What if the developer runs away and the house is rotten?

Legal analysis: The disposal method of developers' unfinished houses is as follows: 1. If only the developer's funds are broken, give the developer some time. If the developer can raise funds in a short time and complete the follow-up projects, the uncompleted residential flats will be revived; If the developer goes bankrupt and the building is not completed, the house cannot be returned to the developer. Because after check-out, buyers can only get receipts or IOUs; 3. After the developer goes bankrupt, the purchaser can still apply to the housing management department for real estate license according to the procedure.

Legal basis: Article 7 of the Measures for the Administration of Commercial Housing Sales shall meet the following conditions: (1) The real estate development enterprise that sells commercial housing now shall have the Business License of Enterprise as a Legal Person and the Qualification Certificate of Real Estate Development Enterprise; (2) Obtaining a land use right certificate or a land use approval document; (3) Holding a construction project planning permit and a construction permit; (4) It has passed the completion acceptance; (five) the demolition and resettlement has been implemented; (six) water supply, power supply, heating, gas, communications and other supporting infrastructure have delivery conditions, other supporting infrastructure and public facilities have delivery conditions or the construction progress and delivery date have been determined; (seven) the property management plan has been implemented.