First, why do you need four certificates?
The Notice of the General Office of China Banking Regulatory Commission on Strengthening the Supervision of Trust Companies' Real Estate and Securities Business (Y.J.F. [2008] No.265) stipulates that it is strictly forbidden to issue loans to real estate projects that have not obtained the "four certificates" of state-owned land use certificate, construction land planning permit, construction project planning permit and housing construction permit.
The state stipulates that you must have a certificate to apply for a project loan, in order to prevent some enterprises from raising funds too early in the process of project development, and the proportion of their own funds is too small, and even misappropriate project loan funds.
2. What are the four certificates of project loan?
1, state-owned land use certificate
Generally held by individuals or enterprises with land use rights, it is a legal certificate to prove the use of state-owned land.
2, construction land planning permit
It is a legal document that the construction unit confirms that the location and scope of the construction project are in line with urban and rural planning before applying to the land management department for requisition and allocation of land.
3, the construction project planning permit
It is a legal document issued by the competent department of urban planning administration to confirm that the relevant construction projects meet the requirements of urban planning.
4, the construction project construction permit
It is the legal certificate for the construction unit to carry out the project construction, and it is also one of the main bases for the registration of house ownership. Construction projects without work permits are illegal and are not protected by law.