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PurchaseandSaleContractforRealEstateinShanghaiMunicipalitySpecialAnnouncement1。ThisContractismadeasmodelcontractbyShanghaiHousingandLandAdministrationBureauandShanghaiAdministrationofIndustryandCommercepursuantto“ContractLawofPeople’sRepublicofChina”and“MeasuresonTransofRealEstateinShanghaiMunicipality，”whichmaybeadopteduponconsentofinterestedpartiesorusedasreferencecontext。ThisContractmaybeappliedtothepurchaseandsaleofrealestateexceptcommodityhousestobepre—soldorsoldbydevelopersorstate—ownedhousestobesold。TheinterestedpartiestothisContractmayfillintheblankshereinafternegotiationandagreement，andthecontentbracketedby[］couldbeselectedbycrossingthecontentwhichthepartiesdonotwishtoselect。ThepartiesshallmadeandenterintothisContractadheringtoprincipleofwillingnessandfairness,andshallnoticethefollowingissues:(1)RightofJoint-OwnersRegistrationofpropertyrightisdividedintotwokindsofsingleownershipandjointco—ownership，andco—ownershipmeansthattwoormoreownersenjoytherightsofownershiprespectingthesameproperty，inthisregard,theco—ownerorownersregisteredattheTitleCertificateshallalsoexecutethisContract。TheownerorownersregisteredattheTitleCertificateshallobtainhis/herspouseconsent,andalsoshallbeliableforanyobjectionaftersell.DepositDepositispaidtosecureperformanceofthisContract,andthepartiesmaymakeagreementonsuchasamountanddateofpaymentinAppendix3hereto.（3）HandoverofPropertyItreferstotheprocessoftheSeller’sdeliveringthePropertytotheBuyeratthedateandmannerasagreedandtheBuyerspectio’inandacceptance。Thepartiesshall1expresslystipulatethedateofhandover，inspectionandacceptanceanddeliverymanneraswell。(4)PropertyQualityClauseofPropertyismandatoryinthisContract,andthepropertyshallbekeptinnormalfunction.Ifthepropertyistobeusedafterreasonabletermofuse,theownershallentrustrelevantqualifiedreconnaissanceunitanddevisingunitforappraisal。（5）PriortoexecutionofthisContract,theBuyershallgototheLandandHousingExchangeCentertolookuprelevantrecordofregistration(file)andmakeconfirmationonpossibilityoftitledisputeandencumbrancessothattoprotectselfinterest。（6）IfthePropertyislet,theSellershallnotifyrelevanttenantthreemonthspriortosell,andsuchtenanthasapriorityrighttopurchasethePropertyunderequivalentcondition.Ifsuchtenantabandonsthepriorityright,theBuyershallcontinuetoperformleasecontractandexecuteacontractwithsuchtenantrespectingchangeininterestedparty。(7）IfthePropertyismortgaged,theSellershallgiveapriorwrittennoticetothemortgageewithconsensusonsuchissue,inmeantime,shallalsodisclosesuchissuetotheBuyer.(8)LandUseRightafterPropertyTransactionTheuserightofstate-ownedlandwherealivinghouseiscoveredtransferswithsellofthelivinghouse，andArticle3(1）shallbeappliedintheeventthatthetermoflanduserightisremarkedonthePropertyTitleCertificate.(9）TransferofHukouRelatedtothePropertyPerformanceofthisContractwouldalsobeaffectedontheconditionthattheoldHukourelatedtothePropertycouldbemovedoutinatimelymannerornot。ThepartiesmayinsertprovisionsassuchintoSupplementaryClauses。(10)MaintenanceandRepairFundPursuantto“RulesonLivingHouseManagementinShanghaiMunicipality”,thepartiesshallgiveawrittennoticerespectingthepropertytransfertothelandlordmanagementcommitteeandpropertymanagementunitwithintendaysupon2effectivenessofthisContract,andhandlechangethenameofaccountofmaintenanceandrepairfund。ThepartiesmaystipulateintheSupplementaryClauseswithrespecttobalanceinaccountofmaintenanceandrepairfund.5。