Traditional Culture Encyclopedia - Almanac inquiry - Is the intermediary contract for the sale of houses a purchase contract?
Is the intermediary contract for the sale of houses a purchase contract?
1. There are only a few parties to a sales contract, while an intermediary contract is composed of three parties: the buyer, the seller and the middleman.
2. The sales contract is that the buyer and the seller directly reach an agreement on the sale of the house, and the signing of the contract and the payment of the house purchase price are completed between the two parties; Intermediary contract means that the intermediary completes the performance of the contract on behalf of the principal according to the intention of the principal, without the parties themselves.
3. The intermediary agreement of the house sale only indicates the intention of buying a house, and the house sale contract is to reach an agreement directly on the house sale. If the sales contract is not signed, the intermediary agreement will naturally terminate.
Legal basis: Civil Code of People's Republic of China (PRC).
Article 961 An intermediary contract is a contract in which the intermediary reports to the client the opportunity to conclude a contract or provides media services for concluding a contract, and the client pays the remuneration.
Article 962 The broker shall truthfully report to the client the matters related to the conclusion of the contract. If the broker intentionally conceals important facts related to the conclusion of the contract or provides false information, which harms the interests of the client, he shall not ask for payment of remuneration and shall be liable for compensation.
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