1、Special NotesTo better safeguard the Buyers and the Sellers legitimate rights and interests, the Buyer and the Seller are expected to read through the following contents carefully before concluding this contract. . 1. The text of this contract is automatically generated through the “Online Transacti
2、on System for Second-hand Real Estate in Shenzhen”. The contracting parties can, after mutual agreement, make modification or supplementation to items specified in the Contract, but such modification and supplementation must be in conformity with the relevant provisions stipulated in laws and rules.
3、 2. Prior to entering this contract, the Buyer and the Seller may request the other party to show his or her relevant certificates, such as ID card, Business License of Enterprise Legal Person, House Ownership Certificate, etc. They shall carefully read through the contents of this contract and then
4、 make confirmations about the items selected, supplemented, or modified. If you have any questions, please ask for professional advice from people familiar with laws and legislations. 3. The Buyer shall, prior to entering into this contract, make a complete and full site survey over the house proper
5、ty in respect of the environment, transportation, adjacent schools, opportunity to attend schools, and household conditions. The Seller is obligated to provide true information about the house propertys ownership, lease condition, household, etc. 4. For the purpose of assuring the safety of the capi
6、tal, it is recommended that the Buyer and the Seller shall have a third party supervise the funds by concluding a special agreement to clearly specify the capital supervision account and the other matters about payment of funds. 5. After this contract comes into effect, the unmodified and printed wo
7、rds as well as the valid writings and marks filled out in the blanks shall be deemed as contents agreed by both parties. In addition, the attachments and the supplementary agreements of this contract, once signed by both parties, shall have the same legal force as the text of this contract. 6. Where
8、 the Buyer needs to borrow a mortgage loan to pay the price of the house property, he or she shall first of all get to know exactly about the requirements for mortgage loan as well as the documents to be provided. 7. The transfer of ownership is not marked by the conclusion of this contract, but by
9、the registration of ownership transfer by house property right registration organ. As it takes time to transfer the ownership after concluding this contract, there may be special conditions like sealing up of house property, please pay attention to the possible risks in the transaction. Basic Inform
10、ation of Parties Hereto Seller: Name: XXX Nationality: Chinese ID Card No.: XXX Share of Ownership: 1/2 Transferred Share of Ownership: 1/2 Buyer: Share of Ownership Accepted: 100% According to the Contract Law of the Peoples Republic of China, the Law of the Peoples Republic of China on Administrat
11、ion of the Urban Real Estate, the Regulations of Shenzhen Special Economic Zone on Transaction of Real Property, and relevant laws and regulations, the Seller and the Buyer hereby enter into this contract on the transfer of a house property after amicable negotiation on the principles of equality, f
12、airness and voluntary participation. Article 1 Subject of Transaction The house property sold by the Seller (hereinafter referred to the house property) is located at XXX Hongli Road, Futian District, Shenzhen City. The house ownership certificate No. is XXX; the house property is used for the purpo
13、se of Residence. The registered construction area is: 84.12 square meters; the room building area is - square meters. The land use right relating to the house property features a term from October 17, 1984 to October 16, 2054. The house property is completed in July 1984. Currently the house propert
14、y management company is -; the property management fee is RMB-/square meter. Article 2 Current Status of House Property The house property is neither mortgaged nor sealed up; the Seller enjoys full right to dispose the house property. Article 3 Lease Condition of House Property The lease condition o
15、f the house property is as the following 1 condition:1. The house property is not leased to anybody. 2. The house property is leased to some one; please refer to the attachments for the lease contract (No. -). The monthly rental is RMB-/month; the lease term is - years from - to -. The Seller shall,
16、 before signing on this contract, obtain the lessees written acknowledgement of giving up the priority to buy the house property; otherwise it shall be deemed as violation of the contract. After consultation, the Seller and the Buyer decide to deal with the lease contract in the following - ways:a)
17、After the house property is transferred, the original lease contract is still valid for the Buyer before the expiry date. The Seller shall help the buyer to conclude a new lease contract with the lessee before - and in the meantime give the lease deposit and advance rental paid by the lessee to the
18、Buyer for keeping. The Buyer shall enjoy the original rights of Seller under the lease contract after -. b) The Seller shall rescind the original lease contract before delivering the house property to the Buyer; Buyer is not liable for any disputes arising from the original lease contract. Article 4
19、 Household Affiliated to House Property The Seller has promised to transfer out the household affiliated to the house property within 30 days after receiving the total payment for the house property. If they fail to do so within the time limit, they shall pay the Buyer liquidated damages at 0.03% of
20、 the total house transfer price on a daily basis. Article 5 Transfer Price of House Property The transfer price of the house property is RMB Thirty-six Thousand, Five Hundred and Forty-five Yuan only (in number: 36545); it does not include the taxes. Article 6 Earnest MoneyThe earnest money for the
21、transaction of the property is RMB Five Thousand Yuan only (in number: RMB 5000). The Seller agrees that it shall be paid in the following ways:Upon conclusion of this contract, the Buyer shall pay the Seller the earnest money of RMB Five Thousand Yuan only (RMB5,000). It is recommended that the Buy
22、er shall first give the earnest money to a mutually specified third party for supervision. The Buyers paying the earnest money to the third party for supervision shall be deemed as the Sellers receiving of the deposit. The earnest money will be latterly paid to Seller as part of the transfer price o
23、f the house property when the formalities for transfer of ownership are completed. Article 7 Deposit for Delivery of House Property In order to prevent risks in the transaction and meanwhile urge the Seller to deliver the house and settle relevant expenses as scheduled, the Buyer and the Seller both
24、 agree that RMB- of the transfer price shall be firstly retained as a deposit for delivery of the house (not exceeding 2% of the total price. The deposit shall be paid to the Seller after the real estate is actually delivered and the ownership is transferred. The deposit shall be kept as following f
25、irst item:1. kept by the intermediary party2. others: -Article 8 Payment Method Unless otherwise specifically agreed, all the Buyers payments (including deposit and payment for price of house) are recommended to be kept by the bank as a third party for supervision of capital. The Buyer shall pay the
26、 house price other than the earnest money and the deposit for the delivery of house in the following first ways, that is: RMB Thirty one Thousand, Five Hundred and Forty Five Yuan Only (RMB31545) to the Seller. 1. One-off payment The Buyer shall pay the above house price to the bank account mutually
27、 specified by both parties for supervision before XXX. 2. Payment with mortgage loan from bank (1) The Buyer shall, before -, pay the first installment of payment, RMB- other than the earnest money and the deposit for delivery of house to the bank account mutually specified by both parties hereto fo
28、r supervision by the bank as a third party. (2) The Buyer shall submit the documents relating to the application for mortgage loan to the Bank and then cooperate with the bank to handle the loan examination and approval formalities. The amount of the mortgage loan is subject to the banks letter of c
29、ommitment. (3) Where the loan issued by the bank is insufficient to pay the rest price of the house property, parties hereto agree to handle the case in the following - ways. a. The Buyer shall supplement the insufficient amount within 3 days after the bank issues the letter of commitment. b. The co
30、ntract shall be rescinded and the Seller shall refund the capital paid by the Buyer within 3 days. 3. Other payment method -Article 9 Buyers Liability for Breach of Contract due to Late Payment Where the Buyer fails to make the payment in time, the Seller shall have the right to ask the Buyer to undertake the liability for breach of contract in the following 1 way. (1) Asking the Buyer to pay a liquidated damage at 0.04% of the unpaid amount on a daily basis and the contract shall remain val
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