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Decision of the Standing Committee of Shenzhen Municipal People's Congress on Amending the Regulations of Shenzhen Special Economic Zone on Real Estate Transfer (1999)
Article 21 is amended as: "A real estate developer shall provide the transferee with a residential quality guarantee and a residential instruction manual when the real estate is delivered for use.

The residential quality guarantee shall specify the quality grade, warranty scope, warranty period and warranty unit approved by the engineering quality supervision unit. The real estate developer shall undertake the real estate warranty responsibility in accordance with the agreement of the residential quality guarantee, and the warranty period shall not be less than one year.

During the warranty period, if the maintenance of real estate by the real estate developer affects the original use function of the house and causes losses to the transferee, it shall be liable for compensation according to law. 2. Paragraph 2 of Article 26 is amended as: "If the transferor fails to deliver the real estate more than 90 days after the time stipulated in the real estate sales contract, the transferee has the right to terminate the contract, unless otherwise agreed by the transferor and the transferee." 3. Paragraph 2 of Article 27 is amended as: "If the transferee fails to pay the price for more than 90 days after the time stipulated in the real estate sales contract, the transferor has the right to terminate the contract, unless otherwise agreed by the transferee and the transferor." 4. Paragraph 2 of Article 28 is amended as: "If the price paid by the transferee is less than 50% of the payable price, the transferor may require the transferee to pay liquidated damages. If the transferee fails to pay the payable price after 90 days as agreed in the contract, the transferor has the right to terminate the real estate sales contract. " Five, delete the second paragraph of article thirtieth. 6. In the second paragraph of Article 34, delete "the commodity house that has been approved for export, and issue an export license for the commodity house". Seven. Article 39 is amended as: "The design of public facilities shall not be changed during the construction of pre-sold real estate. If it is really necessary to change the design, it shall obtain the consent of more than four-fifths of all transferees. " Eight, delete the fourth quarter "real estate underwriting" and forty-first, forty-second, forty-third, forty-fourth. 9. One article is added as Article 64 after Article 63: "If a real estate developer violates the provisions of Article 20 of these Regulations and delivers the real estate before the completion and acceptance of the real estate, the delivery behavior is invalid, and the transferee has the right to refuse to accept the delivery; The competent department may give a warning to the real estate developer or impose a fine of 10% of the transfer price; If the circumstances are serious, it will be punished by not giving the annual qualification examination or revoking the qualification certificate for real estate development. "

According to this decision, the order of some articles and paragraphs shall be adjusted accordingly.

This decision shall come into force as of the date of promulgation.

The Regulations of Shenzhen Special Economic Zone on the Transfer of Real Estate shall be revised and re-promulgated according to this decision.