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  • Oral contracts are favored for their simplicity and efficiency, and are suitable for quick and simple affairs. However, the lack of documentary evidence may lead to difficulties in dispute resolution. Complex or important matters should not be agreed orally. Even if there is no clear text record, the purchase invoice can be used as proof afterwards. The formation of an oral contract needs the support of factual evidence, and the liability for breach of contract also applies, regardless of whether there is written evidence. #Contract affairs 1440 readings
  • The amount of liquidated damages for check-out shall be subject to the contract terms and regulations, and the agreement shall be performed preferentially. If the contract clearly stipulates, it shall be implemented; If there is no express provision, it shall be handled according to law. Normally, the liquidated damages without specifying the proportion shall not exceed 30%. Both parties shall bear the responsibility according to the size of the fault. If the penalty is too low or too high, the court or arbitration institution can adjust it to the actual loss range to safeguard the rights and interests of the parties. #Contract affairs 1224 readings
  • The penalty for returning the house, parking space and deposit shall be handled in accordance with the contract. If the amount of penalty is specified, the contract shall prevail; If there is no agreement, the legal upper limit shall not exceed 30%. Both parties shall be liable for joint breach of contract according to the degree of fault. If the agreed penalty is lower than the actual loss, an increase can be applied for, and if it is too high, an adjustment can be applied for, subject to the laws and regulations. #Contract affairs 1397 readings
  • The relationship between liquidated damages and commission depends on the contract terms and laws, and the contract is dominated by both parties. If there is a clear agreement on liquidated damages, it shall be followed; If there is no written agreement, it shall be handled according to laws and regulations, and the general penalty shall not exceed 30% of the actual loss. Both parties shall share the liability for breach of contract due to joint negligence. If the penalty is unfair (too high or too low), it can be adjusted through judicial channels. #Contract affairs 1226 readings
  • Priority as agreed in the contract: whether the return of compensation includes the deposit shall be subject to the contract, and if there are detailed provisions on liability for breach of contract and amount, the contract shall prevail; If there is no clear provision, it shall be handled in accordance with the law, and the general upper limit is 30%. If both parties have faults, they shall be liable in proportion to their faults. The liquidated damages can be adjusted, and can be increased by the court or arbitration institution if it is lower than the actual loss. If the agreement is too high, evidence explanation shall be provided, and the fine will be reduced as appropriate. #Contract affairs 942 readings
  • The liquidated damages shall be paid in accordance with the contract, and the contract terms that specify the liability for breach of contract shall prevail. The maximum limit is the percentage agreed in the contract (usually not more than 30%). If there is no agreement, it shall be handled according to law. The fault of both parties shall be shared as fault. If there is a large gap between the penalty and the loss, it will be adjusted according to the actual situation. If it is too high or too low, it can be adjusted through negotiation. #Contract affairs 1315 readings
  • The payment of liquidated damages shall be in accordance with the house purchase contract, and the contract shall be executed if there is a clear liability for breach of contract and the amount; If there is no provision, refer to the laws and regulations, and the general liquidated damages shall not exceed 30% of the compensation amount. If both parties are at fault, the liability shall be determined according to the degree of fault. If the contract penalty is inconsistent with the actual loss, it can be appealed and adjusted according to law. If it is too high or too low, it can be applied for reduction or increase. #Contract affairs 1449 readings
  • Waiver of the claim is equivalent to breach of contract, and the developer must be paid liquidated damages according to the contract terms. When the contract is terminated, the liquidated damages shall comply with the agreement; In the absence of explicit provisions, the defaulting party shall be liable. The penalty is generally limited to 30% of the actual loss and will be adjusted according to the fault of both parties. If the amount of liquidated damages is inconsistent with the loss, it will be adjusted according to the application; If it is too high or too low, it will be judged fairly. #Contract affairs 1368 readings
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