Second-hand Property Sale and Purchase Agreement

Contract No.: _________________________
Place of Signing: ______________________
Date of Signing: ____ / ____ / ____ (YYYY/MM/DD)

Article 1: Parties to the Contract

Party A (Seller): ___________________________
ID / Passport No.: _______________________
Contact Address: ____________________________
Contact Number: ____________________________

Party B (Buyer): ___________________________
ID / Passport No.: _______________________
Contact Address: ____________________________
Contact Number: ____________________________

Article 2: Basic Information of the Property

  1. Property Name & Development Project: _________________________
  2. Property Address: _________________________
  3. Building Area: ______ square meters
  4. Property Type: □ Residential □ Apartment □ Villa □ Other: ________
  5. Current Condition & Renovation Status: _________________________
  6. Property Certificate No.: _________________________
  7. Property Ownership & Mortgage Status: Party A guarantees that the property is free of disputes or mortgages. Any existing mortgage or dispute must be notified to Party B in writing in advance.

Article 3: Transaction Price & Payment Method

  1. Total Property Price: RMB ______ (or USD ______).
  2. Payment Method:
    • Down Payment: RMB ______, payable upon signing this agreement;
    • Installment / Mortgage Payment: _________________________
    • Balance: RMB ______, payable upon completion of property transfer.
  3. Payment Schedule & Method: Party B shall pay according to the agreed timeline via bank transfer or other lawful methods.

Article 4: Handover & Inspection of the Property

  1. Handover Date: Party A shall hand over the property to Party B by ____ / ____ / ____ (YYYY/MM/DD).
  2. Handover Standard: The property will be delivered as-is. Party A shall inform Party B of the property’s structure, renovation, and facilities.
  3. Both parties shall jointly inspect the property and complete the Property Inspection Confirmation Form.
  4. Property keys and relevant documents (property certificate, user manuals, and supporting facilities) shall be handed over by Party A to Party B.

Article 5: Property Ownership & Transfer

  1. Party A guarantees that the property ownership is legal and undisputed.
  2. Party A shall assist Party B in completing property transfer procedures. Taxes and fees shall be borne according to national and local regulations:
    • Deed Tax: Paid by Party B
    • Stamp Duty: Paid by both parties according to regulations
    • Other Related Fees: ____________________

Article 6: Breach of Contract

  1. If Party B fails to pay as agreed, Party A has the right to demand a penalty of ______% and may terminate the contract.
  2. If Party A fails to deliver the property as agreed or the property has ownership defects, Party A shall refund all received payments and bear a breach penalty of ______%.
  3. In case of force majeure that prevents contract performance, neither party shall bear liability, but prompt notice and negotiation are required.

Article 7: Property Condition & Defects

  1. Party B acknowledges and agrees to purchase the property as-is.
  2. If undisclosed major defects are found after handover, Party A shall be responsible for repair or compensation.
  3. Party B shall not claim compensation for normal wear and tear or aging of renovations.

Article 8: Dispute Resolution

  1. This agreement shall be governed by the laws of the place of signing.
  2. Any disputes arising from this contract shall first be resolved through negotiation; if negotiation fails, the dispute may be submitted to the arbitration institution or people’s court at the place of signing.

Article 9: Other Provisions

  1. Matters not covered in this contract shall be resolved through a written supplementary agreement, which shall have the same legal effect as this contract.
  2. This agreement is made in two copies, one for each party. It shall take effect from the date of signing.
  3. Both electronic signatures and paper signatures are valid.

Signatures

Party A (Seller): _________________________ (Seal/Signature)
Date: ____ / ____ / ____

Party B (Buyer): _________________________ (Signature)
Date: ____ / ____ / ____