【正文】
25000005978577 Made by Shanghai Municipal Real Estate and land Resource Administration Bureau Supervised by Shanghai Municipal Industrial and Commercial Administration Bureau Printed in 2021 Special Notice 1. The text of this contract is a sample text based on Shanghai Municipal Real Estate Property Transaction Methods. The contract terms printed are of reminding nature and are applicable upon both parties’ negotiation. 2. House purchasing belongs to a civic legal action involving major transaction amount. It requires strong expertise in legal regulations. In order to protect both parties’ rights and benefits, both parties shall execute due discretion and strict precaution and try every effort to sign a detailed and allaround contract. 3. Before signing the presale contract, the real estate developer shall show its Commodity Housing Presale Approval to the purchaser. The purchaser shall be able to submit his/her inquiry to the local real estate property transaction centre for the authenticity and legal validity of such Commodity Housing Presale Approval, the situation of dual presale or limitation on property transfer such as a seizure by the jurisdiction authority. 4. In order to protect the legal rights and benefits of both parties, both parties can enclose the presale advertisement and the property sales brochure as the attachments of the presale contract. 5. The presale modity housing is a housing unit under construction (or constructed but without initial registration.) The area, delivery date and quality of such unit is still uncertain. Before signing the contract, the purchaser and the seller shall have adequate knowledge on the following matters: 1) The saleable area of the unit upon the presale is a temporary measurement. The actual saleable area upon the delivery of the unit will refer to the measurement done by a survey anization designated by Shanghai Municipal Real Estate and Land Resource Administration Bureau. The presale contract shall state clearly the saleable area, the carpet area and mon area of the unit. In case of the discrepancy between the actual delivered area and the temporary measurement, Article 44 of Shanghai Municipal Real Estate Property Transaction Methods shall be applied to: [Article 44 (Solution to the increased or decreased saleable area upon the delivery) Upon the delivery, if the actual saleable area is more or less than that stated in the presale contract, the following rules shall be referred to: a. If the mon area stated in Article is increased or decreased, or if the mon area is increased or decreased due to the error made by relevant qualified survey anization, the transfer price stated in the presale contract remains the same. (Attaching Article : When a property is transferred, its mon area, mon equipment, individual area and individual equipment is transferred simultaneously. The construction space of mon area is to be shared by the property owners according to the relevant national and municipal regulations.) b. If the saleable area is increased or decreased due to the modification on the construction design of the presale property, Article 39 of the Methods shall be referred to. (Attaching Article 39: The real estate developer shall not modify its construction design without permission。 inside and mon area of 0 m178。 Party A agrees that Party B has the right to terminate this contract if the deviation is more than 3% (including 3%) between real measured area and the temporarily measured area. When exercising the unilateral right of cancellation, Party B must request for the cancellation before or just on signing Letter of Property Transferring, otherwise, will be treated to waive the cancellation right. Article 6 When signing this contract, the construction of the project has reached the stage of roof sealing. Party B should schedule to transfer or deposit the payment according to the contract to Party A’s prepayment escrow account (prepayment regulatory agency: Huaqiao Bank (China) Co., Ltd., account name: Shanghai Zhongjun Real Estate Co., Ltd., account No: 807230202101782). The prepayment will be used under supervision according to government regulations. Party B’s payment method and schedule will be stated in annex one after the agreement from both parties. Article 7 Payment methods and deadline In case the party B fails to make the payment in the term specified in this contract, party B shall pay the liquidated damages to party A, which is calculated by the rate of 2 /10000 per day based on the amount of the outstanding balance. The liquidated damages shall be paid from the second day scheduled in this contract of to the actual payment date. If late payment time is over 90 days, party A has the right to choose the first method below: 1. Party A has the right to unilaterally terminate this contract, and Party B shall be liable for the damages. Total pensation is the amount of 20 % of the total housing price. Party A could deduct the pensation which should be paid by Party B from the payment amount made by Party B, and refund the remaining housing price. Party A also has the right to pursue the remaining pensation balance if the payment made by Party A is not sufficient to pay off the pensation. Party shall notice Party A when to exercise the right to terminate the contract. 2. ________ Article 8 Party A shall not change the housing layout and design after signing this contract (refer to the Appendix 2). If some structure and design are really needed to be changed, party A shall as the approval from Party A and report to the planning and management departments in order to be reviewed and ap