2. Green copy of real estate (ownership of real estate has (use) certificate): it means that the real estate is enjoyed by the state and individuals for a certain period of time. Compared with red copy, green copy can not use real estate at will, and can not be sold, traded or transferred.
Contents of real estate red book
The full name of the red property certificate is the property ownership certificate, which is the property certificate of commercial housing in the market and the certificate of the integration of property ownership and land use right. In other words, if you buy this house, not only the house belongs to you, but also the right to use this land completely belongs to you, and you have complete control over them.
The title certificate of the red book property shows that the buyer has the right to possess, use and dispose of the property, and can also be listed, traded or mortgaged. The implementation of all these rights is protected by national laws.
Contents of the Green Paper on Real Estate
The full name of green house ownership certificate is "house ownership certificate", also called property right certificate. For non-market commercial housing, such as affordable housing and welfare housing.
The green house ownership certificate only contains the right to use the house, and the land use right does not belong to the owner.
Green real estate license has certain restrictions on the ownership of real estate. Generally, there are many affordable houses and small property houses, and resale transactions will also be restricted. For example, affordable housing is not allowed to be traded, transferred or mortgaged within five years.
In a word, the red book means that the house belongs entirely to the owner, while the green book means that the owner has only half of the property rights.
Reminder: You can also apply to change the green real estate license to Cheng Hongben real estate license. With the approval of the Housing Authority, the difference in house purchase can be made up, and it can be transferred or mortgaged after going through the relevant formalities.
At present, the policy of changing green capital into red capital varies from place to place. Please consult the local housing authority for details.