This excerpt taken from the SOHU 10-Q filed May 8, 2007.
Article 11 Hand-over Procedure
1.
Should the house is qualified with the delivery terms as set out in Article 9, the Seller shall, within 7 days prior the delivery day, give the Buyer a written notice specifying the
date of hand-over, the venue and all the required certificates or documents. When the parties hand over the house, the Seller shall produce with the Buyer all the certificates and documents specified in Article and perform other obligations set
forth in Article 9. Should the Seller fail to supply part or all such certificates or documents, or perform other obligations specified in Article 9, the Buyer shall have the right the reject the house and the Seller shall assume all the liabilities
of overdue delivery arising therefrom and assume the liabilities specified in Article 10.
2.
After the house is inspected and handed over, the parties shall sign the hand-over paper. If the hand-over can not be fulfilled due to the fault of the Buyer, the parties agree as
follows:
X .
3.
The parties agree that the taxes and fees shall be paid in the following 1 manner.
a)
The Seller shall not obligate the Buyer to pay all the taxes and fees as a condition of delivering the house.
×
b)
The Buyer agree that the Seller pay the taxes and fees specified in the following X , X ,
X , X , X and X for the Buyer, and the Buyer shall reimburse the Seller for such taxes and fees at the time of taking over the
house.
i.
Maintenance fund;
ii.
Deed tax;
iii.
Fees of house management service specified in Article 20;
iv.
Fees of heating services;
v.
X
vi.
X
c)
The Buyer shall pay to the appropriate authorities the taxes and fees specified in the following X , X ,
X , X , X and X , and shall produce with the Seller the official receipt and documents of the payment.
i.
Maintenance fund;
ii.
Deed tax;
iii.
Fees of house management service specified in Article 20;
iv.
Fees of heating services;
v.
X
vi.
X
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