How important is the title deed? The real estate certificate is equivalent to the "ID card" of the house, which means that the seller has the legal ownership of the house and can occupy, use, benefit and dispose of his house in accordance with the law.
1. For buying and selling: it cannot be listed and traded without a real estate certificate.
2. The real estate certificate is also a necessary document for mortgage, gift or inheritance.
However, there are four documents that are more important than the title deed, what are they exactly? Let's find out:
01.
Once the purchase contract is lost, it is impossible to re-sign it
A purchase contract is a legal document that is formally signed between the buyer and the developer after paying the purchase price (down payment or full payment).
The contract not only states the ownership of the house, but most importantly, the purchase contract clearly records the specific condition, size, payment method, delivery time, quality standards and a series of related responsibilities in the later stage.
If the buyer has quality or delay in the subsequent delivery of the house, then this contract becomes an important document for the buyer to protect his legitimate rights and interests.
Therefore, for home buyers, the purchase contract after buying a house must not be lost.
However, there are also a few points that must be paid attention to when signing a contract for the sale and purchase of a house:
(1) Look at the nature of the land in the contract: it is necessary to see whether the land is obtained by transfer and whether the land use period is 70 years. At present, the law only stipulates that residential land can be automatically renewed upon expiration, and other non-residential land generally needs to be renewed by paying a fee.
(2) Look at the purpose of the house: Although some houses are sold to the outside world, although they are the same as houses, they are used for apartments. Whether the apartment can be used as a school district house, the education department has not given a clear answer, so it is necessary to be particularly cautious when buying a house for the sake of children's schooling.
In addition, in addition to the main contract, the contract for the sale and purchase of commercial housing also contains four annexes, namely, the floor plan of the house, the description of the composition of the shared construction area between the common parts and the public housing, the standard of decoration equipment and the supplementary agreement to the contract. The content of these annexes should also be read clearly to avoid damage to rights and interests.
02.
Invoices for home purchases are important
The invoice for the purchase of the house is the invoice for the full payment of the real estate. If you buy a house with a mortgage, you will have an invoice for the down payment, and after the mortgage is disbursed, you can ask the developer for the full amount of the real estate.
The immovable property invoice is the invoice of the local taxation department, which is specially used for the sale of houses and buildings. In other words, the real estate invoice issued by the developer is actually an important document for the transaction between the buyer and the developer, including the basic information of the house, the purchase price, the information of the seller and the buyer, which proves the legitimacy and authenticity of the buyer's housing transaction.
In addition, the purchase invoice can not only be used as an important proof for buyers to enjoy relevant tax incentives, but also provide a legal basis for future transfer of real estate or inheritance.
If the purchase invoice is lost, what will happen:
(1) It is very troublesome to apply for a real estate certificate: if there is no purchase invoice, it means that the house has not paid the relevant taxes and fees, and it cannot apply for the real estate certificate.
(2) Trouble in withdrawing provident fund to repay the loan: without the purchase invoice, it is impossible to withdraw the provident fund normally to repay the mortgage.
(3) Settlement trouble: Some cities support the purchase of a house to settle down, and when going through the settlement procedures, the purchase invoice is also one of the necessary materials, and it is difficult to do it without an invoice.
(4) Trouble in selling a house and paying taxes. Selling a house is also more cumbersome if you don't have a purchase invoice, and in some cases, the cost of selling a home can be higher.
What should I do if I lose my purchase invoice?
If the down payment invoice is lost, there will be a full payment invoice after the house is delivered, which will not affect the future application for real estate certificate, withdrawal of provident fund, and settlement;
If the invoice is lost in full, it can apply to the invoice issuer for an explanation specifying the invoice issuer, the invoice recipient, the amount, the invoice code and other information, or ask the invoice to provide a copy of the stub or accounting copy of the lost invoice, which will be recorded as a legal and valid voucher after being reviewed by the in-charge tax authorities, but the invoice cannot be issued repeatedly.
However, it is obvious that this process will not be too easy, and it is not excluded that people are unwilling to cooperate, so in order to avoid trouble, it is recommended to keep it properly.
03.
Mortgage contract
The vast majority of people do not buy a home in full, but take out a bank loan to pay the balance after making a down payment. Usually, most of the home loans are signed with the bank when applying for a bank loan. Only after signing the loan contract, the bank will give the buyer a loan, otherwise the bank will not lend.
In addition, the loan contract clearly lists the key details such as the loan amount, loan term, loan interest rate, and repayment method.
Therefore, the importance of a mortgage contract cannot be overlooked, and it needs to be carefully checked when it is signed, after all, it will directly affect the homebuyer's repayment and debt.
Remember! Once this contract is signed, then it has legal effect! After that, if the buyer fails to repay the loan on time as agreed in the contract, he will face legal liability, and the bank will not only have the right to recover the arrears through legal means, but will even blacklist the defaulter, or even the house will be mortgaged, etc.
If the loan is fully repaid in the future, the contract will be annulled.
It is worth noting that if the buyer wants to pay off the loan balance in full, he also needs to bring the loan contract. Including the continuous reduction of the mainland LPR interest rate in the past two years, those who previously repaid the mortgage according to the fixed interest rate, if they also want to enjoy the low interest rate, they also need to bring the loan contract to the bank for adjustment.
Of course, if the loan contract is accidentally lost, don't panic, because the loan contract can be reissued, you only need to bring a valid ID to the bank that handled the loan at the beginning, and ask it to make a new copy of the original contract.
However, in reality, in the process of handling, it is difficult to say that there will be no resistance.
Moreover, if you want to repay the loan in advance and accidentally lose the loan contract, from the bank's point of view, of course, it is more desirable for you to continue to borrow, in this case, the bank may delay the repayment time. Therefore, the importance of this contract cannot be overlooked.
Epilogue:
Even if some can be reissued, the process will be more complicated and even encounter various resistances. Therefore, it is recommended that you take good care of it!