What are the procedures for pledge of real estate equity?

Need to apply for equity pledge, to the industrial and commercial bureau for equity pledge. If all goes well, it will take about 5 to 10 working days to handle the equity pledge. Where shares that can be transferred according to law are pledged, the pledgor and the pledgee shall conclude a written contract and register the pledge with the securities registration agency. The pledge contract shall take effect from the date of registration.

legal ground

Article 137 The shares held by shareholders can be transferred according to law. Article 141 of the Company Law The shares of the Company held by the promoters shall not be transferred within one year from the date of establishment of the Company. Shares issued before the public offering of shares by the company shall not be transferred within one year from the date of listing and trading of the company's shares on the stock exchange. The directors, supervisors and senior managers of the company shall report to the company the shares they hold and their changes, and the shares transferred each year during their term of office shall not exceed 25% of the total shares they hold; The shares held by the company shall not be transferred within one year from the date of listing and trading of the company's shares. The above-mentioned personnel shall not transfer their shares in the company within six months after leaving the company.