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Can we sell the house if the loan is not paid off

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Can we sell the house if the loan is not paid off


        

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  • 2024-06-19 10:01:41

    No. According to the policy of our country, it is invalid to directly resell the house purchased in the form of loan before the house loan is paid off. Because the loan was not paid off, the property certificate should be kept in the bank.

    Article 209 of the Civil Code: The establishment, alteration, transfer and extinction of the real property right shall become effective after being registered according to law; Without registration, it shall not become effective, except as otherwise provided by law. The ownership of natural resources legally owned by the state may not be registered.

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