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Announcement of the Standing Committee of Shanghai Municipal People's Congress No 77

The “Regulations of Shanghai Municipality on Registration of Real Estate” have been adopted at the 44th Session of the Standing Committee of the 11th Shanghai Municipal People’s Congress on October 31, 2002, and are hereby promulgated. They shall become effective on May 1, 2003.

 

      The Standing Committee of Shanghai Municipal People’s Congress

                                              October 31, 2002

Regulations of Shanghai Municipality on Registration of Real Estate

(Adopted at the 44th Session of the Standing Committee of the 11th Shanghai Municipal People’s Congress on October 31, 2002)

Chapter I General Provisions

Article 1

These Regulations are formulated for the purposes of normalizing the act of real estate registration, safeguarding the security of real estate transaction, and protecting the legitimate rights and interests of the real estate right owners, in accordance with the“Law of the Peoples’Republic of China on Land Administration”and the“Law of the People’s Republic of China on Administration of Urban Real Estate”and other relevant laws and administrative regulations and in the light of the actual circumstances of this Municipality.

Article 2

These Regulations shall apply to the real estate registration within the administrative areas of this Municipality.

Article 3

The real estate registration mentioned in these Regulations refers to the act of a real estate registration agency, based on the client’s application or the agency’s authority, recording and making public the land-use right, ownership of a house, right over real estate of another, and other real estate rights subject to registration according to law, and matters related to such things.

The real estate right owner(s) mentioned in these Regulations refer(s) to the natural person(s), legal person(s) and other organization(s) that enjoy, according to law, land-use rights, ownership of house, rights over real estate of another and other real estate rights.

Article 4

The Shanghai Municipal Housing and Land Resources Administration (hereinafter referred to as MHLRA) is the competent real estate administrative department of this Municipality, responsible for the administration work of real estate registration.

The Shanghai Municipal Real Estate Registration Section (hereinafter referred to as the Municipal Registry) affiliated with the MHLRA shall be in charge of the routine work of this Municipality’s real estate registration. The district/county real estate registry, entrusted by the Municipal Registry, shall handle specific matters of real estate registration.

The district/county administrative department of real estate shall assist the MHLPA in exercising supervision and administration of the district/county real estate registration work.

Article 5

The MHLRA shall establish the whole Municipality’s uniform real estate register and registration information system, produce the uniform real estate title deed and registration certification and set the technical norms for real estate registration.

The real estate registration agency shall, according to the requirements of technical norms for real estate registration and of the registration information system, keep record of and make public the real estate registers.

Real estate registrars shall pass the uniform examination before getting on post by holding a certificate.

Chapter II General Rules

Article 6

Where real estate registration is to be made due to one of the following cases, both of the parties concerned shall make a joint application:

(1) Purchase and sale;

(2) Exchange;

(3) Bestowal;

(4) Mortgage;

(5) Pledge; and

(6) Other cases provided by laws and regulations.

Article 7

Where real estate registration is made due to one of the following cases, the real estate right owner shall make an application:

(1) The land-use right is acquired in the form of allocation, granting, or leasing;

(2) The collectively-owned, non-agricultural-construction-use land use right is acquired through approval;

(3) Newly-built buildings;

(4) Inheritance or bequeathal;

(5) A decision of an administrative organ on handling a dispute about land-use rights has become legally effective;

(6) A judgement, ruling or mediation made by the people’s court has become legally effective;

(7) An award or mediation made by the arbitration institution has become legally effective;

(8) The cases listed in Article 32 of these Regulations: and

(9) Other cases as may be provided by laws and regulations.

Article 8

Where a real estate jointly owned by two or more than two persons is to be registered, the co-owners shall make a joint application.

Article 9

Where a client entrusts an agent to apply for real estate registration, the agent shall present the client’s power of attorney.

Article 10

Any person who applies for real estate registration shall submit the stipulated registration application documents. Where an applicant submits a complete set of registration application documents, the real estate registration agency shall issue a receipt forthwith for the received documents and the applying date is regarded as the accepting and handling date. Where an applicant submits registration application documents that are incomplete, the real estate registration agency shall notify in writing the applicant of the requirement for make-up, and the date of making the documents up to complete is regarded as the accepting and handling date.

