What are the requirements for buying a house in Nansha?
Legal basis: People's Republic of China (PRC) City Real Estate Management Law.
Thirty-second real estate transfer, mortgage, housing ownership and land use rights within the scope of housing occupation at the same time transfer, mortgage.
Thirty-third benchmark land price, demarcation land price and the replacement price of all kinds of houses shall be determined and published regularly. Specific measures shall be formulated by the State Council.
Article 34 The State practices a real estate price appraisal system. Real estate price evaluation should follow the principles of justice, fairness and openness, based on the benchmark land price, the calibrated land price and the replacement price of various houses with reference to the local market price, and be carried out in accordance with the technical standards and evaluation procedures stipulated by the state.