Frequently Asked Questions

30 2026-9

In a second-hand housing transaction, what losses can the other party be held liable for if they breach the contract?

If the other party to the second-hand housing transaction breaches the contract, the buyer may claim damages such as the deposit, the breach of contract penalty, the housing price difference, and the interest on the occupied funds; if the breach of contract penalty is too high, the buyer may request a reduction, and the claim should be made within the three-year statute of limitations.

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