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ContractVendee: Myself【Legal representative】 Name: Nationality: 【ID card】【 Passport】 【Business license registration number】【 】 Address: Zip code: Telephone: 【Entrusted agent】【 】Name: Nationality: Address: Zip code: Telephone: According to thePeoples Republic of China Law of contract, Peoples Republic of China City Real estate Control law and other relevant laws and regulations,The vendee and seller should be base on the equality, voluntarily, Consults unanimously foundation to reach the following agreements about buy and sell the commodity apartments 。Article 1 Project construction basisSeller get the land employment right of which is located in the East Sea gold coast, the serial number is by the way of selling.【contract number for granting of land-use right 】【document number for allowing and authorizing of land-use right】【document number for transferring and authorizing of land-use right】is .This land area is , the plan use is the housing, the land use age is limited from to .By approving of seller, construct the commercial residential houses in the above land parcel, 【present name】,【 temporary name 】 , the construction project plan licence number is , the builders permit licence number is . Article 2 Residential basis.The residential is 【completed apartment】【the selling apartment in advance】 .The approval authority of selling apartment in advance is ,pre-selling permit licence number is ,the total series of approved pre-selling is ,the area is ,In which including housing 100 sets, total area is ,Non-housing 100 sets, total area is ,the buyer has already Purchased the Set in advance during authorized scope, the area is .Back of deposit of presale fund specified account is ,Account number is .Article 3 fundamental state of vendees commercial residential building.vendees commercial residential building(hereinafter referred to as the commercial building, the house plan is specified in appendix 1 to the contract, room number is bases on the appendix 1 details )which stipulated in the first article of the contract is: 【tents】(building number )specific house number is , 【unit】 【layer】house number .Commercial buildings use which is approved by planning department is residential building, belongs to structure, layer height is .the total number of residencial plies are overall floorage are ,non- residencial plies area are .Total residential building area_ _ _,there are 18 floors on the ground with_ _,underground with_ _.The balcony of this apartment is sealed or not sealed.The total building area of this apartment is as stipulated on contract or property registration. The Usable Area is , with Public area to be shared ( refer to the attachment2 for Public area to be shared construction explanation )Article 4 Valuation Mode & priceSeller&buyer calculate the price of this apartment as stipulated in 1.4 mode1. According to the building area, the unit price of this apartment is ( RMB ) /, totally ( RMB ) 2. According to the Usable area, the unit price of this apartment is ( RMB ) /, totally ( RMB ) 3. According to the Usable area, the unit price of this apartment is ( RMB ) /, totally ( RMB ) 4. seller should subject to the related regulation of opinions on the strengthening of commercial residential building presale capital supervision, and issue the commercial residential building presale receipts notification from Yantai residential administration bureau. The buyer transfer the capital to the designated bank directly, the seller cannot get the presale capital directly.5. Article 5 Area confirmation& difference treatmentAccording to the valuation mode which interested parties choosed, this article stipulates the area confirmation&difference treatment according to building areausable area( hereinafter called area for short).This article does not apply to the interested parties which charge the apartment by set.The property registration area will be subject to the surveying and drawing report issued by qualified mapping unit designated by residential administration dept.For any differences in contracted area& registration area, the registration area will be taken as the standard.After the apartment is transferred to the buyer, for any differences in contracted area& registration area, which was not stipulated in the contract, both parties will agree to manage according to the following principle: charge as per actual area, Return the overcharge and demand payment of the shortage on the prepaid capital.1.if the absolute value difference is within 3%( include 3%), the charge will be according to actual amount.1.if the absolute value difference is exceeds 3%( include 3%), the buyer has rights to cancel the order.For the buyer who cancel the order, the seller must return the money to buyer within 30days after buyer make the order cancel application, and pay the interests rates according to %. This article is not applicable.For the buyer who will not cancel the order, if the registration areas is within 3%(including 3%) bigger than contracted area, the exceeded amount shoud be supplemented by the buyer; for the case which is more than 3%, the exceeded amount should be