Article 11

The real estate registration agency shall complete the verification of the registration application within the prescribed time period. Where the application complies with the provision, the real estate registration agency shall record relevant matters in the real estate register, and the accepting and handling date of registration application is regarded as the date of registration.

Article 12

The applicant may withdraw the registration application before the real estate registration agency makes public the content of real estate registration.

Article 13

The rights of real estate registered according to law shall be protected by law.

The unregistered real estate shall not be transferred.

Where more than two rights over real estate of another or other real estate rights subject to registration according to law are created on one same real estate, the sequential position shall be determined in sequence of the registration dates recorded in the real estate register. Where otherwise provided by laws and administrative regulations, such provisions shall prevail.

Article 14

Where land-use rights have not gone through initial registration, other real estate rights within the scope of the land shall not be registered.

Where the ownership of a house has not gone through initial registration, other real estate rights related to the house shall not be registered, but the case of application for advance-announcement registration according to the provisions of these Regulations is an exception.

Where there is any one of the following cases, the real estate registration agency shall make a decision of denial of registration.

(1) Dispute about real estate ownership has not been settled yet;

(2) Inability to present valid certification of real estate ownership;

(3) Illegal occupation of land;

(4) Being illegal or temporary buildings; and

(5) Cases in which registration is denied by provisions of laws and administrative regulations or in which other registration conditions defined in these Regulations are not fulfilled

Article 15

Where there is any one of the following cases, relevant State organs may go through registration with the real estate registration agency by documents that have become effective legally.

(1) The people’s court or an administrative organ exercises, according to law, restrictive measures such as property preservation on land-use rights and ownership of a house;

(2) An administrative organ has made decisions on requisition of collectively-owned land and on approval of construction-use land, permission for house demolition and relocation, and commodity house sale in advance, and other decisions related to real estate rights.

Article 16

For house lease contracts and other documents related to real estate rights, the client may go through registration and file with the real estate registration agency for the record.

Article 17

The real estate registration agency shall record and permanently keep in the real estate register the registration application documents provided by the client or documents of the administrative organ, people’s court or arbitration institution that have become legally effective.

The real estate register shall keep the record of the location of real estate, the name of real estate right owner, the area of the house and land, the form of acquisition, duration and use purpose of land-use rights, the rights over real estate of another and the restriction of real estate rights.

The real estate title deed and registration certification shall be consistent with the record in the real estate register. Where the real estate title deed and registration certification are inconsistent with the record in the real estate register, the latter shall prevail.

Article 18

The real estate right owner, upon discovery of any error in the record of real estate register, may apply for correction. Where the items to be corrected involve the real estate right of a third party, the right-owners concerned shall make a joint application.

The real estate registration agency, upon discovery of any error in the record of real estate register, shall notify in writing the real estate right owner of going through the correction formalities within the prescribed time period. Where the client fails to go through correction formalities before the deadline without any proper reason, the real estate registration agency may correct the record in the real estate register based on registration application documents or valid legal documents and notify the client in writing thereof.

Article 19

The interested parties of real estate rights, who believe that the land-use right owner and owner of the house recorded in the real estate register are inconsistent with actual situations, may raise an objection to the registration by presentation of documents related to the real estate rights. The real estate registration agency shall, on the same day of accepting the registration objection application, record the objection items in the real estate register to warn the third party, and the registration of the objection items shall cease to be effective after three months.

Article 20

The real estate title deed of land-use right and ownership of a house shall be issued by the MHLRA. The registration certification of rights over real estate of another and other real estate rights subject to registration according to law shall be issued by the Municipal Registry.

The real estate title deed and registration certification are evidence of real estate registration, and shall not be altered.

Where the real estate title deed or registration certification is damaged, the real estate right owner may apply for change to the real estate registration agency. The real estate registration agency shall examine and recall the original real estate title deed and registration certification before changing the real estate title deed and the registration certification.

Where the real estate title deed or registration certification is lost, the real estate right owner may apply for re-issuance to the real estate registration agency. The re-issued real estate title deed or registration certification shall have the word of“re-issued”marked in the real estate title deed or registration certification, and the original real estate title deed or registration certification shall become invalid as of the date of re-issuance.

Article 21

The real estate register may be consulted openly, copied and duplicated. The registration application documents may be available for related clients to consult, copy and duplicate. The specific procedures shall be stipulated by the Municipal People’s Government.

