1. Is it legally effective to buy a house without notarization?
No, it is understood that the notarization of buying a house only has legal effect on the agreement, and it has no legal effect without going through the transfer formalities. In daily life, many people choose not to live in a house in order to avoid business tax. Although such a house also has property rights, there is still the risk of unsuccessful transactions. For example, the seller is likely to cancel the transaction for various reasons, and such a dispute court is likely to award the house to the seller when making a judgment.
Second, what circumstances of the house need to be notarized?
1, notarization of sales contract
In the process of housing sales, if one party is a foreigner, then the housing sales contract must be notarized before it can take effect. If the house of a foreign consumer is not notarized, it cannot be traded.
2. Notarization of loan contract
If a foreigner wants a loan to buy a house, then the loan contract must be notarized before it can take effect. Because only the loan contract notarized by the notary office can be traded normally, and the certificate of other rights can be processed.
3. Gift notarization
When a house is donated, it is necessary to change the property right first, and then notarize the gift agreement. The notarization fee for the gift is generally 2% of the total contract price.
Editor's summary: The above has introduced to you whether the notarization of buying a house has legal effect and what conditions of the house need notarization. I hope I can help you. If you need to explore more content, you can continue to lock our website, and the follow-up content will be more exciting!