Function: Subscription certificate and subscription activities are illegal acts of real estate developers before obtaining the Pre-sale Permit, which is explicitly prohibited by the state.
Process:
1, the consumer obtained the "approval" qualification.
2. When the number of "subscribed" houses exceeds the actual number of saleable houses, developers will generally take the form of "drawing lots" to "draw out" people who can choose houses from the consumers who have subscribed.
3. The selected house-chooser will uniformly choose the house number and pay the down payment to sign the Subscription Contract with the developer. Then sign the "Pre-sale Contract" or "Real Estate Sales Contract".
Extended data
Identify hazards:
1. Almost all "approved" properties have the same feature-they have not obtained the pre-sale permit. The rights and interests of consumers cannot be guaranteed.
2. Although the developer promises that the "deposit" can be returned unconditionally without interest. However, some experts believe that this is actually a "financing method" that takes up consumer funds for free. Once there is a problem with the project, the developer will run away with the money, and it is the consumers themselves who suffer.
3. Another great harm is to promote the "virtual fever" of real estate. "Recognition" and "speculation" contributed to each other, leading to a gradual increase in house prices. In this way, not only will consumers pay more, but once house prices fall, high-priced buyers will also suffer huge losses.
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