Purchasing a Home: Avoiding Legal Pitfalls

Author: Wang Cailiang
Publisher:
Publish Date: 2003-08-01
Features: Encountering traps when buying a house is a very common issue. How can one effectively prevent it? Renowned lawyer Wang Cailiang and his firm, with years of experience in handling real estate dispute cases, tell homebuyers how to stay away from purchase traps and, if they fall into one, how to seek legal protection. The book starts with case studies and guides buyers through the natural process of selecting a property—buying a property—avoiding traps. It teaches readers how to recognize and avoid false claims like "non-existent properties," "properties with hollow shells at high prices," and "properties luring with low prices," as well as avoiding properties with defects such as project approval flaws, land use rights defects, financial defects, and functional shortcomings. The lawyer also provides special guidance on how to review and draft property purchase contracts to prevent contractual traps. The appendices, including laws and regulations and a table of common legal terms for property purchases, will help readers better understand the book.