Does the property management agreement have legal effect?

Legal analysis: Yes. Management statute is an autonomous rule that is binding on all owners in the property management area through the owners' meeting on the management, use, maintenance and all relations of buildings, and its binding force is applicable not only to all owners, but also to property users, owners' heirs and managers in the property management area.

Management regulations are used to fill legal gaps, not to replace laws, and not to conflict with existing laws.

Legal basis: Article 17 of the Property Management Regulations should stipulate the use, maintenance and management of the property, the interests of the owners, the obligations that the owners should perform, and the responsibilities that they should bear if they violate the management regulations.

Management regulations shall respect social morality and shall not violate laws and regulations or harm public interests.

Management regulations are binding on all owners.