The number of home sales disputes soaring house prices bullish is the root cause
The number of home sales disputes is also a benchmark for the real estate industry. Hangzhou Yuhang Court newly established 21 cases of home purchases and sales disputes in January-April this year, and in 2007, only 15 were newly established, and 12 were newly established in 2006. Behind the surge in disputes is the rapid rise in housing prices. Judge Lei Zijun of the Yuhang Court in Hangzhou made a systematic inventory of the characteristics of these cases: Judging from the causes of disputes, the phenomenon of non-compliance with households due to breach of contract by house prices rises. Individual house sellers do not even repay or pay home after receiving the first payment. Property buyers sued the court and demanded that they continue to perform the contract or request to rescind the contract and demand liquidated damages. Judging from the dispute's controversial focus, most home sellers defended against the absence of a real estate license or the spouse’s unwritten consent. Although the 期房 transaction is a prohibited transaction, in fact, there are still a large number of 期房 transactions in the second-hand housing transaction market, and the risk is triggered. From the results of disputes, some homebuyers have failed to compensate for the loss caused by rising house prices even if they received compensation for breach of contract. The sellers are still risking losing the lawsuit, and the amount of liquidated damages or compensation losses is far lower than the benefits of reselling their homes. Some home sellers belong to the real estate family, and their economic strength is relatively strong. The handling of such lawsuits is not particularly tense. Second-hand housing
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