Xi’an: Strengthen the supervision of pre-sale funds for commercial housing and strict payment standards

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 Titanium Media App reported on July 14 that five departments including Xi’an Housing and Urban-rural Development Bureau jointly issued a notice on measures to prevent the delayed delivery of commercial housing. Down payment, house purchase loan and all other forms of house payment) shall be directly deposited into the special supervision account for supervision, and the development enterprise shall not directly collect or set up another account to collect the purchaser's house purchase payment. Strict disbursement standards. Before the completion of the acceptance of the main structure of the commercial housing project, the cumulative use of key supervision funds shall not exceed 50% of the total; before the completion of the completion acceptance, it shall not exceed 95%; before the completion of the completion acceptance record, it shall not exceed 99%; after the first registration of the real estate, the remaining 1 can be withdrawn. %. Among them, for buildings with more than 7 floors, before the total number of floors reaches 1/3 and 2/3, the cumulative use of key supervision funds shall not exceed 20% and 35% of the total respectively.

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