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How many years do property companies usually sign contracts?
Legal analysis: The term of the property service contract is two to five years. The specific term of the prophase realty service contract shall be agreed by the construction unit and the realty service enterprise, and the longest term shall be calculated from the date when the owners' congress signs the realty service contract with the realty service enterprise it selects. If the term of the realty service contract expires, the owners' meeting has not yet been established or the realty service enterprise has not been selected according to law, the original contract can continue to be performed until the new realty service contract begins to provide realty service.
Legal basis: Article 938 of the Civil Code of People's Republic of China (PRC) generally includes terms such as service items, service quality, service fee standards and collection methods, use of maintenance funds, management and use of service places, service term and service handover. The public service commitment made by the property service provider in favor of the owner is an integral part of the property service contract. The realty service contract shall be in written form.
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