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Can Laishui Huayin City check out?
According to the relevant provisions of laws and regulations, the purchaser cancels the house sales contract due to the developer's breach of contract, and requires the developer to return a house for repayment. Specific circumstances that may require check-out include:
1. If the developer delays the delivery of the house and fails to deliver the house within a reasonable period of three months after being urged by the buyer, the buyer has the right to terminate the contract.
2. If the buyer's loan application is not approved, and the contract cannot be continued because the buyer's loan application is not approved, the developer may be required to return the house.
The two parties to the contract can't reach an agreement on the payment method. If the buyer and the developer can't reach an agreement on key terms such as payment method, they can also request to return the house.
In the check-out process, you need to send a check-out notice first, and then complete the formalities within 15 days. Specifically, the developer should return all the purchase money to the buyer after the buyer issues the return notice, and complete the repayment procedures of the provident fund management institution or the loan bank. If the above contents cannot be completed, the developer shall pay the corresponding liquidated damages to the buyer on a daily basis from 16, when the buyer sends out the delivery rejection notice, to the date when the buyer obtains all the house payment.
The above contents are for reference only, please consult relevant personnel or legal professionals in detail for specific matters.
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