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What are the consequences of invalid property service contracts?
If the realty service contract is invalid, it is not legally binding on both parties from the beginning, and the property obtained by one party shall be returned to the other party in time. If the fault causes losses to the other party, it shall be compensated accordingly. According to Article 155 of the Civil Code, an invalid or revoked civil juristic act is not legally binding from the beginning. Article 157 stipulates that after a civil juristic act is invalid, revoked or deemed invalid, the property acquired by the actor as a result of the act shall be returned; If it is impossible or unnecessary to return it, it shall be compensated at a discount. The party at fault shall compensate the other party for the losses thus suffered; If all parties are at fault, they shall bear their respective responsibilities. Where there are other provisions in the law, those provisions shall prevail. Article 157 of the General Principles of the Civil Law of People's Republic of China (PRC) * * * After a civil juristic act is invalid, revoked or deemed invalid, the property obtained by the actor due to the act shall be returned; If it is impossible or unnecessary to return it, it shall be compensated at a discount. The party at fault shall compensate the other party for the losses thus suffered; If all parties are at fault, they shall bear their respective responsibilities. Where there are other provisions in the law, those provisions shall prevail. Article 146 of the General Principles of the Civil Law of People's Republic of China (PRC) * * * The civil juristic act carried out by the actor or the counterpart for false intention is invalid. The validity of a concealed civil juristic act with false intention shall be handled in accordance with relevant laws and regulations.
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