Real Estate Purchase Contract
Party A: Harbin Itokin Garments Co., Ltd
Party B: Harbin Golden Sea Technology Printing Co.,
Ltd.
In
order to guarantee the legal benefits of both parties, issues
concerning the building purchasing are entered into as
follows:
I .
In accordance with the negotiation
between both parties, Party A agrees to sell the building and land,
which is located in No.4, Yantai Street, Haping Road Centralized
Park, Harbin City to Party B. The total building area is 10,284.33
㎡ and
the land area is 20,696.5 ㎡
.(The Property Ownership Certificate: HAFANGQUANZHENGPINGZI
No.00001971, No.00001970, No.00001969, No.00001968 and State-owned
Land Use Certificate: HAGUOYONG (98) No.570 ).
II .
The Total Purchase Price Shall be RMB14,000,000 (USD$1,894,452) .
Other taxes or fees payable for the delivery of building and land
and changing the title are exclusive.
III . Payment Term: Party B
should pay RMB14,000,000 (USD$1,894,452) to Party A at
one time. Within the two days after the contract is signed, Party B
should deposit the payment RMB14, 000,000 (USD$1,894,452) to Party
A‘s account in form of bank draft. Party A shall check the
account to confirm the money and thereafter shall deliver the
Property Ownership Certificate and the State-owned Land Use
Certificate to Party B.
IV .
According to the rules made by Harbin House Trading Center, both
parties should offe