Chapter III Registration of Land-use Rights and Ownership of a House

Section 1 Initial Registration

Article 22 Where the land-use right is acquired in the form of granting or lease, the real estate right owner shall apply for initial registration of land-use right and submit the following documents:

(1) Application form;

(2) Identification paper;

(3) Granting contract of land-use right, or land lease contract;

(4) Cadastral map; and

(5) Report of land survey.

Where the land-use right is acquired in the form of granting, the real estate right owner, when applying for initial registration of land-use right, shall submit the certification of paid-off granting fees of land-use right in addition to documents set forth in the preceding clause.

Where the renewal is approved after expiration of the granted or leased land-use right term, the real estate right owner shall have a new the initial registration of land-use right.

Article 23

Where the land-use right is acquired in the form of allocation or the collectively-owned, non-agricultural-construction-use land use right is acquired according to law, the real estate right owner shall apply for the initial registration of land-use right and submit the following documents:

(1) Application form;

(2) Identification paper;

(3) Approval document of construction-use land;

(4) Cadastral map; and

(5) Report of land survey.

Article 24

The application for initial registration of land-use right in compliance with the following requirements shall be approved:

(1) The applicant is the user of the land recorded in the land-use right granting contract, the land lease contract or the approval document of construction-use land;

(2) The land-use range, location, area and use purpose in the application for registration is consistent with the record in the land-use right granting contract, land lease contract or the approval document of construction-use land, cadastral map and land survey report;

(3) The registration application items do not conflict with the record in the real estate register; and

(4) The case not falling under Article 14 Clause 3 of these Regulations.

Article 25

After the newly-built house passes the acceptance test upon completion, the real estate right owner shall apply for registration of ownership of the house title and submit the following documents:

(1) Application form;

(2) Identification paper;

(3) The real estate title deed that records the state of land-use right;

(4) License of construction project planning;

(5) Certification of acceptance test upon completion;

(6) Cadastral map that records the state of the house;

(7) Housing survey report; and

(8) Other relevant documents as may be required by the technical norms for registration.

Article 26

The application for initial registration of ownership of a house in compliance with the following requirements shall be approved:

(1) The applicant is the owner of the land-use right recorded in the real estate register;

(2) The location, use purpose, block number, story number and building area of the house in the application for registration comply with those specified in the license of construction project planning and accord with the cadastral map and the house survey report that record the state of the house;

(3) The registration application items do not conflict with the record in the real estate register; and

(4) The case not falling under Article 14 Clause 3 of these Registrations.

Article 27

The real estate registration agency shall, within 20 days from the date of accepting the initial registration application, complete the verification. Where the set requirements are met, the real estate registration agency shall record the initial registration items in the real estate register, and notify the real estate right owner to take out the real estate title deed. Where the set requirements are not met, the real estate registration agency shall reject the registration, and notify the applicant in writing thereof.

Section 2 Transfer Registration

Article 28

Where the registered real estate has any one of the following cases, the client shall apply for the transfer registration after relevant legal documents have become effective, or the fact has occurred:

(1) Purchase or sale;

(2) Exchange;

(3) Bestowal;

(4) Inheritance, bequeathal; and

(5) Other cases as may be provided by laws and regulations.

Article 29

To apply for real estate transfer registration, the following documents shall be submitted:

(1) Application form;

(2) Identification paper;

(3) Real estate title deed;

(4) Documents certifying the transfer of real estate ownership; and

(5) Other relevant documents as may be required by the technical norms for registration.

Article 30

The application for registration of real estate transfer that meets the following requirements shall be approved:

(1) The transferor is the owner recorded in the real estate register and the transferee is the one specified in relevant supporting documents;

(2) The real estate in the application for registration is in the range of record in the real estate register; and

(3) The registration application items do not conflict with the record in the real estate register.

Article 31

The real estate registration agency shall complete the verification within 20 days from the date of accepting the application for registration of real estate transfer, and where the application meets the set requirements, the said agency shall record the transfer items in the real estate register and notify the real estate right owner to take out the real estate title deed; and where the application does not meet the set requirements, the said agency shall reject the registration and notify the applicant in writing thereof.

Section 3 Alteration Registration

Article 32

Where the registered real estate has any one of the following cases, the real estate right owner shall apply for alteration registration after the fact has occurred:

(1) The use purpose of real estate has changed;

(2) The name of real estate right owner has changed;

(3) The area of the land or the house has increased or decreased;

(4) The real estate is split-off or merged; and

(5) Other cases as may be provided by laws and regulations.

