The Risks of Purchasing Superficies Right-Based Housing: The Perspective of Consumer Protection

Abstract

This paper investigates the risks of buying superficies right-based housing for consumers and takes the Zone T-9 development project in Taipei city as a case study. It explores the potential risks consumers face when purchasing such housing and the question of how they can safeguard their personal rights and interests. Interviews were conducted with scholars of related fields and industry specialists who have participated in this project. Based on the results of an analysis of the literature and the conducted interviews, the author found that consumers face five major risks in the future use of superficies right-based housing: the lease contract periods, formalized contract provisions in violation of integrity principles, inability to list lease rights as mortgage objectives, taxation-related issues, and existence/absence of priority principles with regard to ordinary creditor’s rights. Finally, this paper suggests that as consumers’ rights and interests are impaired, they can claim rights with regard to special trusts and execute the right of withdrawal after consumer lending and use arbitration law to protect their rights and interests. However, as consumers buy these kinds of commodities, they still should carefully assess the abovementioned risks.



Author Information
Jung-Tsun Liu, Chang Jung Christian University, Taiwan

Paper Information
Conference: ACP2015
Stream: Qualitative/Quantitative Research in any other area of Psychology

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