Common use of Handover Procedures Clause in Contracts

Handover Procedures. (I) After the Commercial House fulfils the delivery conditions as set out in Article 10, the Seller shall, 7 days prior to delivery day, notify the Buyer in writing of the time and place of handover procedures as well as the certificates needing to be taken. When both parties handle acceptance inspection and handover, the Seller shall present the certificates as stipulated in Article 10 and fulfill the other conditions as stipulated in Article 10. Where the Seller does not present certificates or presented certificates are incomplete, or the Seller does not fulfill the other conditions set forth in Article 10, the Buyer has the right to refuse to take over the house. The liability for delayed delivery arising therefrom shall be borne by the Seller and the provisions of Article 12 shall apply. (II) After acceptance inspection and handover, both parties shall sign the handover form of commercial house. If handover procedures are not handled on time for causes attributable to the Buyer, both parties agree as follows: If the Buyer does not take over the house within 15 days after the Seller gives a written notice to the Buyer, it shall be deemed that the Seller has delivered the house to the Buyer on the 16th day after the giving of the written notice and the Buyer shall undertake the responsibility; any quality problem found by the Buyer during takeover of the house shall be solved by the Seller within the time reasonably requested by the Buyer. (III) Both parties agree to pay taxes and fees by the means as listed in Paragraph 3 below. 1. The Seller shall not take the payment of taxes and fees by the Buyer as the condition for the handover of the Commercial House. 2. The Buyer agrees to entrust the Seller to pay the taxes and fees in Paragraphs ´, ´, ´, ´, ´ and ´ below on its behalf and further agrees to deliver the aforementioned taxes and fees to the Seller while it takes over the Commercial House. (1) Special maintenance fund; (2) Contract tax; (3) Property service fee as specified in Article 22; (4) Heating fee; (5) ´; (6) ´. 3. The Buyer will itself pay the taxes and fees in Paragraphs 1, 2, 3, ´, ´ and ´ below to relevant units and present to the Seller the payment vouchers while it takes over the Commercial House. (1) Special maintenance fund; (2) Deed duty; (3) Property service fee as specified in Article 22; (4) Heating fee; (5) ´; (6) ´.