legal ground
Article 8 of the Measures for the Administration of Urban Real Estate Mortgage
The following real estate shall not be mortgaged:
(1) Real estate with disputed ownership;
(2) Real estate used for public welfare undertakings such as education, medical care and municipal administration;
(three) buildings listed as cultural relics protection and other buildings with important commemorative significance;
(four) real estate that has been announced in accordance with the law and included in the scope of demolition;
(5) Real estate that has been sealed up, detained, supervised or restricted in other ways according to law;
(six) other real estate that may not be mortgaged according to law.