What is the name of the pre-sale before the opening of the property?

Pre-sale before the opening of the property is called subscription, which is the sincerity of buyers to buy a house, and this sincerity needs to be reflected by paying the subscription money. After paying the subscription money, the buyers can get the preemptive right of the house and enjoy a certain degree of price concessions. When the real estate is officially opened for sale, the recognized buyers will choose the houses according to the priority order, and then sign a formal house sales contract with the developers.

What is the process of real estate approval?

1, the specific operation of subscription has the following links. First of all, consumers go to the developer to fill in their personal data and pay a lot of "sincerity money", and they will get a "certificate" with various names such as VIP card, VIP passport, VIP consumption card or subscription card. Only after obtaining these "certificates" can consumers qualify for "recognition".

2. The second step is the so-called solution. When the number of subscribed houses exceeds the actual number of saleable houses, developers generally take the form of "drawing lots" to "draw out" people who can choose houses from the consumers who have subscribed.

3. After that, the selected house will pay the down payment with a unified house number, sign a subscription book or a pre-sale contract, and sign a "subscription contract" with the developer after selecting the house number. Then sign the "Pre-sale Contract" or "Real Estate Sales Contract".

What is the refund process of subscription funds?

1. If the buyer fails to choose the ideal house, the developer will refund the subscription money to the buyer in full. The essence of subscription fund is that developers get a lot of money before the opening and recover a lot of money in a short time to solve the urgent needs of developers.

2. When the terms are not signed, the subscription has no legal effect, and the "sincerity money" and subscription money paid by the buyers during the subscription process can be refunded. When purchasing and signing a formal sales contract, buyers need to be careful to identify and prevent behavioral clauses that harm their legitimate interests. When signing any terms, they should also look carefully and pay attention.

It is necessary to check the contract carefully. Is there an agreement? If the developer stipulates in the subscription agreement that the purchaser will not buy a house for personal reasons in the future, then the subscription money will not be refunded. Or do you agree to directly convert the subscription money into a deposit? If there is an agreement between the two parties as a "deposit", it can be implemented in accordance with the contract, and then it cannot be refunded.