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What if the property does not publish the income and expenditure report?
Legal basis: Regulations of People's Republic of China (PRC) Municipality on Property Management.
Article 22 The construction unit shall formulate a temporary management agreement before the sale of the property, and make an agreement on the use, maintenance and management of the property, the interests of the owners, the obligations that the owners should perform, and the responsibilities that the owners should bear if they violate the temporary management agreement.
The temporary management regulations formulated by the construction unit shall not infringe upon the legitimate rights and interests of property buyers.
Twenty-third the construction unit shall express the temporary management agreement to the property buyer before the property is sold, and explain it. When signing a property sales contract with the construction unit, the property buyer shall make a written commitment to abide by the temporary management agreement.
Article 24 The State encourages construction units to select and employ property service enterprises through bidding in accordance with the principle of separating real estate development from property management.
The construction unit of residential property shall select the realty service enterprise through bidding; If the number of bidders is less than three or the residential scale is small, with the approval of the real estate administrative department of the district or county people's government where the property is located, the property service enterprise may be selected by agreement.
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