Aug 20, 2021 01:54 PM (GMT+8) · EqualOcean
Financial Associated Press, August 20 (Xinhua) the office of Jinhua leading group for promoting the steady and healthy development of the real estate market issued a notice on the implementation of notarized lottery and public sale of new commercial houses in Jinhua City. The notice makes it clear that for new commercial residential projects in land plots with limited house prices in Jinhua City and newly listed commercial residential projects whose registered number of house purchase intention is greater than the number of houses approved for sale in the current period, the real estate development enterprise shall entrust the city's notarial institution to determine the house selection sequence by means of notarial lottery and clarify the number of house selection in each batch. If an individual participating in the notarial lottery commits fraud and other acts, once verified, he shall not participate in the notarial lottery of new commercial residential projects in Jinhua City within two years; If a crime is constituted, it shall be transferred to the judicial organ for handling.