REAL ESTATE SALES CONTRACT

Between Mr. _______________________________________, who accredits identity with DNI:

Nº ______________________, of nationality ____________________, of marital status
___________, with address at ____________________________, N___________, piso_____,
dpto._______ Bº _______________, city of XXX, hereinafter the SELLING party, and Mr.
_______________________________________, who accredits identity with DNI: Nº
__________________, of Argentine nationality, with address at ___________________, Nº
__________, piso ____, dpto. ______, Bº __________________, city of XXXXX, hereinafter the
BUYER party; all of them of legal age and able to contract under the terms established by the
legislation in force, agree to enter into this SALE BOUCHET, subject to the following
clauses:----------------------------- FIRST: The SELLING party SELLS and the BUYING party BUYS, a
property owned by the former to
namely:_______________________________________________________________________
____________, located at __________________________________, Nº __________,
piso______, dpto.______Bº _______________________, city of Córdoba, province of Córdoba,
registered in the land registry as Circ. _____, Sec. ______, Manz. _______, Parc. _______, in
account No. ______________________________ of the Revenue Department, registered in
the General Registry of the Province under Registration No. __________________. The land
measures _________ meters (____ m) in front _________________ meters (___ m) deep, with
an area of ____________________ square meters (_______ m2), with a building consisting of
_____ bedrooms, two bathrooms, kitchen, living room, garage, patio and laundry room
totaling a covered area of _______________________ square meters (_______ m2). The
aforementioned is sold in the state in which it is found and the BUYER party knows and accepts
it for having visited and inspected it before signing this contract.-----------------------------------
SECOND: This sale is made for the total and agreed price of PESOS
____________________________________ ($ ____________) payable in the following
manner: A) PESOS ________________________________ ($ ____________) the PURCHASING
party pays them in this act, in cash, on account of the price and as a principle of execution of
this contract, serving the present as sufficient receipt and letter of payment in form for the
amount received. (B) The sum of PESOS _____________________________________ ($
___________) the BUYER undertakes to pay them thirty-five (35) days from the date on which
the TRANSLATIVE DEED of TITLE and DELIVERY of POSSESSION will be granted. C) The balance
of PESOS ___________________________________ ($ __________), shall be paid by the
BUYER at the domicile ______________________ or wherever it may indicate by means of a
letter or other reliable means, in ___________________ equal and consecutive installments of
PESOS __________________________ ($ _____) each one, plus a monthly interest of
___________________________________ per cent (_____ %) on balances, payable from one
(1) to five (5) of each month as from January two thousand and three (2) of the year two
thousand and three (2)._______________________ per cent (______ %) monthly interest on
balances, payable from the first (1) to the fifth (5) of each month as from January two
thousand and three.-------------------------------- THIRD: The balance of the price mentioned in
paragraph "C" of the preceding clause shall be guaranteed by the BUYER with the constitution
in favor of the SELLER of a real right of MORTGAGE in FIRST DEGREE on the same property it
acquires. The deed of transfer of ownership and mortgage for the balance of the price shall be
executed before the Notary Public _________________________________________, holder
of Registry No. ________, with offices located at ___________________ No. _____, Bº
________________, in the City of Córdoba, who is authorized by the parties for the
corresponding notifications and constitution in default. The SELLER shall be responsible for
thirty percent (30%) of the deed expenses, and the BUYER shall be responsible for seventy
percent (70%).----------------------- FOURTH: The non-compliance of any of the parties to the
obligations assumed herein, shall cause them to incur in default, which shall occur as a matter
of law and by the mere expiration of the terms, without requiring any prior judicial or extra-
judicial summons of any nature whatsoever. Likewise, if the non-performance is attributable to
the BUYER, the SELLER shall be entitled to choose to: A) Claim performance of this contract
plus damages, or B) Resolve this transaction by dissolving it, in which case, the amount
received in this act shall remain for its exclusive benefit as compensation for damages. In the
event of non-performance attributable to the SELLING party, the BUYER shall have the option
to either: A) Claim the performance of this contract, all this plus damages, or B) Resolve the
present operation by dissolving it, in which case the SELLING party shall reimburse the BUYER
party the amount received in this act plus another equal amount agreed as compensation for
damages.--------------------------- FIFTH: Notwithstanding the provisions of the preceding clause, if
the party in default should demand performance of the contract, until the same is actually
performed, the defaulting party shall pay to the party in default from the moment of default
the sum of PESOS ______________________ ($ _____) for each day of delay as a penalty
clause until the present contract is performed. ------------------------------ SIXTH: Present in this act
Mrs. _____________________________________________, DNI: Nº __________________,
married in first marriage with the SELLER Mr.
____________________________________________, gives her consent to the sale agreed
herein, and agrees to attend the deed of sale for the same purpose. ---------------------------
SEVENTH: This sale is made on the basis of perfect titles, free of any lien, seizure, restraint
and/or any other precautionary measure or other type of real or personal interdiction and with
all taxes, services, rates and contributions, fully paid by the SELLING party, until the day of
delivery of possession and deed, date as from which they will be for the account, charge and
cost of the BUYER party. The SELLER shall deliver the property that is the object of this
contract, free of occupants and intruders and without opposition from third
parties.------------------------- EIGHTH: For all legal effects arising from this contract, the parties
constitute special and legal domiciles at the addresses indicated in the heading, where all
judicial or extrajudicial notifications and/or summons shall be considered valid. Likewise, the
parties submit to the jurisdiction of the Ordinary Courts of the Province of Córdoba, waiving
any other jurisdiction that may correspond to them by reason of persons or things.--- IN
ACCORDANCE, two (2) copies of the same tenor and to a single effect are signed in the city of
XXXXXX, on the _____ days of the month of _________________ of __________.
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