2. Underground parking spaces without property rights cannot be bought or sold. Buying underground parking spaces without property rights means that property buyers may have to bear the risks of no property rights, no secondary transactions and no compensation for demolition.
Developers can't sell underground parking spaces without pre-sale permit and property right certificate. Housing area, price, location, location, etc. It is the basic clause of the sales agreement, which should be clearly stipulated, otherwise it will easily lead to disputes and be very unfavorable to the buyer.
Legal basis:
People's Republic of China (PRC) Civil Code
Article 440th The following rights that the debtor or a third party has the right to dispose of may be pledged:
(1) Bills of exchange, promissory notes and checks.
(2) Bonds and certificates of deposit.
(3) Warehouse receipts and bills of lading;
(4) Transferable fund shares and equity;
(5) Transferable intellectual property rights such as the exclusive right to use a registered trademark, patent right and copyright;
(6) Existing and future accounts receivable;
(7) Other property rights that can be pledged according to laws and administrative regulations.
Article 444 Where intellectual property rights such as the exclusive right to use a registered trademark, patent right or copyright are pledged, the pledge right shall be established at the time of pledge registration.
After the pledge of property rights in intellectual property rights, the pledgor may not transfer or license others to use them, except with the consent of the pledgor and the pledgee through consultation. The pledgor shall pay off the debts in advance to the pledgee or deposit the price for transferring or allowing others to use the pledged intellectual property rights.