Ifanyappointofqualifiedrealestatebrokertosupplyservicesasagentormediacyarises,suchbrokershallsignandsealinAppendix6,inwhichinformationofsuchbrokershallbeexpressivelyshowninArticle1forbasisofcomplaintwheneveranydisputearisesbetweenthepartiesandthebrokercompany/orbroker。6。“ArbitrationLawofPeople’sRepublicofChina”stipulateseitherarbitrationortrial,andthepartiesshallnotbringactionwithcourtoncechooseofarbitration。Ifthepartiesdonotwishtobringactionwithcourtinsteadofarbitration,Article13inthisContractcouldbecrossed.3PartyA(theSeller）:PartyB（thePurchaser)：PartyAandPartyBhavemadeandenteredintothisContractonthebasisofequality,voluntarywillandhavingreachedunanimitythroughmutualnegotiation.Article1PartyAandPartyB，[withoutthroughbrokercompany][through_______________companyasmidacy]agreetotransfertoPartyBthePropertyanduserightofthelandwheresuchPropertyiscovered(“Property”），andinformationofthePropertyisgivenasfollows：1)PartyAhasobtainedthePropertyTitleCertificate，thenumberofthePropertyTitleCertificateis；（2)thePropertyislocatedat，typeofthePropertyisnewlanehouse;（3)theconstructionareaofthePropertyissquaremeters，and[theusagearea］theproportionatearea］ofthelandlotis____squaremeters;thefloorplanandcoveringlimitsaretobedescribedinAppendix1;(5)thelanduserightoccupiedbythePropertycoversisfallenwithin［stateownedlanduseright］［collectiveownedlanduseright］;andthestateownedlanduserightisacquiredbymeansof［grant][allocation];furbishingandfacilities（excludingancillaryequipmentrelatedtheProperty）tobetransferredwiththePropertyissetforthinAppendix2;(7）therelevantaffairsofthesaidProperty(i。e.,mortgages，leases,neighborhood,etc。）aresetforthinAppendix5。PartyApromisestodiscloseconditionofthePropertytitle,furbishingandfacilitiesandotheraffairs，andPartyBfullyunderstandstheaforesaidmattersandiswillingtopurchasetheProperty。Article2PartyAandPartyBagreetosellandpurchasethesaidPropertyatthepriceof(_____currency）（inwords）:.4PartyB’spaymentmethodandtermshallbesetforthinpaymentclauses(Appendix3)，andPartyAshalldelivertaxinvoicetoPartyBafterreceivingPartyB’spayment.Article3ThelanduserightshallbehandledaccordingtoClause___upontransferofthesaidPropertybyPartyA。thelanduserightoccupiedbythesaidPropertyshallcommencefrom________andterminateon________。AfterPartyAtransfersthePropertytoPartyB，therightsandobligationsasstatedinLandGrantContractshallbetransferredtoParty。Bformalitiesofgrantoflanduserightaretobehandledunderlaw，regulationsandrulesofPeople’sRepublicofChina，andlandpremiumshallalsobepaid._____________________________________________________________________________________________________________________________Article4BothpartiesagreethatPartyAshallemptythePropertyandnotifyPartyBtohandleinspectionanddeliveryproceduresofthesaidPropertypriorto_________。Within_____daysafterreceiptofsuchnotification，PartyBshallcheckandinspecttheProperty,furbishingandfacilities.［Executionofdeliverysheet]［PartyAdeliveryofkeystothesaidPropertytoPartyB］［______________］isdeemedastotransferoccupancyofthesaidProperty.Article5PartyApromisestoassumecompensationforfurbishingandfacilitiesassetforthinAppendix2tothesaidPropertyincaseofanydamagesorbeingremovedbasedupon[____timesestimatedvalue]［actualvalue________Renminbi].Article6Bothpartiesconfirmthat[bothpartiesjointlyentrust］［entrustPartyA］[entrustPartyB]［entrust___________］toapplyandhandletransferprocedureswithHouseandLandExchangeCenterwithin_______daysuponexecutionofthisContract.ThedateoftransferofthesaidPropertytitleshallbesubjecttothereceiptdatewhenShanghaiLuwanHouseandLandExchangeCenteracceptsapplicationofsuchtransfer,unlessitrefusessuchapplicationpursuanttorelevantlaw.5PartyApromisestopositivelyassistPartyBorPartyA'sagentinhandlingtransferprocedures。