What Is a Real Estate Developer?

A real estate developer is an enterprise whose main body is real estate development and operation, and obtains profits by implementing the development process. ^[1]

Real estate developers

Real estate developers

After the developer obtains the "Pre-sale Permit", it can prove that the project has passed the government's approval in terms of planning, engineering, land use, etc., and it is qualified to enter the market for the developed commercial housing. According to the relevant regulations of Beijing commercial housing transactions, developers must sign a formal "pre-sale contract" with customers only if they have a "pre-sale permit". I would like to remind the home buyers to check whether the house you are pre-purchasing is within the pre-sale range before signing the contract, and beware of the developer's steal-behind.

"State-owned land use certificate"; a state-owned land use certificate is a legal certificate for units and individuals to use state-owned land. According to the "State-owned Land Use Certificate" directly issued by the Beijing Municipal Housing and Land Administration Bureau, according to different uses of state-owned land, the "Beijing Housing and Land Administration Bureau Land Use Certificate Special Seal" and "Beijing Housing and Land Administration Bureau" are stamped respectively. Paid Land Use Certificate Special Seal "," Beijing Housing and Land Administration Special Seal for Land Use Payment "," Beijing Housing and Land Administration Special Seal for Special Land Use Certificate ". "Planning Permit"; construction land planning permits and construction project planning permits are legal evidence of land use for construction units and construction projects. Land use units without these "two permits" are illegal land use and their construction is also illegal and cannot be obtained. Real estate ownership certificate.

"Construction Project Commencement Certificate"; a construction project commencement certificate is the legal certificate for the construction unit to carry out the project construction.

The house has quality problems during the warranty period. If the house use function is affected after being repaired by the warranty unit, or the purchaser is damaged due to the substandard quality of the main structure, the developer shall be liable for compensation according to the engineering quality guarantee. If the purchaser considers that the quality of the main structure is unqualified, it may apply to the engineering quality supervision unit specified in the "Residential Quality Assurance Certificate" for re-inspection. If the verification is unqualified, the purchaser has the right to check out.

The residential quality guarantee certificate is a written document that guarantees the buyer's promise of the quality of the house when the newly built house is sold to the buyer by the real estate developer, and has legal force. The residential instruction manual, the "residential instruction manual" refers to the text provided by the residential sale unit to the user at the time of delivery of the residence, informing the residence of safety, reasonableness, convenient use and related matters. The residential instruction manual shall specify the floor plan, structure, ancillary equipment, ancillary facilities, detailed structural drawings (indicating the location of the load-bearing structure) of the house, common parts of the house that cannot be occupied, damaged, relocated, shared equipment, and residential use regulations and Prohibited behavior.

According to the regulations, the "House Use Instructions" shall be an annex to the residential (each) transfer contract. If there is a problem in the use of the house, the instructions will become an important basis for resolving disputes between developers and owners.