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Property Law and Real Estate

Washington International Law Journal

1999

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Chinese Real Estate Mortgage Law, Patrick A. Randolph Jr., Lou Jianbo Sep 1999

Chinese Real Estate Mortgage Law, Patrick A. Randolph Jr., Lou Jianbo

Washington International Law Journal

This Article reviews the developing Chinese law pertaining to real estate mortgage loans with a focus on the questions that an American practitioner might have about the Chinese system. It identifies those areas of difference between the American and Chinese systems that might raise concerns for an American practitioner. Attention is given to issues of concern both to parties functioning as lenders and to parties functioning as borrowers or investors in mortgaged property. Although Chinese lawmakers have made major steps in recent years to provide clarity and predictability in the laws pertaining to mortgages, some of these laws have minor …