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1、Three-party Property Sales & Purchase Agreement Agreement No.: S-34-700000 Three-party Property Sales & Purchase AgreementParty A (Seller):Party B (Buyer):I. Sales & purchase of the propertyParty A agrees to sell the property to Party B. The property is qualified for sale in the market i
2、n accordance with the regulation of Beijing Municipal Construction Committee. Together with the sales of the property, the allocated land area for the property and the usable term of the land is transferred to Party B jointly. The property is described as:1. Serial no. of the title certificate of th
3、e property is:_;2. Construction area: _m2; usable floor space: _m2(optional);3. Together with the title of the property, facilities and interior decorations to be transferred are as described in Appendix (1);4. Party A shall guarantee that it has completely disclosed the facts about the property, in
4、cluding but not limited to the title, decoration and relevant information; Party B has fully understood the facts and agrees to buy the property voluntarily.II. Sales price and terms of payment1. Sales PriceParty A and Party B agree that the sales price of the property be(CAD _);The price includes:
5、price of the property, public maintenance fund, permanent interior decoration, air-conditioners and others2. Terms of PaymentParty B shall make the payment in accordance with as follow:A. CashUpon signing of this Agreement, Party B shall pay 10% of the price ( _) as the deposit. This payment shall b
6、e made in accordance with _as follow:a. Paid to Party A in full and Party A shall issue an invoice;b. Deposited temporarily This deposit will be released only when the title transfer from Party A to Party B is completed and the property handover has been concluded, and the deposit will be released t
7、ogether with the remaining payment to Party A. To do this, Party A and Party B need Party A and Party B hereby agree that, for the afore-said method (b), once the escrow fund is deposited in the escrow account it is deemed that Party B has performed its payment obligation of deposit and the sales pr
8、ice.B. Mortgagea. Upon signing of this Agreement, Party B shall pay of the price as the deposit, which will be part of the down payment.b. Within days after signing of this Agreement, Party B shall make up the rest part of the down payment (the down payment shall be no less thanof the price in accor
9、dance with mortgage banks requirement). Through the negotiation, Party B agrees to make the afore-said payment in way as follow:a. Paid in full amount to Party A and Party A shall issue an invoice;b. Deposited temporarily into the escrow account This deposit will be released only when the title tran
10、sfer from Party A to Party B is completed and the property handover has been concluded, and the deposit will be released together with the remaining payment to Party A. To do this, Party A and Party B need to sign a separate Escrow Agreement with Region.Party A and Party B hereby agree that, for the
11、 afore-said method (b), once the escrow fund is deposited in the escrow account it is deemed that Party B has performed its payment obligation of deposit and the down payment.If Party B makes the remaining payment with bank mortgage, Party B shall sign a separate Entrusted Payment Authorization with
12、 Century 21 Beijing Region for its mortgage services.a. If Party B satisfies the criteria of getting the mortgage loan through the examination of the lending bank, the lending bank shall remit the loan in lump sum to the special settlement account opened by Party A at the bank in accordance with the
13、 Entrusted Payment Authorization.b. In case Party B does not satisfy the criteria of getting the loan through the examination of the lending bank, Party B will choose the following methods as the solution:i) Within days after the bank decides not to provide the loan, Party B shall raise the remainin
14、g payment by himself and pay in cash to Party A. Party B shall bear all the expenses occurred during this period;ii) Terminate this Agreement, and Party A and Party B shall refund the money which have been paid to each other. Party B shall bear all the expenses occurred during this period.3. Taxes a
15、nd feesA. Party A and Party B shall pay all the taxes and fees respectively in accordance with relevant regulations of the state and local governments. shall assist Party A and Party B to calculate relevant taxes and fees. Through negotiation, Party A and Party B agree to bear the taxes and fees as
16、follows:For any taxes or fees unspecified, unclear, or changed with the policy, Party A and Party B shall reach a consensus days before the title transfer, or Party A and Party B shall make the payment in accordance with the government regulation. Fees including but not limited to property managemen
17、t fee, utility fees for water, electricity, gas, telephone and others before the handover of the property is concluded shall be born by Party A. And the fees after shall be born by Party B.B. Party A and Party B may entrust to pay the aforesaid taxes and fees and shall transfer the payment proof, re
18、ceipts and invoices issued by relevant government to the parties that make the payment. III. Commission and terms of paymentThe afore-said commission shall no be refunded by to any party shall this agreement fail to be performed due to default of either Party A or Party B once this Agreement is ente
19、red by the three parties. IV. Title transfer agency servicesParty A and Party B shall prepare the certificates and materials for title transfer and shall provide chargeable title transfer services for Party A and Party B with fees.V. Handover of the property1. Party A and Party B agree that Party A
20、shall vacate the propert days before the title transfer. shall assist Party A and Party B with the handover of the property. In case Party A and Party B agree to conduct handover of the property after the title transfer, Party A shall pay a deposit in the amount and this amount will be refunded to P
