北京市預(yù)售商品房買賣合同-英文版

..vEX-10.214d302819dex1021.htmENGLISHTRANSLATIONOFFORMOFREALPROPERTYPRE-SALECONTRACTEXHIBIT10.21BF—2005—0116

ContractNo:Y1056372BeijingCommodityRealPropertyPre-saleContract(fornon-residentialrealpropertyintendedforcommercial/officeuse)Seller:BeijingFanghengLandCo.,Ltd.Buyer:AutoNaviSoftwareCo.,Ltd.No.ofPre-salePermit:JingFangShouZhengZi(2010)

No.179NameofProject:FocusSquareLocation:Room1615,13/F,BuildingComplexA3,SectionA,Plot*6-10,ZoneB,WangjingNewCity,ChaoyangDistrictBeijingMunicipalCommissionofHousingandUrban-RuralDevelopmentBeijingMunicipalAdministrationforIndustryandCommercePrintedon:September

7,20101SpecialNotes:Thecommodityrealpropertyyouintendtopurchaseisplannedforofficeuseforatenureoffifty(50)

years,thelandcoveredbywhichisforcomprehensiveuse(typeofland).ThesellershallconstructandputonsaletherealpropertyincompliancewiththeconditionsundertheConstructionProjectPlanningPermitissuedbythecompetentauthoritiesofplanningadministration,withoutmakingunauthorizedalterations.Inthecourseofusingtherealproperty,thebuyershallnotchangeitsintendeduse,mainarchitecturalstructureorload-bearingstructurewithoutauthorization.Shouldthesellerselltherealpropertyintendedforofficeuseasaresidentialestatewithouttheapprovaloftheplanningauthorities,thebuyerwouldexposuretorisksintermsofpropertyownership,municipalinfrastructure,taxationandpublicsecurityetc.PleaseDONOTpurchaseanyofsuchrealproperty.2Notes1.ThisBeijingCommodityRealPropertyPre-saleContractisamodelcontract,jointlyformulatedbytheBeijingMunicipalCommissionofHousingandUrban-RuralConstructionandtheBeijingMunicipalAdministrationforIndustryandCommerce,andcouldbeusedasastandardformpre-salecontractwithrespecttonon-residentialestateforcommercial/officeuse.2.Thesellershall,priortothesigningofthisContract,presenttothebuyertheCommodityRealPropertyPre-salePermitandotherrelevantcertificates/supportingdocuments.3.Thiscontractshallbeexecutedbythepartiesconcernedbasedontheprinciplesofvoluntariness,equityandgoodfaith.Neitherpartymayimposehisownwillontheotherparty.Thepartiesconcernedmayamend,supplementanddeletetheclauseshereincontained.UpontheeffectivenessofthisContract,theprintedcontentsthatarenotamendedshallbedeemedastheagreedcovenantsbetweenthepartiesconcerned.4.PriortothesigningofthisContract,thebuyershallcarefullyreadtheprovisionshereincontained,andshallpayparticularattentiontosectionsthatareoptionalorsubjecttosupplement,completionoramendment.5.Inconformitytotheprincipleofvoluntariness,blanklinesareleftattheendofrelevantclauseshereinfordiscretionaryorsupplementaryagreementbetweentheparties.Withrespecttomattersthatarenotcoveredhereunderorarenotspecifiedindetail,thesellerandthebuyermay,inthelightofthespecificsituationsoftheprojectonsale,eitherenterintoafairandreasonablesupplementaryagreement,orfillinblanklineswithadditionalprovisionssupplementarytotherelevantclauses.6.Contentswithinthebracketsthatareoptional,thosetobefilledintheblanklinesandthosesubjecttodeletionoradditionshallbedecidedbythepartiesuponconsultation.Contentswithinthebracketsthatareoptionalshallbemarkedwith“”.Wheretheagreedcircumstancesareindisparitywithrealityorthepartiesagreenottomakeprovisionshereunder,itshallbemarkedwith“x”inblanklines,whichmeansthatsuchcontentsaredeleted.7.Inthecaseofanydisputearisingoutoftheperformancehereof,eitherpartymayfilealawsuitinthePeople’sCourtwherethecommodityestateissituatedorreferittoanarbitrationcommissionforarbitration.Inthecaseofarbitration,thedisputemaybereferredtotheBeijingArbitrationCommission,theChinaInternationalEconomicandTradeArbitrationCommissionoranarbitrationcommissionoutsideBeijing.8.ThepartiesconcernedmaydecidethenumberoftheoriginalsofthisContractbasedontheactualsituations.Beforethecontractisexecuted,bothpartiesshallcarefullyreadandensurethateverycopyofthiscontractisthesameaseachother.Inanycase,thebuyershallkeepatleastoneoriginalofthisContract.3BeijingCommodityRealPropertyPre-saleContractSeller:BeijingFanghengLandCo.,Ltd.CorrespondenceAddress:No.

