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What are the conditions for the entry into force of the owners' convention?

Owners' convention is a written autonomy rule reached by all owners in the property management area on the management, use, maintenance and all relations of buildings. The basis of written owners' convention is the principle of statutory autonomy derived from the principle of private law autonomy. As long as it does not violate the mandatory provisions of the law, the principle of public order and good customs, and does not change or exclude the essence of differentiated ownership, it can have legal effect. Owners' convention is a kind of legal act, which should conform to the general effective elements of legal acts. (1) The owner must have corresponding capabilities; (2) the owner's intention is true; The contents of the convention shall not violate the mandatory provisions of the law and public order and good customs. Article 502 A lawfully formed contract shall become effective upon its formation, unless otherwise provided by law or agreed by the parties. In accordance with the provisions of laws and administrative regulations, if the contract should go through the approval procedures, such provisions shall prevail. If the failure to go through the formalities such as approval affects the effectiveness of the contract, it will not affect the performance of the obligation clauses such as approval and the effectiveness of relevant clauses in the contract. If the party that should go through the formalities for approval fails to perform its obligations, the other party may require it to bear the responsibility for violating its obligations. The modification, assignment and dissolution of a contract shall be subject to the provisions of laws and administrative regulations, and the provisions of the preceding paragraph shall apply and shall be subject to approval.