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Can the property company automatically terminate the contract and dismantle its investment access control system?
After the expiration of the property service contract, if both parties have no intention to renew it, this property service contract will automatically become invalid. In addition, the parties can also terminate the contract by agreement. If both parties to the realty service contract have agreed on the service period, the contractual rights and obligations of realty service will naturally terminate upon the expiration of the contract. If both parties have no intention to renew the contract, this contract shall be deemed to be terminated. The legal consequences after the termination of the contract mainly include restitution, which refers to the restoration to the state before the conclusion of the contract. When restitution is made, the original thing, if it exists, shall be returned; If the original does not exist, if it is a kind of thing, it may return with the same kind. Restitution also includes:
(1) fruits generated by returning the property;
(2) Pay the necessary expenses incurred by one party to maintain the property during its possession;
(3) Necessary expenses for returning the property.
Other remedial measures, including requiring repair, replacement, redoing, price reduction, payment of liquidated damages and compensation for losses.
legal ground
Article 562 of the Civil Code of People's Republic of China (PRC) stipulates that the parties may terminate the contract through consultation. The parties may agree on the reasons for one party to terminate the contract. When the reasons for the termination of the contract arise, the creditor may terminate the contract.
Article 563 of the Civil Code of People's Republic of China (PRC) is under any of the following circumstances, the contract shall be terminated according to law, and the parties may terminate the contract: (1) the purpose of the contract cannot be achieved due to force majeure; (two) before the expiration of the time limit for performance, one party clearly indicated or indicated by his own behavior that he would not perform the main debt; (three) one party delays the performance of the main debt and fails to perform it within a reasonable period after being urged; (4) One of the parties delays the performance of debts or commits other breach of contract, which makes it impossible to achieve the purpose of the contract; (5) Other circumstances stipulated by law. For an indefinite contract whose content is to continue to perform debts, the parties may terminate the contract at any time, but they shall notify the other party before a reasonable time limit.
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