18,DashengRoad,MiyunIndustrialDevelopmentZone,BeijingPostalCode:101500RegistrationNo.ofBusinessLicense:8054(2-1)No.ofEnterpriseQualificationCertificate:JianKaiQi[2007]No.586LegalRepresentative:YangWenhua

PhoneNumber:

AuthorizedAgent:WuLi

PhoneNumber:

AuthorizedSalesAgency:BeijingQunlidaRealEstateBrokerageC.,Ltd.CorrespondenceAddress:3032,ZifengTower,No.1,DayabaoValley,DongchengDistrictPostalCode:100730RegistrationNo.ofBusinessLicense:3197No.ofEnterpriseQualificationCertificateoftheAuthorizedSalesAgency:JingJingJI(2005)No.3538NameofSalesAgent:AnNaNo.ofQualificationCertificateoftheCommodityEstateSalesAgent:JingJianXiao18230Buyer:AutoNaviSoftwareCo.,Ltd.LegalRepresentative:HouJun

Nationality:

No.ofBusinessLicense:298DateofBirth:

Y/M/D

Gender:

4CorrespondenceAddress:18/F,SouthTower,DahengScienceandTechnologyBuilding,No.3,SuzhouStreet,HaidianDistrict,BeijingPostalCode:100080

PhoneNumber:

Agent:AuthorizedAgent:GaoJie

Nationality:ChineseIDCard:

DateofBirth:

Gender:

CorrespondenceAddress:18/F,SouthTower,DahengScienceandTechnologyBuilding,No.3,SuzhouStreet,HaidianDistrict,BeijingPostalCode:100080

PhoneNumber:

InaccordancewiththeContractLawofthePeople’sRepublicofChina,theLawofthePeople’sRepublicofChinaonAdministrationofUrbanRealEstate,theAdministrativeMeasuresofBeijingMunicipalityonUrbanRealEstateTransferandotherrelevantlawsandregulations,theSellerandtheBuyerheretoreachthefollowingagreementwithrespecttothepre-saleofcommodityrealpropertybasedontheprinciplesofequality,voluntariness,fairnessandconsensus.ArticleIBasisforProjectConstructionTheSellerhasacquiredthestate-ownedlanduserightsovertheplotlocatedintheChaoyangDistrictbymeansoftransfer.ThenumberoftheCertificateforUseofState-ownedLandinrespectofsuchplotis:JingChaoGuoYong(2004Chu)No.

0674.Theplotcoversanareaof6,504.9m2,intendedforcomprehensiveuse,landuserightspertainingtowhichshallbeeffectivefromAugust

29,2004toAugust

28,2054.Thetransfercontractofstate-ownedlanduserightsconcerningsuchplotisnumberedContractNo.:JingDiChu[He](2004)

No.

782,underwhichthelandwherethecommodityrealpropertytobepurchasedbytheBuyer(hereinafterreferredasthe“CommodityRealProperty”)islocatedisplannedforcomprehensivepurposesforaperiodfromAugust

29,2004toAugust

28,2054Uponapproval,theinterimnameoftheCommodityRealPropertytobebuiltbytheSellerontheabovementionedplotisFocusSquare.TheConstructionPlanningPermitsarenumbered:2006GuiJianZiNo.

