Double contract is another contract developed by developers or buyers in order to circumvent some government policies. The government will introduce measures to limit the launch of those properties with higher prices, which will affect the real interests of developers, so they have come up with double contracts to avoid these things.

One is the contract when the government guides the sale of house prices, and the other is to supplement the fees in the name of decoration, water and electricity. Houses with double contracts should submit more down payment and money than other houses.

First of all, it needs to be clear that "double contract" is illegal and not protected by law. Once there is a dispute in the future, it is difficult for buyers to defend their rights. Since last year, Zhongshan has implemented a policy of restricting online signing. In order to withdraw funds, some properties have taken risks and launched "double contracts".

For consumers, we should be aware of the policy risks and commercial risks of "double contracts". On the one hand, the online signing record price only shows the price in the purchase contract, and it is difficult to defend rights in the event of disputes in the future; On the other hand, the high-priced part of renovation contract can only use short-term commercial loans, which will bring great financial pressure to property buyers.

References:

People's Network-Severe punishment must be strictly controlled to eradicate the "double contract" in the property market