Is it legal to sell but not rent underground parking spaces in residential areas?

It is legal that underground parking spaces in residential areas are not rented for sale. The owner enjoys exclusive control over all his own property within the scope prescribed by law, and has the right to possess, use, benefit and dispose of all his own property, and can exclude others from interfering with his own property against his will. Ownership is the most complete and sufficient property right among property rights. Therefore, the parking space property unit has the right to dispose of the parking space, which can be rented or sold. Developers can choose to rent or sell underground garages. There is no restriction by law, so it is not illegal to sell only without renting.

What is the process of buying a parking space?

1. The owner registers the intended parking space number in the property management office, and the property management office issues the underground parking space subscription registration form;

2. The owner shall pay the full parking fee to the sales department of the real estate company at the appointed time with the subscription registration form;

3. Sign the sales contract according to the time agreed by the sales department of the real estate company. Pay the parking space management fee to the property management office with the "entry form" issued by the sales department of the real estate company, and go through the entry formalities.

Legal basis: Article 274 of the Civil Code of People's Republic of China (PRC).

Roads within the building division belong to the owner, except those belonging to urban roads. The green space within the building division belongs to the owner, except for urban public green space or express personal green space. Other public places, public facilities and property services within the building division are owned by the owner.

Article 275

In the building division, the ownership of planned parking spaces and garages shall be agreed by the parties through sale, gift or lease.

Parking spaces that occupy roads or other venues owned by the owner for parking cars shall be owned by the owner.