Shanghai Residential Real Estate Sales and Purchase Contract(Number of the contract: 11111111)Set person of the real estate sales and purchase contract:The Seller (Part A): YANG BABAThe Buyer (Part B): YAO BUYER; ZHANG BUYER; ZHANG BUYER2In accordance with the relevant laws and regulations in the Peoples Republic of China and the relevant regulations in Shanghai, Both Part A and Part B agree to sign the contract showing clearly that Part B will buy the house from Part A on equality, willingness and agreement from both sides basis, which will be serves as an evidence for both sides to abide by.Item 1 Part A agrees to sell the house and land tenure in the range the right of use of the house(that will be shorted as: real estate). The detail status is shown as follow:(I) The certificate number of the house which Part A get legally: SONG1999001111(II) The real estate located in Room 401, No.57, XXX XXX Village, Songjiang District (Position: Room 401 ) house type ; house structure admixture 1 (III) The house gross size 106.68 centiare. Land tenure in the range the right of use of the house【area of sharing】 0 centiare.(IV) House ichnography and rang of the house see (Appendix one)(V) Land tenure in the range the right of use of the house is State-owned; the right of use of the state land is obtain by sells.Item 2 Both sides have reached agreement on the price of the house to be sold at (REN MIN BI) 500000Yuan. （capitalization）：FIVE HUNDRED THOUSAND.The payment method and payment terms of Party B shall be clearly stated by both parties in the payment agreement (Appendix 3). After Party B pays for the house, Party A shall draw out a receipt conforming to the taxation regulations.Item 3 When Part A transfer the real estate, the tenure of land will be deal with the item NO: 1 shown as below.(I ) Part A obtain the use period of the right of use of the state land from Year Month Day to Year Month Day, there into, Part B in accordance to this contract gain the real estate, obtain the use period of the right of use of the state-owned land from Year Month Day to Year Month Day, as Legally use the date of expiry of the right of use of the state-owned land.(II)(III)Item 4 Both sides have reached agreement that Part A should vacate before the day Year 04 Month 30 Day this house and inform Part B to check and accept. Part B should check the decoration、equipment in the house from the day Part B receive the information in 5 days. After checking, Party A shall transfer the keys of the house to Party B, which indicates the transference of the house. Item 5 Party A promises that if there is any damage or demolition to the house decorations or auxiliary facilities during the period from the agreement-signing date to the house acceptance date, it shall pay Party B the penalty of RMB Yuan, which is equivalent to the value of the damaged or demolished facilities.Item 6 Party A and Party B agree to apply for the house transference at the real estate exchange before April 30th, .Item 7 The right of the land within the scope of the house and the principal and interest of the maintenance foundation for the public place should be considered as being transferred to Part B at the same time when the house is transferred to Part B. Item 8 After this contract becomes effective, both Part A and Part B should observe the national and this city related stipulation to pay the tax and fee.Before the real estate is shifted holds, the fee for realty management、water、electricity、gas、correspondence and so on had not been paid, they should be defrayed as Appendix four. Item 9 If Part B doesnt pay the payment in the time promised in this contract, Part A and Part B agree to deal that in the next items (I ) .(I) Exceeds the time limit per one day, Part B should pay the penalty in % of the payment which has not been paid to Part A.(II)(III)Item 10 If Part A doesnt delivery the real estate to the Part B in the time promised in this contract, Part A and Part B agree to deal that in the next items (I ) .(I) Exceeds the time limit per one day, Part A should pay the penalty in % of the payment which has been paid.(II)(III)Item 11 Under the principal that both sides have gained agreement on the added item or items which will definitely not violate any item mentioned above, more items can be added to the contract in the supplementary part, which will be considered as part of the contract and enjoy the same legal force.Item 12 This contract will go into effect from the day Part A and Part B signItem 13 If any dispute happens during the whole process, both sides should negotiate first with each other. If they fail to get agreemen