Everyone has heard of uncompleted residential flats, but when it comes to uncompleted residential flats, everyone seems to have the same expression. When buying a building, people are most worried about buying an unfinished building. In fact, uncompleted residential flats abound, and there are many around you. Once you buy an unfinished building, it is likely to ruin your life's happiness. What is an unfinished building? What should I do with the unfinished building? Everyone has heard of uncompleted residential flats, but when it comes to uncompleted residential flats, everyone seems to have the same expression. When buying a building, people are most worried about buying an unfinished building. In fact, there are many unfinished buildings around us. Once you buy an uncompleted residential building, it will probably ruin your life's happiness. But what should I do if I buy an unfinished building? Although everyone doesn't want to see such a scene, we should also think about countermeasures. So what is an unfinished building? What should I do with the unfinished building?

What is an unfinished building?

Unfinished residential building refers to a real estate project that has gone through the formalities of land use and planning, and stopped working for more than one year after the project started because the developer was unable to continue to invest in construction or was caught in a debt dispute. Moreover, uncompleted residential flats also destroy the image of the city, waste land resources and undermine investor confidence. Bring inconvenience to residents' lives. There are many reasons for the formation of uncompleted residential flats, such as the bankruptcy of the developer of the building under construction, insufficient construction funds, economic disputes involved in the project, and the suspension of the project caused by the developer's violation of laws and regulations. Most of them are because the capital chain is broken and the project is unfinished. Developers have been unable to pay, banks are unwilling to continue lending, and the project cannot be transferred to other investors.

Incomplete procedures make it impossible to continue construction. And usually because the developer's capital chain is broken, there is no money to continue construction. But the government has no right to take it back, so it can only be vacant. Then developers may declare bankruptcy, and these uncompleted residential flats will be auctioned. Because it is an unfinished building, the price will be lower.

How to deal with uncompleted residential flats

1. If the capital chain is broken, it will lead to insufficient funds or unfinished buildings, and the final treatment method will eventually be solved through economic forms. Specific solutions mainly include auction transfer, or finding new developers to jointly develop. However, the solution is to find loans and increase investment.

2. In fact, it is not easy for uncompleted residential flats to find new developers and investors, because most uncompleted residential flats have problems such as complex property rights and many debt disputes, and there are many problems to be faced after taking over.

For the owner, if the developer goes bankrupt because of insolvency, the house will not be returned to the developer. Because after the check-out, the purchaser can't get the purchase price, but can only get a receipt or an iou. The relationship between buyers and developers will change from buying and selling to creditor's rights and debts.

If the house is not completed, the developer's finance will be auctioned by the court, and according to the bankruptcy law, buyers are more likely to wait for the developer's compensation than creditors. Therefore, the buying-selling relationship takes precedence over the creditor-debtor relationship.

That's right. What is an unfinished building? Summarize how to deal with uncompleted residential flats. When you buy uncompleted residential flats, you must stop loss in time. Of course, when buying a house, everyone should know certain skills in advance, so as to ensure that they can avoid buying uncompleted residential flats. Of course, the real estate market is changing rapidly now, so people should be especially careful when buying a house.