0238,2008GuiFuHanZiNo.

0013and2010GuiFuHanZiNo.

0110.ThenumberoftheConstructionWorkPermitis[2006]Shi(Chao)JianZiNo.

0120.TheconstructioncommencementandcompletiondatesprovidedintheConstructionContractareJune

30,2006andOctober

5,2010,respectively.5ArticleIILegalBasisforPre-saleTheCommodityRealPropertyhasbeenapprovedbytheBeijingMunicipalCommissionofHousingandUrban-RuralDevelopmentforpre-sale,withaPre-SalePermitnumberedJingFangShouZhengZi(2010)

No.

179.ArticleIIIGeneralInformationTheCommodityRealPropertyislocatedatRoom1615,13/F,BuildingComplexA3,SectionA,Plot*6-*10,ZoneB,WangjingNewCity,ChaoyangDistrict.ThemainarchitecturalstructureofthebuildingcomprisingtheCommodityRealPropertyisreinforcedconcretestructure.Thebuildinghas39floors,including36abovegroundand3underground.TheCommodityRealPropertyshallbeRoom1615locatedonthe13thfloorofA3ComplexBuildingintheprojectdescribedinArticleabove,withtheroomnumber(fortemporaryuseonly)subjecttothefinalapprovaloftheauthoritiesofpublicsecurityadministration.ThelayoutofthisCommodityRealPropertyanditslocationplanintheentirebuildingshallbeattachedheretoasAppendixI.ThisCommodityRealPropertyisusedforofficepurposes,ofafloorheightof3.7meters,andinthecaseofapitchedfloor,anetheightofxmetersminimallyandxmetersmaximally.ThedirectionofthisCommodityRealPropertyistowardssouthwest.Thereare0balconies,ofwhich0isclosedand0isopen.ThesurveyingandmappinginstituteappointedbytheSellerisBeijingJinfangXingyeSurveyingandMappingCo.,Ltd.whichestimatedagrossfloorareaof120.64m2,includinganinternalfloorareaof75.53m2andsharedcommonareasandpublicroomsofAtthetimewhenthisContractisexecuted,theconstructionprogressofthebuildingcomprisingthisCommodityRealPropertyisx.Theterm“floorheight”mentionedabovereferstotheverticaldistancebetweenanytwofloorsortheverticalfloor-to-grounddistance.Theterm“netfloorheight”referstotheverticaldistancefromafloororthegroundtothebottomoftheupperfloorortheceiling.6ArticleIVMortgageInformationIntermsofmortgage(s)concerningtheCommodityRealProperty,thedescriptionsinparagraph(1)

belowshallapply.

1.Nomortgagehasbeencreatedoverthelanduserightsandproject(s)underconstructionpertainingtotheCommodityRealProperty.

2.AmortgagehasbeencreatedoverthelanduserightspertainingtotheCommodityRealProperty,withxasthemortgagee,andregisteredwithx(theauthorityofmortgageregistration)onx(registrationdate).

3.Amortgagehasbeencreatedovertheproject(s)underconstructionpertainingtotheCommodityRealProperty,withxasthemortgagee,andregisteredwithx(theauthorityofmortgageregistration)onx(registrationdate).xPleaseseeAppendix3forthecertificate(s)indicatingthemortgagee’sconsenttothepre-saleoftheCommodityRealPropertyandtherelevantmortgageprovisions.ArticleVPricingMethodandPurchasePriceIftheCommodityRealPropertyisnottheentirebuildingoragarage(parkinglot),theSellerandtheBuyeragreetocalculateitspriceasindicatedinthefirstparagraphbelow.IftheCommodityRealPropertyconstitutesthe[entirebuilding]/[garage]/[parkinglot],theSellerandtheBuyeragreetocalculatethepriceoftheCommodityRealPropertyasindicatedinthefirstparagraphbelow.

1.ThepriceoftheCommodityRealPropertywillbecalculatedbasedontheinternalfloorareaataunitpriceofRMB45,118.44/m2,foratotalpriceofRMBthreemillionfourhundredandseventhousandsevenhundredandninety-six(inwords).

