If a developer delivers a new home late or is late in getting your property certificate, first send a written demand and keep the evidence, then claim the penalty under the contract
- Moderate value
- Evidence A
- Saves money
- Free
- Takes some hours
- Some willpower
In plain words
If the developer delivers late, first press it in writing; if it still has not delivered within three months, you can cancel the purchase. If the contract has no penalty clause, the developer pays you the rent for similar homes in the same location. If you cannot get the property ownership certificate (产权证) because of the developer, you are also compensated; if the delay goes more than one year past the certificate deadline, you can cancel the purchase. The right to cancel has a time limit, so don't keep putting off a decision.
Translated from the Chinese original. Original book, section 15, tip 13. Content may be out of date and rules differ by place.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