How to transfer a house in Changsha to parents: process, fees and precautions
Recently, real estate policy adjustments in many places across the country have triggered heated discussions, especially the issue of intra-family property transfers has become the focus of attention. This article will focus on the Changsha area and provide a detailed analysis of how to transfer property to parents, covering legal procedures, cost calculations and common questions, to help you complete the transfer procedures efficiently.
1. Three main ways to transfer Changsha real estate to parents
| way | Applicable situations | Core features |
|---|---|---|
| Gift transfer | Parents are not qualified to buy a house/children are in urgent need of reducing assets | Deed tax is 3%, and the recipient will need to pay 20% personal tax on future sales. |
| Transfer of ownership | Parents are qualified to buy a house and the property is more than 5 years old | You can trade at the lowest guide price, with the lowest tax of about 1% |
| inheritance transfer | Processed after the death of the property owner | There is no tax but notarization is required and the process is complicated. |
2. Comparison of the latest fees for real estate transfer in Changsha in 2023
| Expense items | Gift transfer | Sales and transfer (unique for more than 5 years) |
|---|---|---|
| Deed tax | 3% | 1% (below 90㎡) |
| personal income tax | Exemption (20% on future sales) | exempt from tax |
| value added tax | exempt from tax | Exemption (over 2 years) |
| Notary fees | Appraisal price 0.2% | None |
| registration fee | 80 yuan | 80 yuan |
3. Specific operation process (taking purchase, sale and transfer as an example)
1.Eligibility check: Verify parents’ house-purchasing qualifications through “Changsha Housing APP”
2.Sign a contract: It is necessary to use the model text of the "Changsha Existing House Sales and Purchase Contract" formulated by the Housing and Urban-Rural Development Bureau.
3.Fund supervision: Changsha stipulates that all second-hand housing transactions must be subject to capital supervision
4.pay taxes: Bring the materials to the Changsha Real Estate Registration Center for processing (you can make an appointment online in advance)
5.Transfer registration: Both parties will be present to complete the transfer of property rights and receive the new certificate within 3 working days.
4. Special precautions
1.Purchase restriction policy: Families registered in Changsha are limited to purchasing 2 properties in 2023. They need to confirm the number of properties under their parents’ names.
2.loan impact: If there is a loan on the property that needs to be settled first, some banks in Changsha allow "transfer with security" as a pilot
3.Time node: The entire process usually takes 15-30 days, of which the qualification review takes 5 working days.
4.Material preparation: It is necessary to prepare proof of kinship (household registration or notarization), certificate of original value of real estate, etc.
5. Professional advice
1. Give priority to sales and transfers: The current comprehensive cost of sales and transfers in Changsha is usually 30,000-50,000 yuan lower than that of gifts.
2. Pay attention to the policy window period: Changsha will implement "real estate registration + water and electricity" linked transfer services from August 2023
3. Tax planning: You can consult a professional agency to calculate the "minimum guide price" to reasonably reduce taxes and fees.
4. Legal risks: It is recommended to pre-review materials through the "Changsha Real Estate Registration" WeChat official account to avoid traveling back and forth.
According to data from the Changsha Real Estate Registration Center, the number of property transfers within households in the first half of 2023 increased by 17% year-on-year, of which 63% were transferred between parents and children. It is recommended to call 0731-84529160 for specific consultation before applying, or log on to the official website of "Changsha Natural Resources and Planning Bureau" to check the latest policies.
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