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What is the procedure for Evergrande to check out?

What's wrong with checking out?

No.65438 +0: There is no reason to return a house only for the house to be sold in the future.

You think that you bought the house of Evergrande before, but now you can return it if you lose money, then you are all wet. It is clearly written in black and white on the red-headed document: customers who purchase all residential properties of Evergrande from the date of implementation. In other words, no matter what you bought in the past, whether you handed over the house or signed a contract, the house in your hand is not within the scope of Evergrande's statement that there is no reason to check out this time. This is a promotion for the house that Evergrande will sell in the future, a forced decision, and a soft grinding and hard foam.

Second: check-out is only for houses, not for shops and parking spaces.

Third: the check-out time is from the date of signing the contract to before check-in.

It is clearly written in the red-headed document that the check-out time is from the date of signing the contract to before moving in. As an enterprise with high turnover and rapid cash flow development, it may take less than one year for customers to consider whether to check out. For customers, checking out is nothing more than considering the depreciation of the property before checking out. In another year, the property market will fluctuate again, and the depreciation of a single house may also be a small probability. Moreover, while the buyers are waiting for the auction, they have to pay at least 10-20% of the capital cost, 3-5% of the taxes and fees, and the opportunity cost. Customers are unlikely to really have the urge to check out.

Fourth: you can check out only after paying the down payment, and there is no interest-free financing?

It is stated in the contract that customers who meet the check-out conditions have fulfilled the obligations of house subscription and commercial housing sales contract. What are the obligations to fulfill these two contracts? Instead of paying the down payment, you should pay the down payment before signing the commercial housing sales contract. In other words, even if the house behind is to be returned, Evergrande can get 30% of the total house payment without interest.

There is no reason to check the process.

Checkout process

Generally speaking, there are three reasons, one is the quality of housing, the other is the loan, and the third is the dispute between buyers and sellers.

If there is a problem with the quality of the house, the owner will get the check-out application form from the district real estate bureau within 90 days of delivery, so that the developer can sign and seal it, and then the relevant building quality inspection agency will issue a quality inspection report. If the house is found to have quality problems, the owner will take the signed and sealed check-out application form and quality inspection report to the district real estate bureau to terminate the contract. If the house is handed over for more than 90 days, the check-out procedure cannot be handled.

If the loan cannot be approved, the lending bank needs to issue a certificate explaining the circumstances and reasons why the loan cannot be approved. If the developer agrees, the industry will host the relevant certificates to the District Housing Authority to apply for cancellation of the contract, and the Housing Authority will strictly review the materials and give advice on returning a house.

If there is a dispute between the buyer and the seller and the owner wants to return the house, then the buyer can only make a judgment through the arbitration commission or the people's court. If it is later decided that the house can be returned, the owner will take the arbitration letter or judgment to the District Real Estate Bureau to cancel the contract, and the District Real Estate Bureau will strictly enforce the legal judgment.