The procedures for converting affordable housing into commercial housing are as follows:
1. First of all, affordable housing must be repaid with a mortgage. That is to say, if you get a loan when buying a house, go to the bank in advance. The money is paid off.
2. To confirm that the house is more than five years old, you need to look at the deed tax invoice. Economically affordable houses that are less than five years old cannot be transferred to commercial houses.
3. The ownership must be transferred to the household registration book. If the transfer is conditional to someone other than the person’s name, (the same household registration book is not allowed to transfer), it cannot be transferred to the name of a married lover, children, etc. If you are single The household registration can be transferred to the names of parents or to the names of father-in-law, mother-in-law or relatives, both are acceptable.
Contract Law:
The principle of agreement priority is implemented, so the contract terms or supplementary contracts must be signed comprehensively.
Buyers should fully understand and review the pre-sale license, project construction status, and property rights issues? Some affordable housing projects are self-built houses or jointly built houses by certain units. Before buying a house, you must ask about important information such as sales license and property ownership certificate, property management and other basis, and carefully study every content of the contract.
And stipulate the delivery time, area error, key supporting facilities, etc. in the supplementary terms, and indicate the developer's penalties for each breach of contract. If necessary, ask a professional lawyer to intervene and consider it carefully before proceeding. It is more appropriate to sign a contract. Don't trust advertising and salespeople's verbal promises, or you'll regret it later.
Reference: Baidu Encyclopedia - Affordable Housing