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Procedures for owners to terminate property contracts

Legal subjectivity:

When the owners' meeting is held, all the owners can dismiss the property company and terminate the property contract after reaching an agreement through consultation. Article 11 of the Property Management Regulations shall be decided by the owners: (1) Formulating and amending the rules of procedure of the owners' congress; (2) Formulating and amending management regulations; (three) to elect the owners' committee or replace the members of the owners' committee. (four) the selection and dismissal of property services companies; (five) to raise and use special maintenance funds; (six) the renovation of buildings and their ancillary facilities; 7) Other major matters related to * * * and * * * management rights.

Legal objectivity:

Article 940th of the Civil Code If the realty service contract concluded by the construction unit and the realty service provider according to law comes into effect before the expiration of the service period stipulated in the prophase realty service contract, the prophase realty service contract shall be terminated. Article 948 After the expiration of the term of realty service, if the owner fails to make a decision to renew or select the realty service provider according to law, and the realty service provider continues to provide realty service, the original realty service contract shall remain valid, but the service term is uncertain.