Notice in relation to Various Measures on Further Optimizing the Approval Service Mechanisms, Benefiting Enterprises and the Public and Promoting the Economic and Social Development (the Sixth Batch)
25 December 2024
The Guangzhou Municipal Planning and Natural Resources Bureau (“the authorities”) issued the “Notice in relation to Various Measures on Further Optimizing the Approval Service Mechanisms, Benefiting Enterprises and the Public and Promoting the Economic and Social Development (the Sixth Batch)” (“the Notice”) on 25 December 2024. The authorities proposed to implement a pre-registration process. Where an enterprise or individual, after entering into a house sales and purchase agreement or other immovable property rights agreement, does not fulfil the conditions for transfer registration yet, they can perform the pre-registration notice to prevent risks associated with “one house sold twice” or “sales before mortgage”.