What should a second-hand house owner do if the price of the house rises after signing the contract?
After the seller signs the contract, if he/she raises the price unilaterally, it constitutes a breach of contract. The buyer can demand that the seller proceed with the transfer of ownership or terminate the contract and claim back the deposit, the breach of contract penalty, and the loss of the price difference. The buyer can protect his/her rights in accordance with Article 577 of the Civil Code...
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