What is the duration of the property service contract?

The term of a realty service contract is generally not less than two years. Three months before the expiration of the realty service contract, the realty service enterprise and the owners' congress shall negotiate to renew the contract. If both parties renew the contract, they shall re-sign the property service contract. If the two parties do not renew the contract, the realty service enterprise shall inform the subdistrict office or the Township People's Government in writing, and go to the district or county property management administrative department where the property is located for the record, continue to provide good services in accordance with the contract, and assist the owners' congress in hiring new realty service enterprises; The owner shall pay the property management service fee on time until the contract is terminated.