2.ThepriceoftheCommodityRealPropertywillbecalculatedbasedonthegrossfloorareaataunitpriceofRMBx/m2,foratotalpriceofRMBx(inwords).

3.ThepriceoftheCommodityRealPropertywillbecalculatedbyunit,whosetotalpriceisRMBx(inwords).

4.ThepriceoftheCommodityRealPropertywillbecalculatedbasedon

,foratotalpriceofRMBx(inwords).PleaseseedetailedprovisionsinAppendixIV.Theterm“floorarea”mentionedinthisclausemeansthetotalhorizontalareaofallfloorswithinandabovetheplinthofexteriorwalls(columns)ofthebuilding,includingbalcony(ies),corridor(s),basement(s)andoutdoorstairsetc.,andthebuildingmustbeapermanentconstructionwitharoofandaminimalheightof2.20m.7Theterm“internalfloorarea”mentionedinthisclausemeansthesumofusablearea,floorareaofinteriorwallsandthefloorareaofbalcony(ies)withintheCommodityRealProperty(unit).ArticleVIMethodandTermsofPaymentTheBuyerwillpaythepurchasepriceasrequiredinparagraph4below:1.Thepurchasepriceshallbepaidinalumpsum;2.Thepurchasepriceshallbepaidininstallments;3.Thepurchasepriceshallbepaidbyloans.TheBuyermaypayadownpaymentequalto

%ofthetotalpurchaseprice,andtheoutstandingamountmaybepaidthroughaloanprovidedby

Bankorx.4.Thepurchasepriceshallbepaidbyothermeans.PleaseseeAppendix5fordetailedprovisionsonthemethodandtermsof

payment.ArticleVIITheSellerundertakesthattheownershipoftheCommodityRealPropertyisnotdisputed.IntheeventthattheownershipregistrationisfrustratedordebtdisputesariseinrelationtotheCommodityRealPropertyduetoreasonsattributabletotheSeller,theSellershallassumerelevantliabilitiesaccordingly.x.ArticleVIIIProvisionsonPlanningChangesTheSellershallconstructtheCommodityRealPropertyincompliancewiththeconditionsundertheConstructionProjectPlanningPermitissuedbythecompetentauthoritiesofplanningadministration,withoutmakingunauthorizedalterations.IntheeventthattheSellerneedstomodifytheconditionsundertheConstructionPlanningPermit,theSellershallobtainawrittenconsentoftheBuyerandtheapprovalofthecompetentauthoritiesofplanningadministration.WheretheBuyer’srightsandinterestsaredamagedduetosuchmodification,theSellershallprovideappropriatecompensationtotheBuyer.8ArticleIXProvisionsonDesignChanges

(I).Subjecttotheapprovalofthedesignreviewagencyappointedbythecompetentauthoritiesofplanningadministration,ifanyofthefollowingchangestothedesigndrawingshasanimpactonthequalityorfunctionoftheCommodityRealPropertytobeboughtbytheBuyer,theSellershallnotifytheBuyerinwritingwithinten(10)

daysaftertheapprovalofsuchchangesgrantedbythedesignreviewagency:

(1)thestructure,layout,spacedimension,directionoftheCommodityRealProperty;

(2)Methodofheatsupply;

(3)x;

(4)x;

(5)x.IftheSellerfailstonotifytheBuyerwithintheperiodprescribedabove,theBuyershallhavetherighttocancelitspurchaseoftheCommodityRealPropertyfromtheSeller.

(II).TheBuyershallreplytotheSellerinwritingwithinfifteen(15)

daysfollowingtheserviceofthesaidnoticeindicatingwhetheritwillreturntheCommodityRealProperty.IftheBuyerfailstogiveawrittenreplywithintheabovementionedperiod,itshallbedeemedtohaveacceptedtherelevantchanges.

