Before signing, you should thoroughly read and understand all the terms and conditions in the loan agreement. Pay special attention to key provisions such as:

• Interest rates (fixed or variable, and how they are calculated)

• Late payment penalties

• Early repayment fees

• Other hidden charges or service fees

Under current regulations, parties entering into a property or building purchase agreement have rights and obligations as agreed upon in the contract, provided such terms are not contrary to the law. Additionally, the rights and obligations of the parties are specified in:

• Articles 21 and 22 (for the seller), and

• Articles 23 and 24 (for the buyer)
  of the applicable legal framework on property transactions.

Paying a deposit to reserve the property ...
Documents the seller must prepare ...
Documents the buyer must prepare ...
Notarizing the sale and purchase agreement...
Submitting transfer documents to the local land administration office ...
Paying fees and taxes ...

Appraisal and issuance of the new Land Use Rights Certificate

When carrying out a land use right transfer transaction, both the buyer and the seller are subject to a total of five types of fees and taxes, including: Registration fee, Personal income tax, Document appraisal fee, Notarization fee, Land use right certificate issuance fee

.

Don't rush to price your home without first gathering complete and accurate information about the property you own. This is also the ideal time to research current trends in the real estate market, especially if you're preparing to list your home for sale.