21、arty B after the handover of the property is completed. 2. Party A shall promise to compensate Party B for the damage to or the dismantling of the decorations and accessories covered by Appendix I of the agreement from the signing of the agreement to the handover of the property in accordance with t
22、he evaluation of the damaged or dismantled decorations and accessories.3. Party A shall bear the property management fee and other relevant fees before the handover of the property and the aforesaid fees shall be paid by Party B after the handover of the property.4. Party A and Party B agree to cond
23、uct the title transfer days after signing of this Agreement taking title certificate and relevant material. will inform the specific date. Party shall pay the taxes and fees for title transfer in accordance with the government regulations.VI. Rights and obligations of Party A1. Rights of Party AA. P
24、arty A shall have the right to check Party Bs identification.B. Party A shall have the right to get deposit and property sales price as stipulated in the Agreement.C. Party A shall have the right of lawsuit upon Party Bs breach to this Agreement.2. Duties of Party AA. Party A shall provide Party B w
25、ith true, completed and valid information about the property;B. Party A shall disclose to Party B the real facts about the property, including but not limited to the rental, collateral, leakage and other defect of the property;C. Party A shall change its residence address at the property days after
26、title transfer;D. Party A shall cooperate with Party B for title transfer in a timely manner;E. Party A shall guarantee all the facilities and accessories of the property described in Appendix I are in good condition upon the handover of the property; F. Party A shall pay off all the fees related wi
27、th the property before the handover of the property.VII. Rights and obligations of Party B1. Rights of Party BA. Party B shall have the right to check all the material, contracts and certificate about the property;B. Party B shall have the right to inspect the property;C. Party B shall have the righ
28、t to be informed of the facts about the property;D. Party B shall have the right of lawsuit upon Party As breach to this Agreement.2. Obligations of Party BA. Party B shall pay the deposit and sales price in accordance with the stipulation of this Agreement;B. Party B shall cooperate with Party A fo
29、r title transfer in a timely manner; C. Party B shall provide true, completed and valid identification material.VIII. Rights and obligations of Party C1. Party C shall provide agency services for Party A and Party B for signing this Agreement, providing the signing place, and bearing testimony of si
30、gning this Agreement;2. Party C shall provide Party A and Party B related material, update them the transaction process and assist them with property handover.IX. Breach of the Agreement by Party A1. Party A shall refund doubled deposit to Party B in case the title of the property fails to be transf
31、erred or the property fails to be handed over due to the false, uncompleted or invalid certificates, contracts or material in relation with the property provided by Party A;2. In case Party A fails to hand over the aforesaid property to Party B within the period stipulated in the agreement, Party A
32、and Party B agree to adopt of the following solutions:A. Party A shall pay Party of the collected payment par day as the default fine and the agreement shall continue to be effective. B. In case the length of overdue period exceeds days and Party A has not handed over the property or transfer the pr
33、operty title to Party B, Party B shall send a written notice to Party A, and Party B shall have the right to terminate the agreement when Party A still fails to handover the property or transfer the title days after Party B sends out the written notice to Party A. In this case, Party A shall return
34、double the deposit to Party B and compensate Party B economic damage due to the default.3. In case there occurs any damage on Party B as the result that Party A fails to disclose to Party B the real facts about the property, including but not limited to the rental, collateral, leakage and other defe
35、ct of the property, Party A and Party B agree to adopt the following solutions:A. Party A shall pay Party of the property sales price par day as the default fine and the agreement shall continue to be effective. B. Party A promises to recover the property to the condition satisfied by Party B within
36、 days, and the agreement shall continue to be effective. Otherwise, Party B reserves the right to terminate this Agreement and in this case, Party A shall return double the deposit to Party B and compensate Party B economic damage due to the default.4. Party A shall change the residence address with
37、indays and shall pay to Party B as the default fine.5. In case Party A damages the facilities or accessories in the property intentionally or negligently, Party A shall compensate Party B the actual price for the damage and pay defaulting fine to Party B.X. Breach of the Agreement by Party B1. In ca
38、se the title fails to be transferred due to the false, uncompleted or invalid certificates or material provided by Party B, Party A reserves the right not to refund the deposit to Party B.2. In case Party B fails to make the payment or conduct title transfer process following the timing as stipulate
39、d in this Agreement, Party A and Party B agree to adopt as the solution:A. Party B shall pay Party of the default payment par day as the default fine and the agreement shall continue to be effective. B. In case the overdue, Party A shall send a written notice to Party B, and Party A shall have the r
40、ight to terminate the agreement when Party B still fails to make the payment or conduct title transfer process days after Party B receives the written notice from Party A. In this case, Party A shall reserve the right not to refund the deposit to Party B, and Party B shall compensate the economic damage to Party A due to the default.XI.Validity of the agreement1. The agreement shall take effect on the date when Party A, Party B and Party C sign and affix seals to the agreement.2. In case the content of the agreements reserved by Party A and Party B disag
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