(III).IftheBuyerelectstoreturntheCommodityRealProperty,theSellershall,withinsixty(60)

daysaftertheserviceofthecancellationnotice,refundtotheBuyerthepurchasepricealreadypaid,togetherwithinterestaccruedthereonatthetermdepositrateannouncedbythePeople’sBankofChinaforthesameperiod.IftheBuyerelectsnottoreturntheCommodityRealProperty,theBuyershallotherwisesignasupplementaryagreementwiththeSeller.IftheBuyerdoesnotelecttoreturntheCommodityRealPropertyandfailstoenterintoasupplementaryagreementwiththeSellerwithinthirty(30)

daysfollowingtheserviceofthenoticeondesignchanges,itshallbedeemedtohaveacceptedsuchchanges.9ArticleXLiabilitiesforOverduePaymentIftheBuyerfailstopaythepurchasepriceasscheduled,theprovisionssetoutinparagraph1belowshallapply:

1.Thefollowingprovisionswillapply,respectively,dependingonhowlongthepaymentisoverdue(Sub-items(1)

and(2)

arenotcumulative)

(1)Ifthepaymentisoverdueforlessthansixty(60)

days,theBuyershallpaytheSelleradefaultpenalty,atadailyrateof0.02%fromthedayimmediatelynexttotheexpirydateoftheagreedpaymentperiodtothedateofactualpaymentoftheoverdueprice,totheSelleronthesamedayastheactualpaymentismade.Inthiscase,thisContractcontinuesandremainsineffect.

(2)Ifthepaymentisoverdueformorethansixty(60)

days(thenumberofdaysmentionedhereshallbethesameasthatagreedinparagraph(1)

above),theSellershallbeentitledtoterminatethisContract,inwhichcase,theBuyershall,withinthirty(30)

daysfollowingtheserviceoftheterminationnotice,paytotheSelleradefaultpenaltyequalto3%ofthecumulativeoverdueamount,andtheSellershallrefundtotheBuyerinfullthepurchasepricealreadypaid.IftheBuyeriswillingtocontinuetoperformthisContract,thisContractmaycontinuetobeperformedwiththeconsentoftheSeller,inwhichcircumstance,theBuyershallpayadefaultpenalty,atarateof0.03%(thisratioshallnotbelessthanthatspecifiedintheprecedingparagraph)fromthedayimmediatelynexttotheexpirydateoftheagreedpaymentperiodtothedateofactualpaymentoftheoverdueprice,totheSelleronthesamedayasthepaymentoftheoverduepriceismade.TheoverduepricementionedinthisclauseshallrefertothebalancebetweenthepricepayableasagreedinArticle6andtheamountalreadypaid;inthecasethatthepriceispaidininstallments,thebalanceshallbethedifferencebetweentheinstallmentpayableandtheamountalreadypaidforsuchinstallment.

2.x.ArticleXIDeliveryConditions

(I).TheSellershalldeliverthisCommodityRealPropertytotheBuyerpriortoJanuary

7,2011.

(II).ThisCommodityRealPropertyshallbeincompliancewiththeconditionsasstatedintheItems1,2,x,x,x,x,xbelow;incasetheCommodityRealPropertyisintendedforresidentialpurposes,theSellershallalsoprovidetheQualityWarrantyofResidentialPropertyandtheInstructionsonUseofResidentialProperty.

1.ApprovaldocumentsonplanningacceptanceandtheregistrationformoncompletionacceptanceofconstructionprojectconcerningtheCommodityRealPropertyhavebeenobtained;

2.AsurveyingandmappinginstitutionwithcompetentqualificationshasissuedatechnicalreportontheactualsurveyedareaoftheCommodityRealProperty;10

3.TheSellerhasobtainedthepropertyownershipcertificateofthebuildingcomprisingtheCommodityRealProperty;

4.MunicipalinfrastructureconditionspromisedbytheSellerasstipulatedinArticle12hereinhavebeensatisfied;

5.WheretheCommodityRealPropertyisforresidentialpurposes,theSellershallprovideaFormonQualityAcceptanceofResidentialUnits.

6.x.

