After a family member dies, don't assume you must go to a notary first for the inheritance: deposits of up to 50,000 (5万) CNY at one bank can be withdrawn directly at the bank, and a house is handled by all the heirs together at the real estate registration office
- Moderate value
- Evidence A
- Saves money
- Free
- Takes some hours
- No willpower
In plain words
If the deceased's deposits at one bank add up to no more than 50,000 (5万) CNY, the spouse, children and parents can withdraw them by bringing the documents, with no notarization. A house also doesn't have to be notarized: all the heirs can go together to the real estate registration office (不动产登记机构) and handle it. Notarization costs money; in Fuzhou and Xiamen, for example, for a house the fee is charged by area, and in principle at most 10,000 (1万) CNY per unit.
Mentioned in
Translated from the Chinese original. Original book, section 25, tip 12. This section describes legal rules, mostly mainland China’s. It is general information, not legal advice; for your own case, talk to a lawyer. Content may be out of date and rules differ by place. When you actually deal with an agency, a doctor or a court, follow what local officials, doctors and lawyers tell you. Disclaimer