1. Applicable Codes: GuangZhou Municipal Provisions on Urban Real Estate Registration, and Guangzhou Municipal Administrative Regulations on the Registration of Property Mortgages.
2. Applicability: Property owners with registered mortgages or registration of pre-declared mortgage rights who have transferred their primary creditor’s rights, thereby resulting in a transfer of their mortgage rights, shall apply for registration of transfer of mortgage rights.
3. Documents Required:
| No. | Name of Document | Name of Document | Number of Copies | Original or Photocopy | Conditions | Remarks |
| 1 | Application Letter | Guangzhou Municipal Application for Registration of Other Property Rights | 1 | Original | ||
| 2 | ID Paper | Entity and Individual ID Paper | 1 | Photocopy | To be submitted by the transferor and transferee of the primary creditor’s rights | |
| 3 | Property Ownership Certificate | Property Ownership Certificate and Property Co-ownership Certificate | 1 | Original | ||
| 4 | Certificate of the declaration of property mortgage rights | 1 | Original | Applicable to changes in mortgage rights on works in progress | ||
| 5 | Documents certifying the transfer of mortgage rights | Certificate showing the transfer of mortgage rights | 1 | Original | ||
| 6 | Other Documents | Certificate showing the mortgage rights guarantee of the maximum amount has not been finalized | 1 | Original | Applicable to transfer of mortgage rights of the maximum amount | |
| 7 | Other necessary documents | 1 | Original |
4. Handling Agency: Department of Mortgage Registration, Guangzhou Municipal Real Estate Transaction Registration Centre.
5. Date of Completion: Within 15 workdays of case acceptance at the counter and issuance of the Real Estate Transaction Registration Processing Confirmation.
6. Authority of Review & Approval: Level 2 Review & Approval — first review (six workdays) — second review (three workdays) — documents received & distributed (one workday) — certificate prepared & verified (two workdays) — certificate issued (one workday) — filing
8. Fees Payable:
| Fee | Amount | Fee Basis |
| Stamp Duty on Ownership Certificate | RMB 5 per copy | The rate shall be in accordance with the relevant provisions in documents issued by finance and tax authorities. |
| Housing Registration Fee | Residential: RMB 80 per case for entities; RMB 50 per case for individuals. Non-residential: RMB 550 per case (50% concession for “Affordable Housing”) RMB 10 for each additional certificate. | Suijia [2008] No. 174 Yuejia [2008] No. 169 Fagai Jiage [2008] No. 924 Yuejia [2002] No. 116 Suijia [2003]No. 104 Suijia Circular [2003] No. 387 |
9. Notes: Unless otherwise agreed, transfer of partial creditor’s rights with the mortgage rights of the maximum amount is prohibited before they are finalized.