The Wuhan Municipal Bureau of Housing and Urban Renewal, the Wuhan Municipal Bureau of Natural Resources and Urban-Rural Development, and the Wuhan Local Finance Administration issued implementation opinions on implementing the “Notice on Improving the Commercial Housing Sales System”. Among them, it is mentioned that sales of existing homes are being carried out steadily. Starting August 28, 2026, commercial housing projects with newly sold land will give priority to existing housing sales. After applying for the first real estate registration, real estate development enterprises shall formulate an existing housing sales plan, report it to the municipal housing administration department for the record, and then organize sales according to the existing housing sales plan. Regulate deposit sales practices for existing homes. In commercial housing projects where existing housing is sold, after obtaining a construction permit for the construction of the construction project, the real estate development enterprise shall formulate a deposit sales plan and report it to the municipal housing administration department for the record. The municipal real estate transaction center shall simultaneously open a deposit supervision account with the project host bank. The deposit sales plan shall include basic project information, sales price, deposit collection standards, rights and obligations, and liability for breach of contract. When real estate development enterprises carry out deposit sales of existing homes, they shall centrally publicize materials such as “business license”, “real estate development enterprise qualification certificate”, “construction land planning permit”, “construction project planning permit”, “deposit sales plan”, “home purchase deposit contract” and sales personnel information through sales sites or internet platforms. The Municipal Housing Administration Department takes the lead in formulating the “Home Purchase Deposit Contract”.

Zhitongcaijing · 2d ago
The Wuhan Municipal Bureau of Housing and Urban Renewal, the Wuhan Municipal Bureau of Natural Resources and Urban-Rural Development, and the Wuhan Local Finance Administration issued implementation opinions on implementing the “Notice on Improving the Commercial Housing Sales System”. Among them, it is mentioned that sales of existing homes are being carried out steadily. Starting August 28, 2026, commercial housing projects with newly sold land will give priority to existing housing sales. After applying for the first real estate registration, real estate development enterprises shall formulate an existing housing sales plan, report it to the municipal housing administration department for the record, and then organize sales according to the existing housing sales plan. Regulate deposit sales practices for existing homes. In commercial housing projects where existing housing is sold, after obtaining a construction permit for the construction of the construction project, the real estate development enterprise shall formulate a deposit sales plan and report it to the municipal housing administration department for the record. The municipal real estate transaction center shall simultaneously open a deposit supervision account with the project host bank. The deposit sales plan shall include basic project information, sales price, deposit collection standards, rights and obligations, and liability for breach of contract. When real estate development enterprises carry out deposit sales of existing homes, they shall centrally publicize information such as “business license”, “real estate development enterprise qualification certificate”, “construction land planning permit”, “construction project planning permit”, “deposit sales plan”, “home purchase deposit contract” and sales personnel information through sales sites or internet platforms. The Municipal Housing Administration Department takes the lead in formulating the “Home Purchase Deposit Contract”.