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Can I buy a parking space in a residential project?
Legal basis: Article 54 of the Regulations on Property Management states that the use of the parts and facilities of the property to carry out business shall be handled in accordance with the provisions after obtaining the consent of the relevant owners, owners' congress and property service enterprises. Owners' income should be mainly used to supplement special maintenance funds, and can also be used according to the decision of the owners' congress. Entrusted by the owners' congress or the owners' committee, the property management company has the right to manage and charge for parking or occupying the roads owned by the owners in public areas. The parking fee charged shall be distributed according to the agreement reached between the property company and the owners' meeting.
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