Procedures for renewal of property contract upon expiration

The property company shall, three months before the termination of the original property management service contract, submit an application for renewal to the community industry Committee and submit a draft renewal contract; The owners' committee shall, within 30 days after receiving the application for renewal of the contract from the property company, convene the owners' meeting to discuss and vote whether to continue to sign the contract with the current property service enterprise; Agree to update the draft text and submit it to the owners' meeting for consideration; After deliberation and approval, the industry committee will notify the realty service enterprise to sign the contract and put it on record. According to Article 947 of the Civil Law of People's Republic of China (PRC), which came into effect on 202 1 1, if the owner decides to renew the employment according to law before the expiration of the property service period, he shall renew the property service contract with the original property service provider before the expiration of the contract period. If the realty service provider does not agree to renew the employment before the expiration of the realty service period, it shall notify the owner or the owners' committee in writing 90 days before the expiration of the contract period, unless the notice period is otherwise stipulated in the contract.