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introduction of the public share building area. When both parties sign the Contract, the construction progress status of the modity housing building is X . The floor height mentioned in this article refers to the vertical distance between an upper floor and a lower floor or between the floor and the ground. The height refers to the vertical distance between a floor and the soffit of the upper floor or between the ground and the underside of the suspended ceiling. Article 4 Reference for Mortgage The mortgage condition of this House is: 1 . 1. The land use right shared by this House and the construction in progress are not set to mortgage. 2. The land use right shared by this House has been set to mortgage, with the mortgagee of ____X____ at the mortgage registration department of _____X____ on the date of _____X____. 3. The construction in progress of this House has been set to mortgage, with the mortgagee of ____X____ at the mortgage registration department of _____X____ on the date of _____X____. __________________________X__________________________________ . The presale certificate of this House and other covering mortgage approved by the mortgagee refers to Annex 3. Article 5 Pricing Mode and Purchase Price If this House is used as residence, the Seller and the Buyer shall agree to calculate the price of this House according to the First method below. Therein, if this House is an affordable housing, the Seller and the Buyer shall agree to calculate the price of this House according to the First and Second methods below respectively. If this House is nonresidential, the Seller and the Buyer shall agree to price the modity house according to the First method below. 1. According to the interior building area, this House can be priced to be RMB (Currency)__________ Yuan per square meter, with the total price of RMB __X__ BILLION __X___ HUNDRED ___X____ MILLION ____ HUNDRED AND __________ THOUSAND ______ HUNDRED ________ Yuan ONLY. 2. According to the building area, this House can be priced to be ___ X ____ (Currency)____ X___ Yuan per square meter, with the total price of RMB __X__ BILLION __X___ HUNDRED ___X____ MILLION __ X______ HUNDRED AND __ X ___ THOUSAND __X____ HUNDRED ___X_____ Yuan ONLY. 3. According to the suite (unit), the total price of the House can be priced to be _______ (Currency)_______ Yuan per square meter, with the total price of RMB __X__ BILLION __X___ HUNDRED ___X____ MILLION __ X______ HUNDRED AND __ X ___ THOUSAND __X____ HUNDRED ___X_____ Yuan ONLY. 4. According to ___ X___, the total price of the House can be priced to be ___ X ____ (Currency)___ X____ Yuan per square meter, with the total price of RMB __X__ BILLION __X___ HUNDRED ___X____ MILLION __ X______ HUNDRED AND __ X ___ THOUSAND __X____ HUNDRED ___X_____ Yuan ONLY. For the detailed agreement on terms of pricing and cost, see the Annex 4. The building area here refers to horizontal projected area of each floor above the outside wall plinth of a permanent building with the floor height of over meters (including meters), including balconies, overhanging corridors, basements, and exterior stairs and so on, which is also roof covered and stably constructed. The interior building area refers to the usable area, wall covering and balcony areas in total inside each unit of the modity house. Article 6 Payment Term and Deadline The Buyer shall pay for the House by the following methods 1. Lumpsum settlement. 2. Installment payment 3. Credit payment. The Buyer can pay ___X___ % of the total price of the House as down payment, and then pay the balance by credit from the bank of ___X___ or the Housing Fund Administration Department. 4. The other methods. References can be made to Annex 5 for the agreement on the detailed payment terms and deadline. Article 7 The Seller shall guarantee that the House for sale is not involved in any dispute of ownership. In case of the inability to handle ownership registration or occurrence of credit and debt disputes, the seller shall undertake all the responsibilities. __________________________X___________________________________ Article 8 Agreements on Planning Alteration The Seller shall build the House according to the conditions stipulated in the Construction Planning Permit approved and issued by the Planning Administration Department and cannot alter the planning without authorization. If the Seller wants to alter the conditions stipulated in the Construction Planning Permit, the Seller should obtain the agreement of the affected buyers in writing, as well as the approval of the Planning Administration Department. For the losses of the buyer’s interests caused by the planning alteration, the Seller should provide the corresponding pensation. Article 9 Agreements on Design Alteration I. With the approval of the design inspection unit entrusted by the Planning Administration Department, The following alterations on the construction design documents which will affect the quality and use functions of the House, the seller should inform the buyer by written notice within 10 days after the approval of the design inspection unit. 1. The construction, layout, space dimension, orientation。 the term for land use will start on and end on . With approval, The Seller has invested to build modity housing on the said land lot mentioned above, with a temporary name of , the Construction Engineering Planning Permit number of ___________, and the Construction Engineering Working License number of ________。 Contract No.: Beijing Commodity Housing Presale Contract Seller: Buyer: Housing Location: