Commercial real estate mortgage ownership changes

Change of registration of real property, that is, to register as the condition for the change of real right. Real estate outside of accord between the parties, movements, and registration of property rights will not be against a third party. According to China's regulation on urban housing management authority in the registration under article fourth and fifth article, sale of housing ownership after registration shall be registered with the Housing Authority, we have the transfer of ownership of, if not registered, even if it has been delivered, nor transfer effects.