7.x.ArticleXIIWarrantiesonMunicipalInfrastructureandOtherFacilitiesTheSellerwarrantsthatmunicipalinfrastructureandotherfacilitiesdirectlyrelatedtothenormaluseoftheCommodityRealPropertywillsatisfythefollowingrequirementsupontheagreeddate:

1.MunicipalInfrastructure

(1)Watersupplyanddrainage:tomeetconditionsofusebyOctober

18,2010;

(2)Electricpowersupply:tomeetconditionsofusebyOctober

18,2010;

(3)Heatingsupply:tomeetconditionsofusebyNovember

15,2010;

(4)Gas:tomeetxbyx;

(5)Air-conditioning:tomeetconditionsofusebyMay

1,2011.

(6)Elevators:tomeetconditionsofusebyOctober

18,2010.Shouldtheconditionsfailtobesatisfiedwithinthespecifiedperiod,thePartiesagreethattheprovisionsbelowshallapply:

(1)TheSellershalltakeappropriatemeasurestoensureconditionsofusebesatisfiedwithinthirty(30)

daysupontheexpiryoftheagreedperiod;

(2)x.11

2.OtherFacilities

(1)Publicgreeningarea:aportionthereofmeetingconditionsofusebyOctober

18,2010;

(2)Publicroads:aportionthereofmeetingconditionsofusebyOctober

18,2010;

(3)Publicparkinglot:aportionthereofmeetingconditionsofusebyOctober

18,2010;

(4)Kindergarten:xbyx;

(5)School:xbyx;

(6)Club:xbyx;

(7)Shoppingcenter:xbyx;

(8)Sportsfacilities:xbyx;

(9)x;

(10)x.Shouldtheconditionsfailtobesatisfiedwithinthespecifiedperiod,thePartiesagreethattheprovisionsbelowshallapply:

(1)TheSellershalltakeappropriatemeasurestoensureconditionsofusebesatisfiedwithinthirty(30)

daysupontheexpiryoftheagreedperiod;

(2)x.12ArticleXIIILiabilitiesforOverdueDeliveryofCommodityRealPropertyExceptinanyforcemajeureevent,inthecasethattheSellerfailstodelivertheCommodityRealPropertytotheBuyerinaccordancewiththetimeframeandconditionsstipulatedinArticle11,theprovisionsinparagraph1belowshallapply:

1.Thefollowingprovisionswillapply,respectively,dependingonhowlongthepaymentisoverdue(Sub-item(1)

andSub-item(2)

arenotcumulative).

(1)Ifdeliveryisoverdueforlessthansixty(60)

days(thenumberofdaysfilledinhereshallnotbelessthanthetermstipulatedinsub-item(1)

ofArticle10),theSellershallpaytheBuyeradefaultpenaltyatadailyrateof.02%

(thisratioshallnotbelessthanthatstipulatedinsub-item(1)

ofArticle10)ofthepurchasepricealreadypaidbytheBuyerfromthedayimmediatelynexttotheexpirydateofthedeliveryperiodagreedinArticle11tothedateofactualdeliveryoftheCommodityRealProperty.AndtheSellershallpaytheaforesaiddefaultpenaltytotheBuyerwithinthirty(30)

daysupontheactualdeliveryoftheCommodityRealProperty.Inthiscase,thisContractcontinuesandremainsineffect.

(2)Ifdeliveryisoverdueformorethansixty(60)

days(thenumberofdaysinshallbethesameasthenumberindicatedinSub-item(1)

above),theBuyershallbeentitledtocancelitspurchaseoftheCommodityRealProperty.InthecasethattheBuyerelectstoreturntheCommodityRealProperty,theSellershall,withinthirty(30)

daysupontheserviceofthecancellationnotice,refundtotheBuyerallpricesthattheBuyerhaspaid,andshallalsopaytheBuyeradefaultpenaltyequalto3%ofthetotalamountpaidbytheBuyer.IftheBuyerelectstocontinuetheperformancehereof,thisContractshallbeperformedaccordingly,inwhichcase,theSellershallpayadefaultpenalty,atadailyrateof0.03%(thisratioshallnotbelessthanthatspecifiedinsub-item(1)

above)ofthepricesthattheBuyerhaspaidfromthedayimmediatelynexttotheexpirydateofthedeliveryperiodagreedinArticle11tothedateofactualdeliveryoftheCommodityRealProperty,totheBuyerwithinthirty(30)

daysuponthedateofactualdeliveryoftheCommodityRealProperty.

