First, how to terminate the loan contract
According to the provisions of China's contract law, there are two ways to terminate a contract: negotiation, agreement and legal termination. 1. Both parties agree to dissolve Article 93 1 of the Contract Law, and the parties can dissolve the contract through consensus. 2. Both parties agree to terminate the loan contract. The loan contract of both parties may be terminated if the conditions for termination of the contract are agreed and met. Three. Legal rescission Legal rescission refers to the right and obligation of one party to terminate the contract by exercising the right of rescission in accordance with the law when the situation stipulated by law occurs. According to the relevant provisions of China's contract law, the parties may terminate the contract under any of the following circumstances: (1) the purpose of the contract cannot be achieved due to force majeure; (two) before the expiration of the performance period, one party clearly stated or indicated by its own behavior that it would not perform the main debt; (three) one party delays the performance of the main debt and fails to perform it within a reasonable period after being urged; (4) One of the parties delays the performance of debts or commits other breach of contract, which makes it impossible to achieve the purpose of the contract; (5) Other circumstances stipulated by law.
2. What are the terms of the loan?
The loan amount can be estimated according to the contract price ×85%, and the approximate evaluation price can be estimated. Buying a house with a loan requires the following conditions:
(1) A natural person with civil capacity;
(2) A developer with permanent residence or valid residence status in a town;
(3) Having a stable occupation and income and good credit service ability;
(four) to conclude a contract or agreement for the purchase of houses;
(5) If there is no housing subsidy, it shall be the down payment of not less than 30% of the housing purchase price; 30% of the individual housing subsidy is used as the down payment for house purchase;
(6) Assets recognized by the lender as mortgage or pledge, or units or individuals with sufficient compensation capacity;
(7) Other conditions stipulated by the lender.
Third, how to terminate the loan contract?
People's Republic of China (PRC) Civil Code
Article 563 The parties may terminate the contract under any of the following circumstances:
(a) the purpose of the contract cannot be achieved due to force majeure;
(two) before the expiration of the time limit for performance, one party clearly indicated or indicated by his own behavior that he would not perform the main debt;
(three) one party delays the performance of the main debt and fails to perform it within a reasonable period after being urged;
(4) One of the parties delays the performance of debts or commits other breach of contract, which makes it impossible to achieve the purpose of the contract;
(5) Other circumstances stipulated by law.
For an indefinite contract whose content is to continue to perform debts, the parties may terminate the contract at any time, but they shall notify the other party before a reasonable time limit.
By reading the above, I believe you have a clear understanding of how to terminate the loan contract. The above is to introduce in detail how to terminate the loan contract for everyone. If you have any other legal questions, please feel free to consult, and we will have a professional lawyer to answer them for you.