What is the function of information barrier? What are the transaction procedures for real estate?

There are many factors that need to be paid attention to when dealing with real estate transactions now. There is no big problem in the whole thing, but if we dig deeper into some situations, we can find that many factors still need strict attention, including information isolation. Of course, this factor often appears in securities, so what is the role of information wall? What are the transaction procedures for real estate?

What is the function of information barrier?

1. The information barrier takes sensitive information as the control object, and requires to restrict or manage the information transmission across departments and business fields to prevent information abuse and insider trading. In order to strengthen the control of sensitive information of securities companies, we believe that securities companies should start to build an information wall system from three levels: physical layer, post function layer and business information layer.

2. The physical foundation layer of information barrier refers to the physical business foundation isolation measures taken between different businesses with conflicts of interest within a comprehensive securities company. Specifically, it refers to measures to realize the independence and isolation of investment banking business, investment consulting business, proprietary business, customer asset management business, margin financing and securities lending business from other businesses with conflicts of interest in terms of departmental organization, personnel management, office space, office equipment, physical facilities, access control system, business system and computer equipment. This is the foundation and premise of the construction of information separation wall. If there is no basic isolation measures at the physical level, that is, all kinds of business information are mixed into a whole and the flow of sensitive information cannot be controlled, it is difficult to take effective further isolation measures based on sensitive information.

What are the transaction procedures for real estate?

1. Understand the property right of the house and ask the seller to provide legal documents, including property right certificate, identity certificate, qualification certificate and other documents.

2. Sign a sales contract. After the buyers and sellers reach an agreement on the location, property rights and transaction price of the house through consultation, the two parties sign a formal real estate sales contract.

3. Apply to the real estate transaction management department for review. After the buyer and the seller apply to the real estate management department, the management department shall examine the relevant documents and review the property rights. If there is no property right or part of the property right without the written consent of other property rights, the application shall be refused and the listing transaction shall be prohibited.

4. Contract. The real estate transaction management department shall apply for examination and approval according to the property right status and purchase object of the transaction house and the examination and approval authority, and both parties to the transaction may go through the formalities of signing the deed.

5. Pay taxes and fees. The composition of taxes and fees is also complicated, depending on the nature of the transaction house. For example, there are differences in the composition of taxes and fees between housing reform and affordable housing and other commercial housing.

What are the functions of the information barrier? What's wrong with the real estate transaction procedures? The information wall is very important now, and it is also the strictest one in the rules and regulations. Has attracted the attention of many people. It must be useful to do some full understanding. After knowing this, I will take time to look at the real estate transaction procedures. Although there are intermediaries or sales offices to help you now, you should know for yourself.