phpMyVisites
Print  Font Size: 
Knowing China's New Property Law

3. Since registration in the land registry is such a critical matter, the Law provides for two important protections:

a. An interested party has the right to petition for a correction of mistakes in the land registry. If the registrar declines to make the correction, the interested party has the right to file suit. If a mistake in the registry causes damage to an interested party, that party has the right to claim for damages against the registry. Section 19.

b. An interested party has the right to sue for damages against any person who submits falsified documents for an entry in the land registry and to receive from the registry that accepted the falsified documents. Section 21.

4. Multiple sales of a single property are a major issue in China. The Property Law addresses this issue by providing for a system of notice filing. Notice of the pendency of any transaction that would affect land or buildings may be filed with the land registry. During the pendency of such filings, no competing transactions will be processed. Section 20.
To do a quick search, highlighting any word(s) then click Help!
1 2 3 4 5 6
 
About Jongo | Terms of Service | Privacy Policy
Reproduction in whole or in part without permission is prohibited.
Copyright ©2006-2009 Jongo International Inc. All rights reserved.