The supervision of long-term rental apartments has attracted a lot: the rent payment period is more than 3 months, which requires compulsory supervision.

In the face of the recent situation of "thundering" and "running" of long-term rental apartments in many places, many industry authorities not only issued risk warnings, but also introduced a new policy for the supervision of housing rental funds.

On September 1 1, Chengdu issued new regulations on the supervision of rental funds, requiring housing rental enterprises to open the only fund supervision account in the city. If the rent is paid for more than three months, the rent, deposit and the funds obtained from the "rental loan" shall be deposited into the supervision account.

The insiders believe that by setting up a supervision account, the use of funds of enterprises can be supervised, so as to prevent enterprises from forming a pool of funds due to "long receipt and short payment", illegally misappropriating funds for non-operating purposes, and protect the rights and interests of landlords and tenants. The new regulation of capital supervision in Chengdu can be understood as the establishment of the "Alipay" model of rental rent, which has a demonstration effect and is expected to become a more innovative point in the field of long-term rental apartments in the future.

If the rent collection period exceeds 3 months, it shall be deposited into the supervision account.

On September 1 1, Chengdu Housing and Construction Bureau, Sichuan Supervision Bureau of China Banking Regulatory Commission, Chengdu Financial Supervision Bureau and Chengdu Branch of the Central Bank jointly issued the Notice on Supervision of Housing Leasing Funds.

The notice requires that housing leasing enterprises should open the only housing leasing fund supervision account (referred to as "supervision account") in Chengdu City Commercial Bank, and sign a housing leasing fund supervision agreement with the undertaking bank to clarify the supervision content, methods and processes. The account may not withdraw cash or collect funds of other nature.

At the same time, if a new lease relationship occurs from the date of implementation of this Notice, and the lessee pays the rent to the housing leasing enterprise for more than 3 months, the housing leasing enterprise shall deposit the rent, the deposit and the funds obtained by using the "rent loan" into the supervision account, and the funds obtained by the "rent loan" shall be transferred into the supervision account through consultation between the housing leasing enterprise and the lessee and the financial institution issuing the loan. If the lessee pays the rent to the housing leasing enterprise within three months, the lessee shall decide whether to deposit the rent into the supervision account for management.

In this regard, Yan Yuejin, research director of the think tank center of Yiju Research Institute, pointed out that the core content of Chengdu's new rent supervision policy is that if the rent payment cycle exceeds three months, rent supervision needs to be mandatory, and if it is shorter than three months, it can be negotiated. The funds under supervision are rent in a big concept, including rent, deposit and "lease loan" funds, and supervision is relatively in place. In addition, the supervision of leasing loans requires the coordination or negotiation among leasing enterprises, lessees and financial institutions.

Huang Hui, a senior analyst at RealData, said that by setting up a supervision account, enterprises can supervise the use of funds, avoid the fund pool formed by enterprises' "long-term receipt and short-term payment" operation and illegally misappropriate funds for non-business purposes, and protect the rights and interests of landlords and tenants. In addition, the new regulatory policy also forces leasing companies to improve their capital chain management and refined operation capabilities. First, standardize the fund use system and audit its own compliance; The second is to do a good job in the cost management of "fixed income by production" and maintain a stable and healthy cash flow through refined operations.

Yan Yuejin believes that on the basis of the previous pilot in Hangzhou, Chengdu's new regulatory policy is more mature and easier to operate. Chengdu's supervision of housing lease-related funds can be understood as the establishment of "Alipay" mode of rental rent, that is, the establishment of a third-party fund supervision mode to standardize the use of funds has a positive effect on safeguarding tenants' funds, but also restricts the use of funds for long-term rental apartments, preventing long-term rental apartment enterprises from illegally misappropriating rents and preventing various lightning storms. At present, all parts of the country are actively promoting the supervision policy of rental funds. Such a policy in Chengdu has a demonstration effect, and it is expected that it will become a more innovative point in the field of long-term rental apartments in the future.

Release housing rental risk tips and new regulations on fund supervision in many places.

Recently, the long-term rental apartment enterprises in Shanghai, Hangzhou, Chengdu and other places have appeared the phenomenon of "breaking the warehouse and running away", which has once again attracted the attention of the industry authorities.

On September 1 day, the competent authorities in Shanghai and Guangzhou both issued "Housing Rental Market Risk Tips" to remind landlords and tenants to be alert to the business risks of companies such as "low rent, long charge and short payment", to guard against the risk of "rental loan", to strengthen risk prevention and to avoid economic losses. Recently, Chengdu, Hefei, Chongqing and other places have also issued the "Housing Rental Market Risk Warning" intensively.

On August 28th, Chengdu Housing and Urban-Rural Development Bureau issued a risk warning, pointing out that many housing leasing enterprises in Chengdu have recently "exploded" and "run away" because of adopting the business model of "AG low payment" and "long payment short payment". In order to strengthen risk prevention and avoid economic losses, Chengdu Housing and Urban-Rural Development Bureau has put forward several rental precautions to the parties involved in housing leasing in the city, such as preventing the risk of "rental loan" and handling housing leasing registration and filing in time. Including carefully selecting cooperative enterprises, checking the information and status of housing, carefully confirming the rent price, carefully selecting the rent payment method, preventing the risk of "rent loan", adopting standardized contract texts, timely handling the registration and filing of house lease, and safeguarding their own rights and interests according to law.

On August 3 1 day, Chengdu Housing and Construction Bureau also stated that in order to understand the operation of housing rental enterprises in Chengdu, Chengdu will carry out a special investigation on housing rental enterprises. Including self-inspection of housing leasing enterprises, comprehensive investigation of member enterprises by Chengdu Real Estate Brokers Association, and in-depth investigation of housing leasing enterprises in various districts (cities) and counties. Among them, Chengdu Real Estate Brokers Association is required to summarize the enterprises that allow tenants to use housing lease loans, including the APP used by enterprises, cooperative financial institutions, the proportion of tenants using housing lease loans, the proportion of housing lease loans to rental income, and the enterprises operating with "AG low payment, long payment and short payment", and investigate the rent difference of "AG low payment" and the amount of deposits in the cash pool formed by "long payment and short payment" operations.

In addition to issuing housing rental risk warnings and conducting risk investigation on housing rental enterprises, Xi, Hangzhou and other places have also introduced new regulations on the supervision of housing rental funds. Among them, the new regulations of Xi's housing lease funds require that the rent be regulated by 10 to 1 special account. The new regulations on the supervision of housing rental funds in Hangzhou have also been formally implemented. From August 3rd1day, the rental funds paid by the housing leasing enterprise to the lessor, the rent and deposit collected from the lessee and the funds obtained from the "rental loan" shall be paid into the special deposit account for the rental funds. Before September 30, the "entrusted" housing leasing enterprises should pay the risk prevention and control funds of the corresponding houses for the newly entrusted houses in 2020; Commissioned housing stock, should pay 30% of the risk prevention and control fund, the remaining risk prevention and control fund payment time in accordance with the provisions.

The industry believes that the core reason for the recent outbreak of long-term rental apartments is the local fragility of its business model. The impact of the epidemic in the first half of the year has accelerated the exposure of problems in the business model of enterprises. It is of positive significance to strengthen risk warning, carry out risk investigation and introduce new regulations for fund supervision.