Provisions on renewing property contracts

Legal analysis: property contract renewal procedures;

1. The property management company shall, three months before the termination of the original property management service contract, apply to the community industry committee for renewal, and submit the draft renewal contract;

2. Within 30 days after receiving the application for renewal from the property company, the owners' committee will hold a meeting of owners to discuss and vote whether to continue to sign the contract with the current property service enterprise;

3. After the owners' congress votes to agree to renew the contract, the industry committee shall submit the draft text of the realty service agreement to the owners' congress for deliberation (or solicit the opinions of the owners after publicity);

4. After the realty service agreement is reviewed and approved by the owners' meeting, the industry committee will notify the realty service enterprise to sign the contract;

5. After the signing of the realty service agreement, the realty company shall submit the original agreement to the local housing management department for filing the realty contract.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 947 If the owner decides to renew the employment according to law before the expiration of the realty service term, it shall renew the realty service contract with the original realty service provider before the expiration of the contract term.

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.

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.

Both parties may terminate the indefinite property service contract at any time, but shall notify the other party in writing 60 days in advance.