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Latest regulations on decoration deposit

Decoration deposit is the decoration deposit that the property management company will charge during the decoration. Decoration deposit is the deposit paid by the owner to the property management company to prevent decoration violations before decoration. After the decoration is completed, the property management company will return it in full without violating the rules, so as to supervise the standardized construction behavior of the decoration company.

legal provision

National laws and regulations do not clearly stipulate the decoration deposit, but some local governments have formulated relevant regulations to implement the regulations, so if there are any, they will pay some decoration deposits to the property according to the regulations, and they are not required to pay them.

decoration deposit

The new regulations stipulate the decoration deposit. Before renovation, the owner should sign a renovation management agreement with the property service company, and the property company can charge the owner a renovation deposit of no more than 1 0,000 yuan. After the renovation, the owner shall promptly notify the property service company for inspection, and the property company shall go to the inspection within 3 days, and make a reply whether it is illegal or not within 7 days. If the owner does not violate the rules, the property company should refund the decoration deposit in full.

Refund time

The decoration deposit shall be returned to the owner after the owner finishes the decoration and is accepted by the property management company. If the property decoration is not good and the deposit is not refundable, the owner can bring a lawsuit to the relevant departments according to the agreement to safeguard his legitimate rights and interests. Measures for the implementation of residential property service charge management: After the owner finishes the decoration, the decoration deposit shall be returned to the owner within 90 days after the property management company passes the acceptance.