New Property Sale and Purchase Agreement

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

Article 1: Parties to the Contract

Party A (Developer / Seller): ___________________________
Unified Social Credit Code: _______________________
Registered 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. Structure & Renovation Status: _________________________
  6. Property Certificate / Pre-sale Permit No.: _________________________

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 after property handover and inspection approval.
  3. Payment Schedule & Method: Party B shall pay according to the agreed timeline via bank transfer or other lawful methods.

Article 4: Contract Performance & Handover

  1. Handover Date: Party A shall hand over the property to Party B by ____ / ____ / ____ (YYYY/MM/DD).
  2. Handover Standard: The property shall meet national residential construction standards and the agreed renovation standards in this contract.
  3. Party A shall provide property keys, supporting facilities, and relevant documents (property certificate, user manuals, etc.).
  4. Party B shall complete the Property Inspection Confirmation Form upon inspection.

Article 5: Property Ownership

  1. Party A guarantees that the property ownership is legal, free of mortgage or disputes.
  2. Party A shall assist Party B in completing the property transfer procedures. Taxes and fees shall be handled according to national and local regulations.

Article 6: Breach of Contract

  1. If Party B fails to pay as agreed, Party A has the right to charge a penalty of ______% on the unpaid amount.
  2. If Party A fails to deliver the property as agreed or delivers an unqualified property, Party A shall refund all received payments and pay a penalty of ______%.
  3. In case of force majeure preventing contract performance, neither party shall bear liability, but prompt notice and negotiation are required.

Article 7: Ownership & Expense Responsibility

  1. Fees for property ownership registration shall be borne by ______.
  2. After handover, property management fees, utilities (water, electricity, gas), renovation costs, etc., shall be borne by Party B.

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, disputes 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.
  2. This agreement is made in two copies, one for each party, both having equal legal effect.
  3. Both electronic signatures and paper signatures are valid.

Signatures

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

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