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Does the property company need to publish the details of income and expenditure?
Legal analysis: Property companies need to publish the details of revenue and expenditure. If the charging system is implemented, the property service fee received in advance belongs to the escrow nature and belongs to all the owners who pay it. The realty service enterprise shall not be used for all expenses other than those stipulated in the realty service contract. The realty service enterprise shall announce the income and expenditure of realty service funds to the owners' assembly or all owners at least once a year, and accept the supervision of all owners.
Legal basis: Article 6 of the Regulations on Property Management in People's Republic of China (PRC) has the right to supervise the management and use of special maintenance funds for * * * parts and facilities of the property, and make it public.
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