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What are the considerations when purchasing a second-hand parking space?

4 Answers
NadiaLynn
09/01/25 5:21am

Considerations when purchasing a second-hand parking space include checking whether a property certificate can be processed, noting that civil air defense garages are prohibited from being sold, understanding that provident fund loans cannot be used to purchase parking spaces, and ensuring that relevant parking space details are written into the contract. Below is a detailed introduction regarding second-hand car transactions: 1. Overview: The main contents of second-hand car transactions include preliminary evaluation work, technical condition assessment, consignment, replacement services, price evaluation, and transaction practices. The main procedures involve vehicle-related formalities, maintenance and repair procedures, and tax-related formalities. 2. Relevant background: On May 10, 2021, the Ministry of Public Security held a press conference to announce 12 convenience measures for deepening the reform of "delegating power, improving regulation, and upgrading services" in public security traffic management and "doing practical things for the people." The Ministry of Public Security, in conjunction with the Ministry of Commerce and the State Taxation Administration, will implement the "cross-province general handling" of second-hand car transaction registrations for small non-operational passenger vehicles.

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JulianMarie
09/13/25 8:03am

I recently helped a friend with a second-hand parking space transaction, and the most crucial aspect was verifying the property rights. Make sure the seller provides the original property ownership certificate to confirm if it's an independently owned space. Avoid those civil air defense project spaces that can only be leased long-term. It's best to visit the real estate registration center in person to check the records and see if there are any mortgages or seizures. When signing the contract, clearly outline the penalty clauses, such as the seller having to pay double the deposit if they conceal property rights issues. Also, verify the parking space usage fees with the property management in advance—some older residential areas have unpaid management fees spanning several years that only come to light after the transaction. Additionally, remember to measure the actual dimensions; I've seen cases where spaces labeled as standard couldn't even fit an SUV.

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DelRobert
10/28/25 2:01am

From a property manager's perspective, I'd like to remind everyone that when purchasing a second-hand parking space, the first priority is to scrutinize the property ownership documents. It's essential to verify whether the parking space number on the real estate certificate matches the actual location, as many disputes arise from this issue. Regarding unpaid management fees, always obtain written confirmation from the property management rather than trusting verbal promises. For surface parking spaces, confirm the ownership of the marked area, as some developers may engage in the trap of duplicate sales. During inspection, pay special attention to surveillance coverage and drainage systems—I've encountered no fewer than ten cases of spaces flooding during heavy rains. The contract must clearly state responsibility for removing the original parking lock, as many buyers suffer losses when they find the lock taken by the previous owner after handover. I recommend recording the entire transaction process with audio and video, as parking space sales have a higher rate of disputes than second-hand home sales.

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LaAdrian
12/11/25 2:17am

Last month I just bought a used parking spot in my residential complex, and the experience taught me that details make all the difference. I visited both during the day and at night to check the lighting and security patrols. Testing mobile phone signal is crucial—otherwise, you can't even control the smart garage door. I physically tested the space for opening car doors: a spot is only qualified if you can stand beside it and open the door naturally. During the handover, make sure the previous owner provides proof of charging pile removal—my neighbor got fined by the property management for unapproved dismantling. Most importantly, check the parking space-to-household ratio in advance; only complexes with a ratio below 1:1 have appreciation potential. Don’t rush to pay the full amount—hold back 20% as a final payment until the property transfer is officially registered with the management.

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