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What should I do if I have bought a property?
Legal basis: Civil Code of People's Republic of China (PRC).
Article 271 The owner shall have the ownership of the exclusive parts of the building, such as residence and business premises, and the right to jointly manage 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.
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