[Wuhan: From August 28, commercial housing projects with newly transferred land will give priority to the sale of existing houses] On October 1, the Wuhan Municipal Housing and Urban Renewal Bureau, Wuhan Municipal Natural Resources and Urban-Rural Development Bureau, and Wuhan Local Financial Administration Bureau issued implementation opinions on the implementation of the "Notice on Improving the Commercial Housing Sales System." It was mentioned that showing sales will be carried out steadily. Starting from August 28, 2026, for commercial housing projects with newly transferred land, priority will be given to existing houses for sale. After the real estate development company handles the first registration of real estate, it should formulate an existing house sales plan, report it to the municipal housing management department for filing, and organize sales according to the existing house sales plan. Standardize deposit sales of existing homes. For commercial housing projects that implement existing home sales, after the real estate development enterprise obtains the construction project construction license, it shall formulate a deposit sales plan and submit it to the municipal housing management department for filing. The Municipal Real Estate Trading Center shall simultaneously open a deposit supervision account at the project sponsoring bank. The deposit sales plan should specify the basic project information, sales price, deposit collection standards, rights and obligations, and liability for breach of contract, etc. When a real estate development enterprise conducts deposit sales for existing properties, it shall centrally publicize the "Business License", "Real Estate Development Enterprise Qualification Certificate", "Construction Land Planning Permit", "Construction Project Planning Permit", "Construction Project Construction Permit", "Deposit Sales Plan", "House Purchase Deposit Contract (Model Text)" and salesperson information through the sales site or the Internet platform. The "House Purchase Deposit Contract (Model Text)" is led by the municipal housing management department in formulating it.