Among the many milestones in life, buying a property is undoubtedly a major event in most people's lives. It is not only a haven from the wind and rain, but also a symbol of family wealth and stability. However, when the heavy real estate certificate is finally handed over, in addition to joy, it is also necessary to be wary of potential risks and negligence. Today, let's explore what three things must be handled as soon as possible after the real estate certificate is in hand, so as not to cause the house to no longer belong to you due to a momentary negligence in the future.
1. Handle the registration of change of housing property rights in a timely manner
The information on the title deed, as a legal document of ownership of the house, must be exactly the same as the actual situation. However, in real life, various reasons, such as changes in marital status (marriage, divorce), inheritance, gifts, etc., can lead to changes in the ownership of the house. Therefore, once the title certificate is in hand, the first thing to do is to verify that the relevant information is accurate, and if necessary, to register the change of property rights in a timely manner.
**Case Sharing**: After Mr. Zhang divorced his ex-wife, according to the agreement, the property belonged to Mr. Zhang. However, due to his busy work, Mr. Zhang did not go to the Housing Authority to go through the procedures for changing the property rights. A few years later, due to financial disputes, the ex-wife's property in her name was seized by the court, including the property ownership certificate that had not been changed. Although Mr. Zhang held the actual right of residence, the property was still regarded as part of his ex-wife's property in legal proceedings, causing unnecessary trouble to Mr. Zhang.
Therefore, no matter what the situation causes the change of property rights, you should submit an application to the local real estate management department in a timely manner to complete the registration of the change of property rights to ensure that your legitimate rights and interests are not infringed.
2. Verify and pay the relevant taxes and fees
Buying a property is not just about paying the purchase price, but also involves a series of tax issues, such as deed tax, personal income tax (for second-hand housing transactions), land appreciation tax (under certain conditions), etc. Once you have your title deed, be sure to carefully check your purchase contract, invoices, tax bills and other documents to ensure that all taxes and fees have been paid in accordance with the regulations.
**Tax Risk Warning**: Failure to pay taxes on time or in full will not only affect the legitimacy of the property, but also may face penalties from the tax authorities, including fines, late fees, and even personal credit history. To make matters worse, when a property is transferred or mortgaged, outstanding taxes can become an obstacle to the transaction, resulting in a smooth closing or loan blockage.
Therefore, it is recommended that buyers contact the developer or the tax department immediately after the real estate certificate is in hand to confirm the payment of taxes and fees, and if there are any omissions or errors, they should make up or correct them in time.
3. Properly keep and back up the real estate certificate and related information
As a legal proof of ownership of a home, the importance of the title deed is self-evident. However, many people just leave the title deed in their hands and don't bother with it, but they don't know that once it is lost or damaged, the replacement process will be extremely cumbersome and time-consuming.
**Precautions**: First of all, the real estate certificate should be stored in a safe and easy-to-take place to avoid accidental damage such as moisture and fire. Second, it is advisable to make an electronic backup, such as scanning or taking a photo, and storing it in the cloud or in an encrypted storage device so that it can be quickly found and used when needed. In addition, you should also keep the relevant documents such as purchase contracts, invoices, and loan contracts, which will play an important role in real estate transactions, loan applications, insurance claims, etc.
**Strategies for dealing with loss**: If you unfortunately lose your real estate certificate, you should immediately report it to the local real estate management department and submit relevant materials to apply for a replacement as required. At the same time, as it may take some time during the re-application process, it is recommended to suspend major transactions or loan applications related to the property during this period to avoid being hindered due to incomplete documents.
epilogue
Getting the title deed is an important point in the journey of buying a house, but it is not the end. In order to ensure that their legitimate rights and interests are not infringed, buyers need to complete the registration of property rights change as soon as possible, verify and pay off relevant taxes and fees, and properly keep and back up the real estate certificate and related information. Only in this way can you truly make this heavy real estate certificate a solid backing for you to live with peace of mind and a worry-free life.