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Art. 4<br />

The parties declare that they have agreed that the price of this purchase<br />

must be equal to EUROS.....................................................<br />

For the part transferred by Mr. Bartolotta Cingolani Filippo concerning the<br />

value of EUROS....................... (85% of the total value)<br />

For the part transferred by Mrs. Montefusco Margherita concerning the<br />

value of EUROS..........................(15% of the total value).<br />

Also in accordance with article 35 section 22 of Law Decree 4 July 2006<br />

n.223 and Law n.248 of 4 August 2006, being aware of the criminal<br />

sanctions referred to by article 76 of Presidential Decree 445/2000, in<br />

accordance with articles 46 and 47 of the aforementioned Presidential<br />

Decree,the parties declare: a) that the amount of<br />

EUROS..................................................<br />

Is transfered as follows:<br />

- 40% of the total value, for the amount of EUROS............. at the<br />

stipulation of this act;<br />

- 50% of the total value, for the amount of EUROS .............. at the expiry of<br />

60 days;<br />

- 10% of the total value, for the amount of EUROS............... after the testing<br />

by the professional in charge, designated by the purchaser of the property<br />

after the refurbishment works, according to the plan described in Annex 13<br />

of the Appraisal, as integral part of this Act.<br />

Since the complete price of this purchase has been regulated as described<br />

above, the seller issues a receipt to the buyer, renouncing the legal<br />

mortgage and exonerating the Keeper of the real estate register from all<br />

responsibilities; b) that they have not turned to any real estate mediator<br />

to finalise this purchase.

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