Real Estate Sale and Purchase Contract

Contract No.: _______________

Party A (Seller): _______________
ID/Passport No.: _______________

Party B (Buyer): _______________
ID/Passport No.: _______________

Place of Signing: _______________
Date of Signing: ____ (Year) __ (Month) __ (Day)

Article 1. Property Subject

  1. Property Address: _____________________________
  2. Property Type: Residential / Commercial / Apartment / Other (specify).
  3. Building Area: ______ square meters.
  4. Land Use Right: Granted / Allocated / Freehold / Leasehold (to be specified by Seller).
  5. Ancillary Facilities: ________________ (e.g., parking space, storage room, etc.).

Article 2. Purchase Price and Payment Method

  1. Total Purchase Price: (Currency).
  2. Payment Method:
    1. Down Payment: ______, to be paid by Buyer on the signing date or within __ days.
    2. Remaining Balance: ______, to be paid by Buyer before completion of title transfer or within __ days.
    3. If bank financing is involved, Buyer shall make payments according to the loan agreement.
  3. Payment Channel: Primarily via bank transfer, or by other methods mutually agreed upon by both parties.

Article 3. Delivery and Title Transfer

  1. After receiving the full purchase price, the Seller shall deliver the property to the Buyer.
  2. Both parties shall, within __ days after signing this contract, jointly complete the registration of property ownership transfer.
  3. Taxes and fees related to the title transfer shall be borne as follows:
    1. Deed Tax: borne by Buyer / shared by both parties.
    2. Stamp Duty and Registration Fees: borne by ______.
    3. Agency Service Fees: borne by ______.

Article 4. Ownership Guarantee

  1. The Seller guarantees that the property ownership is clear, free of mortgage, seizure, dispute, or any other encumbrances.
  2. If Buyer fails to obtain ownership due to title issues, Seller shall refund all payments received and compensate for losses.

Article 5. Property Condition

  1. The Seller shall truthfully disclose the current condition and history of the property (e.g., rental status, major repairs).
  2. The Buyer has inspected the property on site and confirmed its condition: ________.
  3. The list of furniture, appliances, or decoration standards attached to the property is provided in the annex and shall be confirmed by both parties upon handover.

Article 6. Risk Transfer

  1. From the date the ownership transfer registration is completed, risks and benefits of the property shall be borne by the Buyer.
  2. Before transfer, if the property is destroyed or damaged due to force majeure, this contract may be terminated, and the Seller shall refund payments made by the Buyer.

Article 7. Contract Termination

  1. If the Seller fails to deliver the property or assist with title transfer as agreed, the Buyer has the right to terminate the contract and request a refund of payments made plus liquidated damages.
  2. If the Buyer fails to make payment as agreed, the Seller has the right to terminate the contract and forfeit the deposit / claim damages.

Article 8. Liability for Breach of Contract

  1. If the Seller breaches the contract, Seller shall refund payments made by the Buyer and pay liquidated damages equal to __% of the total contract price.
  2. If the Buyer breaches the contract, Buyer shall pay liquidated damages equal to __% of the total contract price to the Seller.

Article 9. Dispute Resolution

  1. The laws of the place of signing shall apply to this contract.
  2. Disputes arising from the performance of this contract shall be settled through negotiation; if negotiation fails, the case may be submitted to the court or arbitration institution at the place of signing.

Article 10. Miscellaneous

  1. This contract is executed in two originals, with each party holding one copy, both having equal legal effect.
  2. Matters not covered herein may be separately agreed upon in a written supplementary agreement signed by both parties.

Signatures

Party A (Signature): __________________
Party B (Signature): __________________
Date: ____ (Year) __ (Month) __ (Day)