the publicity period should be no less than 30 days. The notarized documents of the rental and sale plan and on-site publicity shall be reported to the real estate administrative department for the record.

Extended data:

People's Republic of China (PRC) property right law

Article 74 Within the building division, the parking spaces and garages planned for parking cars should first meet the needs of the owners.

In the building division, the ownership of planned parking spaces and garages shall be agreed by the parties through sale, gift or lease.

Parking spaces that occupy roads or other venues owned by the owner for parking cars shall be owned by the owner.

People's Network-Can the underground garage in the community be bought and sold?

Xinhuanet-Decoding Parking Spaces "Routine": Selling a house "tying" parking spaces is suspected of being illegal.

Baidu Encyclopedia-Property Law