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Is the exemption of the property service company stipulated in the property management contract valid?

Legal analysis: exemption clause refers to the clause agreed by the parties to exempt or limit their future liability. The exemption clause is often written into the contract or standard contract by one party as an express or implied offer, in order to obtain the other party's commitment and make it legally effective. In the realty service contract, with the consent of both parties, the realty service company may agree in the realty management contract to reduce part of its responsibilities, but it cannot be exempted from all its responsibilities, otherwise the clause will be invalid.

Legal basis: The following exemption clause in Article 506 of General Principles of Civil Law of People's Republic of China (PRC) is invalid:

(1) Causing personal injury to the other party;

(2) Causing property losses to the other party due to intentional or gross negligence.