Reported 8 months ago
As the central bank tightens restrictions on the second house mortgage, limiting it to 60% in six major cities and Hsinchu County and City, questions arise regarding whether pre-sale houses can be transferred if lacking the remaining payment. According to the Ministry of the Interior's Land Administration Division, transferring ownership must meet one of six conditions, and it cannot be based on policy changes. Consumers are advised to be cautious to avoid penalties for defaulting on contracts.
Source: YAHOO