What are the considerations and procedures for buying a second-hand parking space?

1 Answers
ColemanMarie
07/29/25 5:09pm
Buying a second-hand parking space involves the following considerations and procedures: Considerations: When purchasing a second-hand parking space, first ensure that the space can obtain a property ownership certificate. Additionally, verify whether the parking space belongs to a civil air defense garage that is prohibited from sale. It's also important to include detailed terms related to the parking space in the purchase contract. Note that provident fund loans cannot be used to buy second-hand parking spaces, so buyers should prepare sufficient funds. Required procedures: The seller must provide the property ownership certificate, sales contract, personal identification documents, household registration booklet, and information about co-owners of the parking space, among other necessary documents. The buyer needs to provide personal identification and household registration booklet. If a loan is required for the purchase, additional documents such as proof of income, stable employment, and other bank-required materials must be submitted.
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