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What must a housing purchase contract cover?
(01/15/2003)

(1) Names and addresses of seller and buyer
(2) The location, area, floor level, number and orientation of the housing unit
(3) Who holds the land use right
(4) How the land use right was obtained and the period of use
(5) The purpose of building the housing
(6) The housing layout, structure, construction quality and standards for interior work
(7) The housing transaction date and quality guarantee
(8) The housing prices, method of payment and loan periods
(9) Responsibilities for breach of faith
(10)  Methods for resolving disputes
(11)  Other items agreed on by seller and buyer