born by the seller, the property rights belongs to the buyer. If the registration areas is smaller than contracted area, the area ratio is within 3%(including 3%), the exceeded amount must be returned to the buyer; the amount which are more than 3% must be doubled and return to the buyer. This article is not applicable.Area tolerance ratio=( registration areas- contracted area)/ contracted areaX100%. This article is not applicable.The difference caused by the design modification, which both parties does not terminate the contract, buyer and seller should sign complementary agreement of contract.Article6 payment& deadlineThe buyer must make the payment according to the 2nd mode1. Full Payment2. installment payment3.othersArticle7 the Breach of contract responsibility for overdue paymentIf the buyer cannot effect the payment in the stipulated time, he or she will be treated in the 2nd mode:1) If the overdue date is within_ _days, from the 2nd due payment date to the actual payment date, the buyer should pay to the seller % default fine according to the overdue date, the contract will continue to be performed.2) If the overdue date is exceeds_days, the buyer has the rights to terminate the contract. If so, the buyer should pay to the seller % default fine according to the overdue date, the contract will continue to be performed, from the 2nd due payment date to the actual payment date, the buyer should pay to the seller % ( this ratio cannot less than the rates in 1)default fine according to the overdue date.The overdue payment in this article refers to the balance between 6th article due payment and acutal effected payment; for installment payment, it should be decided by the balance between due istallment and actual payment.2. Article8 handover deadlineAccording to the states and local government regulations, the seller should handover the commercial residential building, which possess the below 1 conditions, as stipulated by the contract, to the buyer before MAY,31,20111. this commercial residential building is inspected to be qualified.2. this commercial residential building is comprehensively inspected to be qualified.3. this commercial residential building is installment inspected to be qualified.4. this commercial residential building obtained the approval documents of commercial residential handover for usage.5. _-But in case of the following exceptional reasons, except for both parties agree the termination or alternation of contract, the seller can prolong the deadline as per actual fact.1. encountered with majeure, and seller informed the buyer within 30 days after the majeure occurs;2. the seller caused the project cannot be finished on time because of non-controllable reasons.3. If the delay is because of the above cases, this article is also applicable.Article9 responsibility of delay in handover apartmentExcept for the special cases stipulated in article8, if the seller cannot handover the apartment to buyer in the stipulated schedule in this contract, the buyer should be treated in the following 1st&2nd mode:1. According to the overdue time, the seller should be treated separately( not be accumulated)1) For overdue date less than 90 days, from the 2nd day of deadline stipulated in article8 to the payment day, the buyer should pay _% default fine of the already effected payment, this contract will be performed continuously.2) For overdue date more than 90 days, the buyer can terminate the contract. In this case, the seller should return all the payment within 30days after the date of termination, and pay _2_% default fine of the already effected payment. If the buyer request continuously perform the contract, this contract will be performed continuously. from the 2nd day of deadline stipulated in article8 to the payment day, the seller should pay the buyer 0.02% ( this ratio cannot be less than the rates in 1) )of the already effected payment2._Article10 agreement on the planning&designing variationThe planning&designing variation agreed by government or designing Organization, which affects the commercial residential quality and usage of buyer, the seller should send written notification to the buyer within 10 days after the approval upon the related orginazation:1) the construction, layout, space dimension, orientation;2) _3) _4) _5) _6) _7) _The buyer has the rights to reply in written words regarding whether to cancel the order with 15days after receiving the notice. If the buyer didnt cancel the order with 15days after receiving the notice, it will be regarded as acceptance to the variation. If the seller havent noticed the buyer within stipulated time, the buyer has rights to cancel the order.If the buyer cancel the order, the seller must return the effected payment within _ days after the request is made, and also pay the interests according to %. If the buyer dont cancel the order, he or she should sign supplementary agreement with the seller.Article11 handoverWhen the residential meet the usage condition, the seller should send written notification to the buyer to make handover procedure. During the handover, the seller must issue the proof documents stipulated in article8, and sign the