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Risk burden rules of real estate sales contracts
Legal subjectivity:
The application of the risk-taking rules in the contract: the application of the risk-taking rules in specific circumstances and the risk transfer of the subject matter in transit. The application of risk-taking rules in case of breach of contract; Risk transfer in case of delayed acceptance. Risk burden is also called "risk burden" and "risk responsibility". Risks borne by both parties to the contract due to the performance of the subject matter.
Legal objectivity:
According to Article 573 of the Civil Code, after the subject matter is deposited, the risk of damage or loss shall be borne by the creditor. During the period of escrow, the fruits of the subject matter belong to the creditors. The deposit fee shall be borne by the creditor.
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