Definition of Property Right of Property Management in China

The word "property" was translated from English property or estate, and was introduced into coastal areas and inland areas from Hong Kong, meaning property, assets, real estate, real estate, industry and so on. Since the word was introduced into China in 1980s, it has now formed a complete concept, that is, property refers to all kinds of houses and their supporting equipment, facilities and venues that have been built and put into use. Real estate can be large or small, a flat can be a real estate, and a building can also be used as a real estate. The same building can be divided into several real estates according to different ownership. Property includes a variety of formats, such as office buildings, commercial buildings, residential quarters, villas, industrial parks, hotels, factories and warehouses. Property management refers to the property management operators entrusted by the property owners, according to the previous property service contracts and contracts, in accordance with the relevant national laws and norms, using modern management science and advanced technology to implement unified management of the property by economic means, providing efficient and thoughtful services for residents, and maximizing the use value and economic value of the property.

The business of property management can be divided into three categories: ① Basic business: including the operation and maintenance of building construction, mechanical and electrical equipment, power supply and water supply, public facilities, etc. ② Special business categories: including security, environmental sanitation, landscaping, fire management, vehicle traffic, etc. ③ Characteristic business categories: including characteristic services and convenience services. ④ Business category: house intermediary service, decoration business, etc.