Lawyer Gao Peng successfully filed enforcement objections on behalf of 11 homebuyers, ruling out court enforcement of the property
Basic facts of the case
The developer started selling the house in 2010, but due to not obtaining a pre-sale permit, they requested to sign a "Loan Agreement" with the buyer first, collect the down payment from the buyer and issue corresponding receipts. After obtaining the pre-sale permit, they signed a "Subscription Agreement" with the buyer in batches in 2014 and 2015, delivered the house to the buyer, and the buyer decorated and moved in the house, Afterwards, the homebuyer repeatedly urged the developer to sign the "Commercial Housing Purchase and Sale Contract", but failed to sign it.
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Focus of Case Dispute
The main focus of controversy in this series of cases is whether the buyer and developer only signed the "Loan Agreement" and "Subscription Agreement", but did not sign the formal "Commercial Housing Purchase and Sale Contract", which meets the conditions of Article 29 (1) of the "Provisions of the Supreme People's Court on Several Issues Concerning the Handling of Execution Objection and Reconsideration Cases by the People's Court" that "a legal and valid written sales contract has been signed before the People's Court seals it down".
The judge handling the first execution objection case believes that the "Subscription Agreement" is only an appointment contract and not a formally registered commercial housing sales contract, and does not meet the conditions specified above. Our lawyer, based on the content of two agreements, advocates that the "Loan Agreement" stipulates the house number, area, and housing price, and is not a true loan agreement. Instead, it establishes a de facto legal relationship between the house purchase and sale contract. Taking into account the fact that the buyer has already paid a portion of the purchase price and the developer has delivered the house, it can be determined that this case meets the conditions of Article 29 (1) of the "Implementation Objection and Reconsideration Provisions" mentioned above. Our lawyer's claim has been recognized by the judge handling the second execution objection case, ruling that the buyer's execution objection is valid and suspending the execution of the property involved in the case.
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