Article 33

To apply for alteration registration of real estate, the following documents shall be submitted:

(1) Application form;

(2) Identification paper;

(3) Real estate title deed;

(4) Documents certifying the fact of alteration; and

(5) Other relevant documents as may be required by the technical norms for registration.

Article 34

The application for alteration registration of real estate that meets the following requirements shall be approved:

(1) The applicant is the owner recorded in the real estate register;

(2) The real estate in the application for alteration registration is in the range of record in the real estate register;

(3) The content in the application for alteration registration is consistent with the fact of alteration certified by relevant documents; and

(4) The items in application for alteration registration do not conflict with the record in the real estate register.

Article 35

The real estate registration agency shall complete the verification within 20 days from the date of accepting the application for alteration registration, and where the application meets the set requirements, the said agency shall record the alteration items in the real estate register and notify the real estate right owner to take out the real estate title deed; and where the application does not meet the set requirements, the said agency shall reject the registration, and notify the applicant in writing thereof.

Section 4 Cancellation Registration

Article 36

Where a house is lost due to collapse or demolition, the real estate right owner shall, after the fact of loss has occurred, apply for real estate cancellation registration, and submit the following documents:

(1) Application form;

(2) Identification paper;

(3) Real estate title deed; and

(4) Certification of loss of house.

Article 37

Where the land-use right acquired in the form of granting or lease terminates according to law, the original owner of land-use right shall apply for canceling the real estate registration and submit the following documents:

(1) Application form;

(2) Identification paper;

(3) Real estate title deed; and

(4) Documents certifying the legal termination of land-use right.

Article 38

Where land-use right or ownership of a house terminates due to abandonment, the real estate right owner shall apply for canceling the real estate registration and submit the following documents:

(1) Application form;

(2) Identification paper; and

(3) Real estate title deed.

Article 39

The application for canceling real estate registration that meets the following requirements shall be approved:

(1) The applicant is the owner of real estate right recorded in the real estate register;

(2) The real estate in application for cancellation registration is in the range of record in the real estate register; and

(3) The items in the application for cancellation registration do not conflict with the record in the real estate register.

Article 40

The real estate registration agency shall complete the verification within 20 days from the date of accepting the application for cancellation registration, and where the application meets the set requirements, the said agency shall record the cancellation items in the real estate register and notify the real estate right owner that the original real estate title deed shall become invalid; and where the application does not meet the set requirements, the said agency shall reject the cancellation registration and notify the applicant in writing thereof.

Article 41

Where the client fails to apply for cancellation registration after the house has been lost or land-use right has legally terminated, the real estate registration agency may record the cancellation matters in the real estate register based on the supporting documents provided by relevant departments, and the original real estate title deed shall become invalid.

Article 42

Where the land-use right and ownership of a house terminate due to the acts of requisition, recall and confiscation according to law by the administrative organ or the people’s court, the relevant administrative organ and people’s court shall go through the real estate cancellation registration by the documents that have become legally effective. The real estate registration agency shall record the cancellation matters in the real estate register, and the original real estate title deed shall become invalid.

Chapter IV Registration of Right over Real Estate of Another

Article 43

Where there is one of the following cases, the client shall apply for the registration of creating of rights over real estate of another:

(1) Mortgage;

(2) Pledge; and

(3) Other rights created over real estate of another according to laws and administrative regulations.

Article 44

To apply for registration of creation of mortgage on real estate, the following documents shall be submitted:

(1) Application form;

(2) Identification paper;

(3) Real estate title deed;

(4) Principal obligation contract secured by mortgage; and

(5) Contract of mortgage.

Article 45

To apply for registration of creation of pledge right on real estate, the following documents shall be submitted:

(1) Application form;

(2) Identification paper;

(3) Real estate title deed; and

(4) Contract of pledge.

Article 46

Where the registered right over real estate of another are transferred, altered or legally terminated, the client shall apply for transfer registration, alteration registration or cancellation registration, and submit the following documents:

(1) Application form;

(2) Identification paper;

(3) Registration certification of the right over real estate of another; and

(4) Document certifying the transfer, alteration or termination of the rights over real estate of another.

