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| Procedure | Time to complete: | Cost to complete: | |
|---|---|---|---|
| 1 | Submit application of building title transfer for preliminary examination | 10 days | RMB 1,647.00 (Appraisal fee: 0.3% of trading price) |
| 2 | Obtain appraisal forms and tax/fee payment notices | 1 day | No cost |
| 3 | Declare taxes payable | 1 day | No cost |
| 4 | Pay taxes | 1 day | RMB 16,470.00 (Deed tax: 3% of trading price; stamp tax: 0.1% of trading price; business tax and surcharges: 5.5% of appreciation on property value) |
| 5 | Submit application documents for registration of building title transfer | 15 days | No cost |
| 6 | Pay registration fees | 1 day | RMB 6,823.00 (Building transaction processing fee: RMB10 ∕㎡; registration fee: RMB150 for building of less than 150㎡, RMB300 for buildings of 151—500㎡, RMB600 for buildings of 501-1000㎡; certificate copy fee: RMB15; archive fee (based on area under roof ) |
| 7 | Obtain new building title certificate | 1 day | No cost |
| 8 | Apply for registration of land title transfer | 45 days | RMB 2,876.48 (Land trading processing fee (based on the trading price or appraised price): 0.5% of trading price for trading price of less than RMB1 million, 0.3% of trading price for trading price of between RMB1-10 million, 0.15% of trading price for t |
| *9 | Pay land title registration fees | 3 days (simultaneous with procedure 8) | No cost |
| 10 | Obtain new land title certificate | 1 day | No cost |
| * Takes place simultaneously with another procedure. | |||