Chinese High School Graduate Sells House for Motorcycle: Unfair Transaction Exposed

2023-08-10 12:35:03

A male high school graduate who just turned 18 in China sold his house to buy a motorcycle. (Schematic diagram / flipped from pexels)

It’s outrageous! There is a male high school graduate who just turned 18 in China. He wanted to buy a motorcycle, but because he had no money and his parents didn’t agree, he secretly sold the house transferred to him by his grandfather to an intermediary at a low price. Later, the intermediary sold the house It was resold, but the family members were furious when they found out, and were so angry that they went to court.

According to Weibo “Great Reference”, Xiaohua (names in the article are all pseudonyms) wanted to buy a motorcycle, but he had no money and his parents were unwilling to help, so he transferred his grandfather to him worth more than 1 million yuan (about 440 yuan). NT$10,000), the house was sold to agent Xiao Wu for 520,000 RMB (approximately NT$2.29 million), and then Xiao Wu resold it to Xiaoyang.

When Xiaohua’s mother learned that the house was sold, she was not only angry, but also suspected that the other party had set up a scheme to defraud her son. After repeated negotiations failed, Xiao Wu and Xiao Yang were brought to court to investigate and question both parties. Look, the housing sales contract between them was signed by a person with full civil capacity, and the content is also a normal transaction, but from a deeper level, this is an unequal status.

Xiaohua sold a house worth more than 1 million yuan for 520,000 yuan. (Schematic diagram / flipped from pexels)

The court pointed out that Xiaohua is an ordinary high school student with very limited social experience. He lacks basic understanding and judgment on the value of houses, the procedures and risks of buying and selling houses, and everything is subject to Xiaowu’s arrangements. However, Xiao Wu is an experienced second-hand real estate agent. He knows that Xiao Hua is an ignorant high school student, but he takes advantage of the other party’s ignorance to induce him to sell the house to him at a price lower than half the market price, and resells it in a short period of time, earning a lot of money. price difference.

The court held that the transaction was unfair, and decided to revoke the housing sales contract between the two parties after the trial.

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