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New Regulation Focus on PRC Uniform Real Estate Registration System

China Insight - Real Estate

23/01/2015

The current PRC real estate registration system is very scattered and vested in different authorities. At present, the Ministry of Land and Resources is in charge of registration of land use right certificates while the Ministry of Housing and Urban-Rural Development is in charge of registration of real property ownership certificate. This will create overlaps, omissions and sometimes contradiction in the registration practice. The scattered registration system usually requires the right holder to go through different governmental authorities for inquiries and changes in ownership items. This is time-consuming and lacks efficiency.

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China Insight - New Regulation Focus on PRC Uniform Real Estate...
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Authors

Portrait ofMatthew Wang
Matthew Wang, LL.M.