house sales contract party a ( bargainor ) : zhao xiaoxi party b ( bargainee ) : shaanxi jialong hi - tech industrial co., ltd according to the contract law of the people's republic of china, the laws of the people ’ s republic of china on urban real estate administration and other relevant laws and rules, the bargainor and bargainee have hereby concluded the agreement for sale of the housing as follows on the basis of equality, free will and mutual consultation : clause one : basic information about the house the house locates at room 2302, 23 / f, suit b, building 1 of huajing square, no. 20 fenghui south road, high - tech development zone, xi ’ an city, shaanxi province with the construction area of 107. 35m2 ( refer to the attached house floor plan ). clause two : contract price the purchasing price of the house shall be rmb558, 220. 00yuan ( in words : rmb five hundred and fifty - eight thousand two hundred and twenty yuan only ). clause three : mode and term of the payment mode of payment : party b shall pay in full the total house price on april 10th, 2007. party a shall issue a receipt to party b after collecting all the payment. clause four : party b ’ s responsibility of violating the contract by overdue payment if party b fails to pay the house price on time, as per day delay, party b shall pay 0. 1 % of the total house price as violating fine to party a. clause five : delivery the house party a shall empty and deliver the house to party b prior to april 6th, 2007 and hand on the house property certificate and relevant document to party b ; meanwhile, party b shall issue a delivery proof. clause six : party a ’ s responsibility of violating the contract by overdue house delivery if party a fails to deliver the house on the contracted time, as per day delay, party a shall pay 0. 3 % of the total house price as violating fine to party b. if it is 3 months overdue, party b has the right to terminate the contract ; at the same time, party a shall refund all the house price collected from party b and shall pay a certain compensation fund with the amount of the paid house price to party b. clause seven : party a ’ s warranty party a shall pledge that the subject house has a clear property right, no other rights settled