mortgage
...l estate. But combining the economic level and the legal surroundings, China has modified the system to some big degree. Most research aim to study the disputes in current theoretic circle, the legal issues in realistic operation and the design of system in law, particularly analyzing the essence of mortgage in commercial buildingĄ¯s advance booking,and consider the legal regulation regarding it. I think the key thing in law is to balance rights and liabilities of parties in mortgage. Because title of real estate does not exist in the stage of advance booking, owners can only transfer the benefits in contract of advance booking to banks to obtain the loan of mortgage, which is at the same time guaranteed by developers. After the buildings are completed, a charge of the real estate is established to protect the loans of banks. The liabili...