Steps and Procedures of Selling Residential Properties in China

Very often, we help foreign clients to sell their China properties after they inherit estate properties in China. Indeed, this has been a big part of my team’s legal practice for over a decade. We don’t just sell properties in Shanghai, but also in Beijing, Shenzhen, Guangzhou, and occasionally in Chengdu, Kunming, Suzhou and other cities as well.…

Transfer of Your Share in Tenancy-in-Common Property in China and Preemptive Right

Co-ownership of real estates is pretty common in many jurisdictions. To the best of my knowledge about foreign properties laws, most jurisdictions have basically two types of co-ownership of real estate properties: joint tenancy and tenancy in common.

We have discussed some of the problems concerning tenancy-in-common properties in China in the past: …

What Can You Do about Your Tenancy-in-Common Properties in China?

As you know from posts on this blog, we deal a lot with inheritance issues on behalf of foreign clients with respect to estate properties in China. Very often, such inheritance of properties (typically real estate properties) will end up in a co-ownership of the properties by two or more heirs or beneficiaries. Well, if the co-owners are on good terms, everything…

Bona Fide Purchaser for Value without Notice Rule under China Laws

We are family law practitioners at large. But our work involves not only divorce and estate issues, but also a lot real estate and corporate/investment laws.

In our daily legal researches, we notice that there are still quite a lot of cases involving frauds in real estate transactions.

For example I, a family member forged your identity card and cheated the notary…

A Big Victory for the Great Deal : Sale of Property in China

I have to say congratulations to our own team! We have just closed a great deal for our client in selling their house in downtown Shanghai, the French Concession Area (法租界).

The three-story house is the client’s ancetral property that has been built for almost 100 years, a western styled building in the best location of Shanghai. What’s more, this…

China Land VAT: how to avoid or defer payment of land value added tax

Land value added tax is a big cut of profits from property owners in China.

Land VAT is applicable basically in two scenario: (1) corporate property owners that sell properties, including foreign entities that hold China properties,and (2) individual owners of non-residential properties.

If the owner simply sells in the market for cash, then the land VAT …

“Houses are for living in, not for speculating on” sounds sincere this time

This “houses are for living in, not for speculating on” has been out there since last December when China top leaders met up for an economic meeting. It has become a very popular slogan among either local governments and the media.

Since then, we have seen a steady increase of property curbing measures that are put in place by Chinese local governments…