Building Property Transfer Agreement
Seller
:
Tianjin
Milk Goat Dairy Co., Ltd. ( hereinafter
to be addressed as Party A)
Purchaser:
Tianjin Yayi Industrial Co., Ltd. (hereinafter to be addressed
as Party B)
In
accordance with the Contract
Law of the People’s Republic of China and laws and
regulations related to building property ,
Party A and Party B have reached an agreement under the
principle of being equal, voluntary,
fair, honest credit, law-abiding to
conclude the following contract.
Article1.
Party B purchases party A’s 4-story office building,
which locates at
the crossing between Jinghai Road and Yunshan Road in the new
zone of Jinghai Development Zone, with a construction
area of 7,800 square meters.
Article2.
The trading price of the above mentioned building property is
RMB3,800 per square meter; the aggregate is RMB 29,640,000
(¥ 29.64 million).
Article3.
The payment term is to prepay the building property
transfer payment i
n
accordance with the progress of the project.
1.
As party A will build the four-story office building
completely according to the requests of party B, party B
should prepay 70% of the building payment, which is RMB20.748
million
(including
building property transaction tax, 3% of the total building
payment, and stamp tax, 0.05% of the total building payment).
The above mentioned payment should be paid within 15 days
after the agreement is signed.
After
the completion of construction, if the amount of the building
property transfer pre-payment, fixed according to the invoice
provided by party A, exceeds the amount stated in the
agreement, party A should return the extra amount to party B.
If the amount of the building property transfer pre-payment,
fixed according to the invoice provided by party A, is less
than the amount stated in the agreement, party B should pay
off the balance at one time within 30 days after checking and
ac
