Legal analysis: The agreement is established but does not take effect. The real estate must be registered and transferred, and the movables must be delivered. Cars are fictitious real estate, so they must be transferred according to legal regulations. The agreement has no legal effect to the outside world. The agreement is established but does not take effect. The real estate must be registered and transferred, and the movables must be delivered. Cars are fictitious real estate, so they must be transferred according to legal regulations. The agreement has no legal effect to the outside world.
Legal basis: Article 174 of the Criminal Law of the People's Republic of China and the People's Republic of China. Establishing commercial banks, stock exchanges, futures exchanges, and securities companies without the approval of the relevant state authorities. , futures brokerage companies, insurance companies or other financial institutions shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or solely be fined not less than 20,000 yuan but not more than 200,000 yuan. In serious cases, they shall be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years. , and shall be fined not less than 50,000 yuan but not more than 500,000 yuan.
Whoever forges, alters or transfers the business license or approval document of a commercial bank, stock exchange, futures exchange, securities company, futures brokerage company, insurance company or other financial institution shall be subject to the provisions of the preceding paragraph. Specify penalties.