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What conditions can cancel the house purchase contract

 What conditions can cancel the house purchase contract
At present, the real estate market in China is still hot, and the number of house sales is still large. Many houses can be seen in front of buyers, who may buy houses because of investment or residence. They must protect their legitimate rights and interests in the fault of buying and selling houses. In the transaction of housing sales, the probability of disputes is not small, and the most common dispute is the housing sales contract dispute. The causes of disputes may be diverse, and different solutions will naturally be different.
2024-06-20 15:40:20 1273 people helped

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What conditions can cancel the house purchase contract
In case of any of the following circumstances, both parties can choose terminate a contract :
(1) The purpose of the contract cannot be achieved due to force majeure;
(2) If, before the end of the performance period of the contract, one of the parties has clearly expressed in oral or written form or implied by its own behavior that it will not perform the main debt ;
(3) If obligor Failing to perform major debts on time, and still failing to perform within a reasonable period after effective urging;
(4) If one party fails to perform its obligations on time or has other breach of contract, these behaviors make it difficult to achieve the purpose of the contract;
(5) According to relevant laws statute Other provisions may lead to Termination of Contract The situation of.
Civil Code 》Article 590
If a party is unable to perform the contract due to force majeure, it shall be exempted from liability in part or in whole according to the impact of the force majeure, except as otherwise provided by law.
If a contract cannot be performed due to force majeure, the other party shall be notified in a timely manner to mitigate the losses that may be caused to the other party, and proof shall be provided within a reasonable period of time.
If force majeure occurs after the party delays performance, it shall not be exempted Liability for breach of contract
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