According to the relevant laws and regulations: the Supreme People's Court's interpretation of some issues concerning the application of law in the trial of disputes over commercial housing sales contracts.
Article 4 If the seller accepts the buyer's deposit as the guarantee for concluding the commercial housing sales contract by subscription, order or appointment, and the commercial housing sales contract cannot be concluded due to one party, it shall be handled in accordance with the provisions of the Deposit Law; If the commercial housing sales contract cannot be signed due to reasons not attributable to both parties, the seller shall return the down payment to the buyer.
Article 19 As stipulated in the commercial housing sales contract, if the buyer fails to conclude the commercial housing secured loan contract due to one party's reasons, the other party may request to cancel the contract and compensate for the losses. If the commercial housing secured loan contract cannot be concluded due to reasons not attributable to both parties, and the commercial housing sales contract cannot be continued, the parties may request to terminate the contract, and the seller shall return the principal of the purchase price and its interest or deposit to the buyer.
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