Can I get a refund if I don't buy after subscription?

If you don't buy after subscription, you can get a refund. The general subscription money has no legal effect, but is only used to express your intention to buy a house. If the buyer finally doesn't buy a house, the subscription money must be refunded. But if you want to refund the subscription money, you need to issue a receipt issued by the developer. If the receipt is gone, it is still difficult to refund the subscription money.

What do you mean by building permit?

1. The so-called subscription means that developers attract prospective buyers to pay the subscription money to the seller in advance by giving priority to housing selection, enjoying preferential opening prices and winning prizes before the real estate is officially sold.

2. Generally, when making a subscription, the buyer needs to fill in the personal purchase information first and pay the subscription fee, ranging from several thousand yuan to tens of thousands of yuan. After the general approval, the buyer will become a VIP customer of the property and enjoy preferential housing selection and discounts.

3. When the real estate is officially opened for sale, the recognized buyers will choose the houses in the order of "priority", and sign a formal house sales contract with the developer after selecting the houses. If the buyer does not choose the ideal house, the developer will return the "subscription money" to the buyer in full.

Subscription and financing process

1. First, the consumer goes to the developer to fill in personal data. After paying a large amount of "sincerity money", they will get a "certificate" with various names such as VIP card, VIP passport, VIP consumption card or subscription card.

After obtaining these "certificates", consumers are eligible for "recognition". However, the number of consumers who are often qualified to "recognize" will far exceed the number of houses actually launched by the real estate.

3. The next step is the so-called "solution" (general developers will start to "solve" after obtaining the pre-sale qualification). In the case that the number of "approved" houses exceeds the actual number of saleable houses, developers generally take the form of "drawing lots" to select people who can choose houses from the "approved" consumers.

4. Pay the down payment for the selected house with a unified house number, sign a subscription book or a pre-sale contract, and sign a subscription contract with the developer after selecting the house number.