The effectiveness of the subscription agreement is expressed as an agreement of intent. However, if the subscription agreement has the basic content of the house purchase contract, and the purchase money has been received as agreed. It should be recognized as a house purchase contract. It has legal effect under the conditions of compliance with the law. In case of violation of the agreement, it shall also bear the liability for breach of contract. Article 5 of the Interpretation of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Cases Concerning Disputes over Commercial Housing Sales Contracts stipulates that the agreements for subscription, ordering and reservation of commercial housing have the main contents of the commercial housing sales contract as stipulated in Article 16 of the Administrative Measures for the Sale of Commercial Housing, and the seller has received the purchase price as agreed, The agreement shall be recognized as a commercial housing sales contract.
 Legal basis, The agreement shall be recognized as a commercial housing sales contract.