Real Estate Jan 14, 2022 12:18 PM (GMT+8) · EqualOcean
Financial Associated Press, January 14 - the Supreme People's court held a press conference on January 14 and issued the guiding opinions on giving full play to the role of judicial functions to help the development of small, medium and micro enterprises. The guidance proposes to support and guarantee relevant departments to prevent and deal with the risk of overdue delivery of real estate projects, ensure that the wages of migrant workers are paid in place, and ensure the legitimate rights and interests of commercial housing buyers. The guiding opinions stipulates that the people's court shall not take deduction measures for the funds in the supervision account of commercial housing pre-sale funds, and shall not affect the use of the funds in the account in accordance with laws and regulations; The funds in the special wage account and wage deposit account of migrant workers shall not be frozen or allocated.

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