Article 47

The application for registration of rights over real estate of another that meets the following requirements shall be approved:

(1) Applicants are the clients who create the rights over real estate of another and one of the clients is the owner of the real estate right recorded in the real estate register;

(2) The real estate in the application for registration is in the range of record of the real estate register; and

(3) The items in the application for registration do not conflict with the record in the real estate register.

Article 48

The real estate registration agency shall complete the verification within 7 days from the date of accepting the application for registration of the rights over real estate of another, and where the application meets the set requirements, the said agency shall record the relevant items in the real estate register, and notify the right owner of the right over real estate of another and the right owner of transfer or alteration registration to take out the registration certification, or notify in writing the applicant for cancellation registration of the right over real estate of another that the original registration certification shall become invalid. Where the application does not meet the set requirements, the said agency shall reject the registration and notify the applicant in writing thereof.

Chapter V Advance-announcement Registration

Article 49

Where a house is under construction, the party that has one of the following cases may apply for advance-announcement registration:

(1) Advance-purchased commodity house and the transfer thereof;

(2) Creation of mortgage on advance-purchased commodity house and the transfer of such mortgage;

(3) Creation of mortgage on house construction project and the transfer of such mortgage; and

(4) Other cases as may be provided by laws and regulations.

Where both parties concerned are required to make a joint application, but one party fails to lodge an application, the other party may apply unilaterally for advance-announcement registration.

Upon advance-announcement registration, the parties concerned shall obtain priority right of claim for land-use right, ownership of house or right over real estate of another.

Where in respect of the advance-announcement registration with the cases set forth in Clause 1 of this Article, the client has not applied for registration of land-use right, ownership of house or right over real estate of another up to full two years since the initial registration date of ownership of a house, the advance-announcement registration shall expire. Where in respect of the advance-announcement registration with the cases set forth in Clause 2 of this Article, the party has not applied for registration of land-use right, ownership of house or right over real estate of another up to full two years since the registration date, the advance-announcement registration shall expire.

Article 50

To apply for advance-announcement registration of advance-purchased commodity house, the following documents shall be submitted:

(1) Application form;

(2) Identification paper;

(3) Advance-sale contract of commodity house.

Where an advance-purchased commodity house is transferred, the transfer contract shall be submitted in addition to the documents set forth in the preceding clause upon application for advance-announcement registration.

Article 51

The advance-purchased commodity house without advance-announcement registration shall not be allowed to handle the advance-announcement registration of the transfer of advance-purchased commodity house.

The advance-purchased commodity house with advance-announcement registration shall not repeat the advance-announcement registration.

Article 52

To apply for advance-announcement registration of the mortgage of advance-purchased commodity house, the following documents shall be submitted:

(1) Application form;

(2) Identification paper;

(3) Advance-sale contract of commodity house;

(4) Contract of principal obligation secured by mortgage; and

(5) Contract of mortgage.

Where the mortgage of advance-purchased commodity house is transferred, the transfer contract shall be submitted in addition to the documents set forth in the preceding clause upon application for advance-announcement registration.

Article 53

The advance-purchased commodity house without advance-announcement registration shall not be allowed to handle the advance-announcement registration of the mortgage of the advance-purchased commodity house.

Article 54

To apply for advance-announcement registration of the mortgage of house construction project, the following documents shall be submitted:

(1) Application form;

(2) Identification paper;

(3) Real estate title deed recording the state of land-use right;

(4) License of construction project planning;

(5) Contract for general services of house construction project or contract for general construction work;

(6) Contract of principal obligation secured by mortgage; and

(7) Contract of mortgage.

Where the mortgage of house construction project is transferred, the transfer contract shall be submitted in addition to the documents set forth in the preceding clause upon application for advance-announcement registration.

Article 55

In respect of unilateral application for advance-announcement registration, the following documents shall be submitted:

(1) Application form;

(2) Identification paper; and

(3) Documents certifying the legal relationship of real estate right shift have formed.

Article 56

Where real estate rights with advance-announcement registration legally terminate, the party concerned shall apply for advance-announcement cancellation registration and submit the following documents:

(1) Application form;

(2) Identification paper; and

(3) Documents certifying the termination of real estate right with advance-announcement registration.

