Wuhan supervises new home sales throughout the process: sales can be opened in up to 5 times, and splitting the house payment in any way is prohibited

On April 27, the Wuhan Municipal Housing Security and Housing Administration Bureau issued the "Notice on Further Strengthening the Supervision of the Whole Process of the Sales of New Commercial Housing" to further standardize the whole process supervision system and measures for the sales of newly built commercial housing. The business behavior of market entities stimulates the vitality of market entities, maintains good market order, and promotes the stable and healthy development of the real estate market.

The pre-sale standards for commercial housing have been raised, and multiple openings have been restricted.

The "Notice" states that for new commercial housing projects that apply for pre-sale permission, in principle, the construction progress of the main structure of the new commercial housing project will be 15%. Buildings with 1/2 storeys and below, and buildings with 15 or more floors reaching 1/3 and no less than 7 floors can apply for commercial housing pre-sale permit. In addition, the application scale can be applied in stages according to the total construction area approved in the "Construction Project Planning Permit", no more than 3 times for less than 200,000 square meters, and no more than 5 times for 200,000 square meters and above.

In accordance with the "Notice of the Municipal Housing Security and Housing Management Bureau on Strengthening the Pre-sale Management of New Commercial Housing (Draft for Comment)" issued by the Wuhan Municipal Anti-Reliance Management Bureau on December 31, 2019, it stipulates that the pre-sale of commercial housing In addition to complying with relevant laws and regulations, in principle, the project progress should also meet the following requirements: the main structure of the low-rise (including four floors) is capped and the masonry work is completed; the main structure of the multi-story (including six and seven floors) reaches the number of floors two-thirds of the number of floors; the main structure of small high-rise buildings and above reaches one-half of the number of floors and shall not be less than seven floors.

However, Wuhan lowered its pre-sale license requirements in March last year. At that time, affected by the epidemic, the Wuhan Housing Authority issued the "Regulations on Supporting Real Estate Development Enterprises to Resume Work and Production to Ensure the Stable and Healthy Development of the City's Real Estate Market" Six Measures" to support real estate companies in implementing differentiated resumption of work and production in batches. Among them, pre-sale requirements have been relaxed. For real estate development projects that have obtained a construction license before October 1, 2020, their development investment amount reaches more than 25, and the image progress of high-rise buildings reaches more than 1/4, multi-story (including six jumps and seven floor) and low-rise building image progress reaches plus or minus zero, you can apply for a pre-sale permit.

Li Guozheng, deputy director of research at the Wuhan Company of the China Index Research Institute, pointed out that compared with previous standards, the threshold for pre-sales of commercial housing has been raised this time, which will inevitably affect the rapid turnover of real estate companies. In addition, there are also restrictions on the behavior of companies that are listed in batches and opened multiple times to stimulate the market. In the future, the total construction area of ??real estate projects must be declared in stages according to the "Construction Project Planning Permit", no more than 3 times for projects below 200,000 square meters, and no more than 5 times for projects of 200,000 square meters and above, effectively putting an end to hunger marketing.

Reaffirms the "one house, one price" rule and prohibits splitting house prices in any way

The "Notice" also strengthens the sales price and fund management of commercial housing. It is clarified that real estate development companies should strictly implement the "one house, one price" sales regulations, and the price of commercial housing sold to external parties shall not exceed the price recorded by the housing management department. Real estate development companies and real estate brokerage agencies are not allowed to split the house price in any way. The actual house price paid by the buyer should be consistent with the house price stipulated in the "Commercial Housing Sales Contract".

The Wuhan Housing Authority pointed out that it reiterated the "one house, one price" rule and made it clear that the actual price paid by the buyer should be consistent with the price stipulated in the "Commercial Housing Sales Contract", and it is prohibited to split it in any way house price. It is clearly stipulated that if the development company collects reservation payment, deposit, and house price, it shall agree on its rights and obligations in writing with the buyer. If the house is not selected, the pledged deposit should be returned within 5 working days; the deposit and house price shall be handled as agreed by both parties.

Li Yujia, chief researcher of the Guangdong Provincial Housing Policy Research Center, pointed out that "one house, one price" has become one of the main contents of supervision in hot cities. Due to the price limit on new homes, chaos such as double contracts, tea bills, and fine decoration contracts have occurred frequently. The reaffirmation of the "one room, one price" rule is also to prohibit behaviors such as splitting the house price. At the same time, it is also to prevent distortion of house prices and damage to people’s rights to buy houses.

In addition, the "Notice" also reiterates the registration management regulations for real estate brokerage agencies in response to the current trends of diversified marketing channels and universal brokerage, clarifying that brokerage agencies are not allowed to participate in project sales activities without authorization, and brokerage agencies are prohibited from transferring without authorization. Agency.

In terms of protecting the rights and interests of consumers, it is required that for fully decorated real estate, model houses should be set up according to different house types and delivery standards, and fully decorated delivery model houses must not be delivered within 3 months from the date of centralized delivery. Unauthorized demolition and sale, except for demolition, evidence must be preserved.