After signing the subscription agreement, you should immediately start preparing for the formal contract signing. In legal terms, a "current property" refers to a property where the developer has already obtained the master title deed. Properties without the master title deed cannot be sold as current properties. Before signing, the buyer should be clear about the above classifications and request the seller to provide a correct contract text with a unified number. Before formal signing, the seller usually provides copies of the above contracts, and the buyer should request that the relevant content in the contract be filled out clearly; if the seller requests to sign a supplementary contract, the contract text should also be shown to the buyer in advance. The buyer should compare the above texts with the materials provided by the seller such as brochures. For items promised in the brochure but not agreed upon in the contract, these should be negotiated with the seller as a priority, especially regarding architectural culture. It is necessary (especially before the formal signing time stipulated in the subscription agreement) to timely feedback modification and supplementary opinions to the seller. During the signing process, the buyer should pay particular attention to ensuring there are no blank spaces left in the contract, and any modifications should require both parties' seals for confirmation. Regarding the annexes of the main contract, the buyer should especially take note. In Annex One, the house floor plan should require the seller to mark functions and areas, preferably with dimensions. Decoration and equipment standards should be as comprehensive and specific as possible, including not only the internal standards of the purchased property but also the facility and service standards for water supply, electricity supply, gas supply, heating, elevators, security, etc. Annex Two mainly refers to the common parts shared by all property owners, which should be verified according to relevant regulations to ensure their allocation complies with legal standards. Apart from signing the main contract, both parties can sign a supplementary contract regarding issues not covered in the main contract, such as the usage rate of the property, public supporting facilities, delivery methods of the property, application for property certificates, etc. After completing the signing, the buyer should pay the purchase price according to the payment method stipulated in the contract.
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Office Building - Introduction
Currently, two major evaluation standards are popular in the office building market: Class A office buildings and 5A office buildings. So-called Class A office buildings are actually a commonly used term without a fixed standard because no one wants to be called a Class B office building. Thus, almost any office building with glass facades, elevators, and relatively taller structures calls itself a Class A office building. In comparison, 5A office buildings do have certain standards, similar to hotel star ratings.
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