Pawning refers to the pawnbroker's behavior of mortgaging his movable property and property rights as pawnbrokers or mortgaging his real estate as pawnbrokers, paying a certain percentage of fees, obtaining the pawnbroker, and paying the pawnbroker's interest, repaying the pawnbroker and redeeming the pawnbroker within the agreed period.
The basic process of pawn can be simply summarized as three parts: handing in, receiving and keeping. The specific operation steps are as follows:
(1) The pawnbroker shall deliver valid certificates to the pawnbroker.
(2) Pawnshops accept pawns for evaluation.
(three) the two sides agreed to evaluate the price, the amount of pawn and the duration of pawn and confirm the legal interest rate standard.
(4) The collateral sealed by both parties shall be kept by the pawnshop.
(5) Pawnshops issue pawnbrokers to pawnbrokers and pawnbrokers to pawnbrokers. It should be noted that different pawn businesses need to provide certificates and go through different procedures:
(1) civilian products: original ID card, with invoice is the best, and the current price can be increased appropriately. Civil products include gold and silver ornaments, jewels and diamonds, electronic products, watches and clocks, cameras and so on.
(2) Real estate: ID card of the head of household, household registration book, house ownership certificate, land use certificate, etc. It is necessary to inspect the property on the spot.
(3) Stock: My ID card and Shenzhen-Shanghai shareholder account card are generally contract monitoring.
(4) Vehicle: my ID card and relevant automobile documents.
(5) Materials: my ID card and relevant property certificates.
The provisions of the pawn period:
(1) According to the relevant provisions of the Measures for the Administration of Pawnshops, the shortest time for pawning is 5 days, and the longest time for less than 5 days is 6 months.
(2) Within 5 days after the pawn expires, customers can choose to redeem or renew their insurance according to their own needs.
Business scope of pawnshop:
According to the provisions of Article 25 of the Measures for the Administration of Pawn, upon approval, a pawnshop may engage in the following businesses:
(1) chattel mortgage.
(2) Property pledge pawn business.
(3) Real estate mortgage (excluding real estate in other provinces, autonomous regions and municipalities directly under the Central Government or projects under construction without pre-sale permit for commercial housing).
(4) sales of goods within the limit.
(5) Identification, evaluation and consulting services.
(six) other pawn business approved by the Ministry of Commerce according to law.