Core Viewpoint - The Beijing Municipal Commission of Housing and Urban-Rural Development has released a draft for public consultation regarding the revised standard texts for pre-sale and existing housing sale contracts, aimed at regulating real estate sales, mitigating transaction risks, and protecting the rights of both buyers and sellers [1]. Group 1: Contract Revisions - The revised pre-sale contract standard text consists of nine chapters, 29 main clauses, and 11 attachments, covering essential aspects such as transaction details, payment conditions, delivery procedures, area discrepancies, design changes, quality responsibilities, contract registration, and property management [1]. - The existing housing sale contract standard text includes seven chapters, 26 main clauses, and 12 attachments, excluding area discrepancies and design changes [1]. Group 2: Buyer Protections - The revised text introduces a provision allowing buyers to choose whether to use a designated third-party agency for property transfer, with specific agreements on fees to be established [2]. - A new clause ensures that if the physical contract is not delivered to the buyer within an agreed timeframe, the seller must pay a penalty, thereby safeguarding buyer interests [2]. - The text emphasizes that sellers cannot refuse buyers' use of housing provident fund loans and cannot impose conditions that hinder this right [2]. Group 3: Compliance and Restrictions - The revised text reiterates that sellers are prohibited from collecting taxes and fees that should be paid by buyers and cannot make payment of agency fees a condition for processing delivery procedures [3].