Common use of Area of the Property Clause in Contracts

Area of the Property. The rental area of the property is 200 square meters (if there is a variance from the actual area, both Party A and Party B confirm that the rent, as stipulated in Article 3 of this contract, shall remain unchanged). Prior to signing this contract, Party B has conducted multiple site visits and conducted a thorough inspection of the property, confirming that it complies with the “Delivery Standards” provided in the annex and expressing satisfaction with its current condition. Party B willingly accepts the property in its existing state.