From surveying the advance-booking of our country"s commercial housing, analyzing the mortgage in Hong Kong"s law, researching the present situation and perspective of our country"s mortgage practice, studying specially the discrimination between mortgage and charge as well as pledge, the author deduces that guarantee object of advance-booking of commercial housing is the reversionary right, and the advance-booking of commercial housing should be classified into the cessionary guarantee system in expectation of benefit to the legislation of our country"s property right law.

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Trading Address : Road Town, Tortola British Virgin Islands Craigmur chambers Co.Register Number BVI International Business Companies are the off-shore companies with a great number of advantages, such as: 5 Requires a minimum of only one shareholder and one director; 4 The directors and shareholders can be entities or individuals resident in any country 9 The payment of minimum capital is not required, and the shares can be issued at par or non par value; 13 Neither the minutes book nor the shares book need to be certified by any authority of BVI; 12 Can transfer its domicile and continue existing as a company incorporated under the laws of a jurisdiction outside of BVI; a foreign company can also become a BVI IBC; Subject has the following purposes and objects: The principal object is to engage either in the Virgin Islands or abroad, in the purchase, sell, disposal, dealing, transfer, barter, ownership, negotiate, finance, administration to grant guaranties in favor of obligation of third parties with or without mortgage or pledge of the corporation assets, give or borrowing money in loan, giving or taking in commission, mortgage, security, lease, use, usufruct, or receivership, any kind of property, whether real or personal stock or rights, and make and accept all kinds of deals, contracts, operations, business and transactions of lawful commerce.

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