On the transfer of property in the act of giving.

Hello, Adrian, netizen! Regarding your question, cecimak would like to express the following views, but please note that these personal views are for your reference only and are not guaranteed to be absolutely correct!

I'd like to ask, because many people on the Internet say that real estate is transferred, so lawyers often don't recommend prospective buyers to buy this kind of real estate contract. Can you explain the next reason?

A: In fact, the main reason is that the ownership is unclear, that is, the ownership status is uncertain, and there are uncertain factors! As a direct result, it is difficult for property buyers to apply for a mortgage from the bank, so it is necessary for a responsible real estate agent or lawyer to remind property buyers to think carefully! Anyway, there are many suitable properties on the market, so choose some with clear ownership and avoid sleeping!

Of course, what if the buyer is really willing to buy this property, or has the ability to buy this property at one go without mortgage?

Of course, only new buyers have to bear the risk of being investigated for ownership when there are problems in the future! In case the giver goes bankrupt as Brother Adrian said, the ownership will be restored! Or when the assets are recovered by the spouse during the divorce, the original donor will have the opportunity to be challenged!

But I would like to ask, after the remaining five-year period, will there be many problems in reselling this property in the second-hand market? Can you give me some advice?

A: It always has a big impact!

Because most banks are conservative about leasing at present, different banks will make their own business decisions! For example, some banks are willing to provide mortgage loans for properties that have just passed the five-year gift period, while others require the lease period to be eight years or more. Some banks will only consider the specific situation, or even simply refuse to mortgage the leased property!

And basically, most people need to use a bank mortgage to buy a house, so it is difficult to get a mortgage by issuing deeds, which is enough to greatly reduce the attractiveness of the property!

Reference: cecimak's personal opinion and understanding! I hope I can help you! ,