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What are the laws and regulations of residential property?
Legal basis: Civil Code of People's Republic of China (PRC).
Article 271 The owner shall enjoy the ownership of the exclusive parts of the building such as the residence and business premises, and the condominium of the * * * parts other than the exclusive parts.
Article 272 The owner has the right to possess, use, profit from and dispose of the exclusive part of his building. The owner's exercise of rights shall not endanger the safety of the building or damage the legitimate rights and interests of other owners.
Article 273 The owner shall enjoy the rights and undertake the obligations for the part other than the exclusive part of the building. You may not fail to perform your obligations on the grounds of giving up your rights.
When the owner transfers the residential and business premises in the building, part of its * * * ownership and * * * management rights are transferred together.
Article 274 Roads within a 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.
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