Secondly, we also advise you not to buy this kind of house, because without the title certificate, you can't borrow, transfer, notarize, and the signed agreement is invalid.
Third, if you can't handle the transfer without the title certificate, the hidden risk will be great, but the ownership of the property still belongs to the original owner. For example, if the original owner divorces, divides the property and is sued for debts, the property will be listed as executable property by the court.
If the property buyer cannot obtain the title certificate after moving in, and the ownership of the purchased house is still in an uncertain state, the property buyer will not be able to obtain the following rights:
1. You can't buy, sell, give, replace, inherit or rent. Even if the relevant contract is signed, it is invalid and not protected by law.
2. If the house is demolished, it is impossible to get compensation for demolition according to the national policy and relevant demolition regulations.
3. Other rights such as mortgage right and mortgage right cannot be set, and property buyers cannot obtain loans or bear other civil liabilities through mortgage.
4. If the property ownership certificate cannot be obtained due to the illegal development of the project, the house purchased by the property buyers is at risk of being forcibly demolished or auctioned.
5. When the developer is enforced due to a debt dispute, the real estate that has not been transferred still belongs to the developer's property and can be enforced by the developer's creditors according to law;
6. The land use right expires and it is impossible to apply for the continued use of the land.