Article 57

The application for advance-announcement registration and cancellation registration thereof that meets the following requirements shall be approved:

(1) The real estate in the application for registration is in the range of record of the real estate register;

(2) The items in the application for registration do not conflict with the record in the real estate register; and

(3) The applicant complies with the provisions in Clause 2 of this Article.

The applicant for advance-announcement registration and cancellation registration thereof shall comply with the following provisions:

(1) To apply for advance-announcement registration of advance-purchased commodity house, one of the applicants shall be the real estate developing enterprise specified in the commodity house advance-sale license, and the other of the applicants shall be the advance-purchaser specified in the commodity house advance-sale contract;

(2) To apply for transfer registration of advance-purchased commodity house, one of the applicants shall be the advance-purchaser of commodity house recorded in the real estate register, and the other of the applicants shall be the transferee specified in the transfer contract of advance-purchased commodity house;

(3) To apply for advance-announcement registration of the mortgage of advance-purchased commodity house, the applicants shall be the parties who have created the mortgage of advance-purchased commodity house, and the mortgagor is the advance-purchaser of commodity house recorded in the real estate register;

(4) To apply for advance-announcement registration of the mortgage of house construction project, the applicants shall be the parties who have created the mortgage of house construction project, and the mortgagor is the owner of land-use right recorded in the real estate register;

(5) To apply for advance-announcement cancellation registration, the applicant shall be the party of the original advance-announcement registration; and

(6) In respect of unilateral application for advance-announcement registration, the applicant shall be one of the parties recorded in legal documents of real estate right shift.

Article 58

The real estate registration agency shall complete the verification within 7 days from the date of accepting the application for advance-announcement registration and cancellation registration thereof, and where the application meets the set requirements, the said agency shall record the relevant items in the real estate register, and notify the client in writing thereof. Where the application does not meet with the set requirements, the said agency shall reject the registration and notify the applicant in writing thereof.

Article 59

After the initial registration of the ownership of newly-built commodity house, the advance-purchaser of commodity house shall apply for the real estate transfer registration. Where the advance-purchased commodity house is mortgaged, the advance-announcement registration of the mortgage of advance-purchased commodity house shall be changed to the registration of real estate mortgage after the real estate transfer registration is made.

Article 60

After the initial registration of the ownership of newly-built commodity house, the advance-announcement registration of the mortgage of house construction project shall be changed to the registration of real estate mortgage.

When the advance-announcement registration of the mortgage of house construction project is changed to the registration of real estate mortgage, the security range shall not cover the advance-purchased commodity house that has already gone through the advance-announcement registration.

Chapter VI Legal Liability

Article 61

Where the real estate registration agency and its staff violate the provisions of these Regulations causing errors in the real estate registration and bringing about loss to real estate right owners, the MHLRA or the Municipal Registry shall bear corresponding legal liabilities.

Article 62

An applicant for real estate registration who submits incorrect or false registration application materials or raises improper objection to registration application, causing loss to the real estate right owner, shall bear corresponding legal liabilities.

Article 63

Where a client forges the real estate title deed, the MHLRA shall confiscate the forged real estate title deed according to law, and refer the client to the judicial organ for handling.

Article 64

The chief officials directly responsible and other persons-direct-in -charge of the MHLRA and the municipal and district/county real estate registries who neglect their duties, abuse their powers and engage in malpractice for selfish ends shall be given disciplinary sanctions by their work units or the higher competent authorities. If the wrongful act constitutes a crime, the wrongdoer shall be prosecuted for criminal liability.

Article 65

The party who is dissatisfied with the specific administrative act done by the MHLRA or the Municipal Registry may, according to the“Law of the People’s Republic of China on Administrative Reconsideration”or the“Administrative Litigation Law of the People’s Republic of China”, apply for administrative reconsideration or bring an administrative lawsuit.

Chapter VII Supplementary Provisions

Article 66

As for the land-use rights and ownership of house that should have been but have not been registered in this Municipality’s general registration of real estates, the party concerned may apply for registration with the real estate registration agency with the certification of the source of real estate ownership.

The real estate registration agency shall, after accepting a registration application, check with relevant departments and put an announcement of relevant matters in this Municipality’s major newspapers or other media. Where there is no objection raised six moths after the announcement, the client’s registration application shall be approved.

Article 67

The real estate ownership certificate and registration certification issued according to law before the implementation of these Regulations shall continue to be valid.

Article 68

These Regulations shall become effective on May 1, 2003.