Do I still need to continue paying the monthly mortgage for the unfinished building even after the loan has been suspended?
For unfinished buildings, directly suspending loans may lead to lawsuits and risks of being added to the credit blacklist. Instead, buyers should seek to rescind the sales and loan contracts through legal proceedings to stop payments in accordance with the law, and protect their rights in accordance with Article 563 of the Civil Code and the interpretations issued by the Supreme People's Court.
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