Selling a house is not a very simple matter. When selling a house, many people may break the contract, especially the landlord. In fact, when we buy and sell a house, both parties will sign a contract to sell the house, which is also the basis for dealing with breach of contract in the later stage. Then let's look at the upper limit of liquidated damages in the contract for selling houses. How to break the contract when selling a house?

What is the maximum penalty for selling a house?

Article 16 of the Interpretation of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Disputes over Commercial Housing Sales Contracts stipulates that if the parties demand a reduction on the grounds that the agreed liquidated damages are too high, they shall appropriately reduce them on the basis that the liquidated damages exceed 30% of the losses caused; If the parties demand an increase on the grounds that the agreed liquidated damages are lower than the losses caused, the amount of liquidated damages shall be determined according to the losses caused by the breach of contract. The amount of liquidated damages shall be agreed by both parties in the contract. If there is no agreement, in any of the following circumstances, the liquidated damages shall be determined according to the prescribed standards.

1. If the real estate is not delivered within the specified time due to the fault of the real estate transferor, the liquidated damages paid by the transferor to the transferee shall be twice the interest of the transferred price calculated according to the deposit interest rate published by the People's Bank of China for the same period.

2. If the transferee fails to pay the transfer price within the agreed time due to the fault of the real estate transferee, the liquidated damages paid by the transferee to the transferor shall be twice the interest of the overdue transfer price calculated according to the deposit interest rate published by the People's Bank of China for the same period.

How to break the contract when selling a house?

1, default can be made at any time without any time limit. However, in case of breach of contract, it is necessary to bear the liability for breach of contract. That's 20% of the contract, no problem. It's still very expensive to return all the money.

2. There are three main situations in which the buyer breaches the contract. One is the breach of contract caused by the failure to pay the house price as agreed in the contract. One is that in the process of real estate transaction, the house tends to depreciate, which will lead buyers to give up the deposit instead of continuing to buy a house; The other is that when the seller does not have enough funds to pay off the bank loan and the buyer needs to go through the formalities of foreclosure, the buyer may be unwilling to continue buying a house because of the complicated procedures in this process.

3. If the buyer breaches the contract, the seller can bring a lawsuit to the court, asking the buyer to bear the liability for breach of contract and continue the transaction according to the contract requirements. Of course, you can also directly ask the other party to pay a certain amount or liquidated damages determined according to certain standards according to the breach of contract.

The above article has given you a detailed interpretation of all the knowledge about the upper limit of liquidated damages for selling houses, as well as the knowledge of how to regret selling houses and break the contract. I hope I can help you. Under normal circumstances, the contract penalty will be stipulated in the relevant terms when signing. First, it will be handled according to the contract, but the premise is that it meets the legal requirements.