residential handover sheet. For the residential which belongs to habitation, the seller also need to provide the habitation quality guarantee andhabitation usage instructions. If seller fails to issue the above documents or issue incomplete documents, the buyer has rights to refuse accepting the handover, delay caused by this case will be in the sellers account. For the delay handover caused by the buyer, both parties agreed to manage as below:_Article12 seller must ensure the residential sold without property rights& creditors right disputes. Unable to make property rights registration or occurance in disputes, the responsibility must be born by the seller. Buyer must ensure the installment payment documents with authenticity. The loss caused by faked documents from the buyer, the responsibility must be born by the buyer.Article13 sellers promise on breach of Decorative equipment standardsThe decorative equipment standards handovered by the seller should meet the standard agreed by both parties in article3. If not achieve the standard, the buyer has the rights to manage according to the following _mode.1 the seller compensate the decorative equipment in double balance.2._3_Article14 promise of seller on the normal usage of infrastructure, affiliated equipmentsThe seller promise the following infrastructure, affiliated equipments directly relates with the normal usage of this residential achieve the usage condition according to the below date:1. the initial assembling of telephone line, CCTV line,network line should be effected by the buyer.2. water,electricity,telephone line, network line should achieve the usage condition within 30day after the handover day,which will be charged as per government stipulated standard.3. gas fee must be born by the buyer4. warming should be provided by the related warming orginizations as regulated.Article15 agreements on the property rights registration The seller should submit the related documents requested for making property rights registration to the residential administration dept and make the procedure in 60 days after handover. The buyer should make the property rights registration procedure with the related documents in 90days after the handover. Unable to make the registration procedure in time caused by the seller will be treated by related dept; If the buyer cannot get the registration proprietary certificate in time caused by the seller, both parties will be treated in the following 1,2,3 as agreed:1. if the buyer cancel the order, the seller must return the payment within 30days after buyer raised the requirement., and compensate the buyer according to same as bank deposit interests2. if the buyer does not cancel the order, the seller should pay the default fine according to 0.1%3. the buyer should offer the seller written notification for property rights registration, and the buyer must submit all the tax and documents, otherwise, the seller will not stand any default fine responsibility.Article16 repair guarantee responsibilityFor the buyer who buy commercial residential, the residential quality guarantee will be affixed. The seller will stand the repair responsibility according to residential quality guarantee from the handover day.For the buyer who buy non-commercial residential, both parties should make contract as agreement which stipulates the repair scope, deadline, and responsibility.For the problems happened within the repair scope, deadline, the seller should perform the repair. For the majeure or damaged not caused by the seller, the seller will not stand the responsibility, but can assist for the repairing The repair fee will be charged by the buyerArticle17 both parties can stipulates the following:1. the usage of the residential roofing public area shared by all of the unit, which allow the seller to arrange the advertisement together2. the usage of the residential outside wall belongs to the seller3. the name of the building of this residential belongs to the seller4. the name of the community of this residential belongs to the sellerArticle18 the buyers house is just for residential, the buyer cannot change the main structure, partition structure and usage during the usage. Except for additional stipulated in the other attachment in contract, the buyer has the rights to share the public area and infrastructure with other people with rights, and bear the duty according to land area occupying and public shared area.The seller cannot change the performance of the public area and infrastructure.For the area which is not shared by the buyer and the seller self-used area, the seller enjoy all the transfer, rent, and mortgage, dividing, development,etc, which the buyer cannot object.Article19 the buyer should agree to obey the temporary Convention, and pay all the property management charge.Concrete matters which concerned in Estate management of the house in local district, details are specified in appendix Owners temporary convention。Article 20 Disputes in the Course of Contract Fulfillment, shall be settled through consultation among parties concerned , if fail to consultations, We will be sett
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