Changing Legal Requirements and Practices in Real Estate

September 01, 2007 | BY

clpstaff

By Audrey [email protected] companies or private equity funds planning to enter the Chinese real estate market should keep up to date on the…

By Audrey Chen

[email protected]

Foreign companies or private equity funds planning to enter the Chinese real estate market should keep up to date on the rapid developments in policies to ensure that they can meet appropriate requirements in making such investments. Since July 2006, government authorities have issued a succession of regulations such as Opinion No. 171, Opinion 192, Circular 50 and Circular 130 (New Rules), establishing certain fundamental principles governing the investment and acquisition in real estate projects. The implementation of New Rules by local authorities can have direct and significant impact to those contemplating the acquisition of real estate companies or projects in China.

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