IfPartyAintentionallydelaysorrefusestosupplynecessarydocumentsinatimelymanner,PartyBisentitledtoclaimagainstPartyA’sliabilitiesasstipulatedinArticle10herein。Article7AssumptionofriskrelatedtothesaidPropertyistransferredtoPartyBatthedateof[transferofthePropertyTitle]［transferofoccupancyoftheProperty].Article8PartyAandPartyBshallrespectivelypayfeesandtaxespursuanttorelevantlawandregulationsuponeffectivenessofthisContract.Unpaidfeesandchargesofmanagement,water,electricity，naturalgasandtelecommunicationandassucharetobepaidaccordingtoAppendix4priortotransferof[thesaidPropertytitle][occupancyoftheProperty]。Feesandchargesincurredaftertransferof[thesaidPropertytitle］［occupancyoftheProperty].Article9IfPartyBfailstopaythepurchasepricewithintheagreedtimelimit,PartyBshallpaytoPartyApenaltyinterestonarateof0.000___％foreachdaybasedondelayedamountfromthedatefollowingthedateonwhichthepaymentshallbemadeuntilthedateonwhichthepaymentisactuallymade.IfPartyBdelaystopaythepurchasepricefor____days,PartyAshallhavetherighttoclaimagainstPartyBbywayofstatedinClause___belowinadditiontopaymentofpenaltyinterestfor___daysbyPartyBtoParty：thisContractshallcontinuetobeperformed，andPartyBshallalsopaytoPartyAthepenaltyinterestonarateof0。000____%foreachdaybasedondelayedamountuntilthedateonwhichthepaymentisactuallymade。PartyAhasrighttounilaterallyterminatethisContractprovidedthatPartyBisliableforcompensationatrate__％ofthepurchasepriceuponreceiptofPartyA’ssuchwrittennotice,andPartyAmaydeductthesumequivalenttothepenaltyinterestandcompensationfromamountpaidbyPartyBandrefundtheremainingamounttoPartyB.IftheamountpaidbyPartyBisinsufficientforthepenaltyinterestandcompensation，PartyBshallpaytoPartyAwithin___daysupon6receiptofsuchwrittennotice._________________________________________________________________________________________________________________Article10IfPartyAfailstohandoverthesaidPropertyinaccordancewiththisContract(includinghandoverofthePropertyandtransferofthePropertytitle）,PartyAshallpayPartyBthepenaltyinterestonthepurchasepricealreadyreceived。Thepenaltyinterestshallbecalculatedbasedontherateof0。000_%fromthedayfollowingthedateonwhichthesaidPropertyshouldbedeliveredpursuanttoArticle4andArticle6untilthedateofactualdelivery.Ifthehandoverisdelayedmorethan__days,PartyBshallhavetherighttomakeclaimsagainstPartyBbywaystatedinClauseCbelow:1)PartyAshallpaytoPartyB0。000__%ofallamountPartyBhaspaidaspenaltyinterestuntilthedateonwhichthehandoverisactuallycompletedandthisContractshallcontinuetobeperformed。2)PartyBshallhavetherighttounilaterallyterminatethisContractuponservingwrittennoticeonPartyA.PartyAshall，withindaysfromreceiptofthenotice，refundPartyBofallthepurchasepricepaidbyPartyB,aswellasapenaltywhichisofthetotalpurchaseprice。（3）___________________________________________________________________________________________________________________Article11Thepartiesmayexecutesupplementaryclausesuponmutualagreementpursuanttorelevantlawandregulations。TheSupplementalClausesexecutedbybothPartyAandPartyBshallformanintegralpartofthisContract.SupplementalClausesshallhavethesamelegaleffectasthecontextofthisContract.Article12ThisContractcomesintoeffectupon［executionbyPartyAandPartyB］not