What is a property management contract?

Legal Analysis: Also known as the Property Management Service Contract, it is a contract signed by the entrusting party and the property service enterprise on the basis of equality, voluntariness and unanimity according to the Contract Law of People's Republic of China (PRC), the Administrative Measures for Newly-built Urban Residential Quarters No.33 issued by the Ministry of Construction and its implementation rules.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 937 A realty service contract is a contract in which a realty service provider provides realty services such as maintenance of buildings and their ancillary facilities, management and maintenance of environmental sanitation and related order within the realty service area to the owner, and the owner pays the realty fee.

Property service providers include property service enterprises and other managers.

Article 938 The contents of a realty service contract generally include service items, service quality, service fee standards and collection methods, use of maintenance funds, management and use of service places, service term, service handover and other terms.

The public service commitment made by the property service provider in favor of the owner is an integral part of the property service contract.

The realty service contract shall be in written form.

Article 939 The preliminary realty service contract concluded by the construction unit and the realty service provider according to law, and the realty service contract concluded by the owners' committee and the realty service provider selected by the owners' congress according to law are legally binding on the owners.