2.x.ArticleXIVArrangementsinCaseofAreaDifferenceTheSellershall,atthetimeofdelivery,producetotheBuyerthetechnicalreportontheactualmeasuredareaoftheCommodityRealPropertyissuedbysuchsurveyingandmappinginstitutionwithcompetentqualificationsasappointedbytheSeller,andshallprovidetheBuyerwithdataontheactualmeasuredareaoftheCommodityRealProperty(hereinafterreferredtoasthe“ActualArea”).InthecasethatthereisadifferencebetweentheActualAreaandtheestimatedareareferredtoinArticle3,bothPartiesagreethattheprovisionsofparagraph1belowwillapply:

1.WherepricingisbasedoninternalfloorareaasagreedinArticle5,thePartiesagreethatthefollowingprinciplesshallapplyindeterminingthepurchaseprice:

(1)If,intermsofinternalfloorarea,theabsoluteerrorisbelow3%(inclusive),thepriceoftheCommodityRealPropertyshallbesettledbasedontheActualArea;

(2)If,intermsofinternalfloorarea,theabsoluteerrorisabove3%,theBuyershallhavetherightstoreturntheCommodityRealProperty.13IftheBuyerelectstoreturntheCommodityRealProperty,theSellershall,withinthirty(30)

daysupontheserviceofthecancellationnotice,refundtotheBuyerthepurchasepricealreadypaidbytheBuyer,togetherwithinterestaccruedthereonatthetermdepositrateannouncedbythePeople’sBankofChinaforthesameperiod.InthecasethattheBuyerelectsnottoreturntheCommodityRealProperty,iftheinternalfloorareaactuallymeasuredexceedstheestimated,thepurchasepricecorrespondingtoadditionalinternalfloorareabelowtheabsoluteerrorof3%(inclusive)shallbepaidbytheBuyer,andthepriceofadditionalareaabovetheabsoluteerrorof3%shallbeassumedbytheSeller,withthepropertyownershipoftheentireCommodityRealPropertyheldbytheBuyer.Iftheinternalfloorareaactuallymeasuredislessthantheestimated,theSellershallrefundtotheBuyerthepricecorrespondingtotheareadifferencebelow3%(inclusive),andtwicethepricecorrespondingtotheareadifferenceabove3%.AbsoluteErrorinInternalFloorArea=(Internalfloorareaactuallymeasured-Estimatedinternalfloorarea)/Estimatedinternalfloorarea×100%

2.WherepricingisbasedonfloorareaasagreedinArticle5,thePartiesagreethatthefollowingprinciplesshallapplyindeterminingthepurchaseprice:

(1)If,intermsofbothfloorareaandinternalfloorarea,theabsoluteerrorisbelow3%(inclusive),thepriceoftheCommodityRealPropertyshallbesettledbasedontheActualArea;

(2)If,intermsofeitherfloorareaorinternalfloorarea,theabsoluteerrorexceeds3%(inclusive),theBuyershallhavetherighttoreturntheCommodityRealProperty.IftheBuyerelectstoreturntheCommodityRealProperty,theSellershall,withinthirty(30)

daysupontheserviceofthecancellationnotice,refundtotheBuyerthepurchasepricepaidbytheBuyer,togetherwithinterestaccruedthereonattheX(interestrate).InthecasethattheBuyerelectsnottoreturntheCommodityRealProperty,iftheActualAreaexceedstheestimated,thepurchasepricecorrespondingtoadditionalareabelowtheabsoluteerrorof3%(inclusive)shallbepaidbytheBuyer,andthepriceofadditionalareaabovetheabsoluteerrorof3%shallbeassumedbytheSeller,withthepropertyownershipoftheentireCommodityRealPropertyheldbytheBuyer.IftheActualAreaislessthantheagreedarea,theSellershallrefundtotheBuyerthepricecorrespondingtotheareadifferencebelow3%(inclusive),andtwicethepricecorrespondingtotheareadifferencea