Is it legal for residential property to earn money from residential areas?

It is legal for a residential property to earn money in the residential area, but it is illegal for a property company to monopolize the public income of the residential area:

In addition to the ownership of exclusive parts, the owner has the right to jointly manage some parts of * * * *, which is the most essential difference between building ownership and general real estate ownership. In other words, the owners have the right to possess, use and profit from some buildings. The owner shall enjoy the rights and undertake the obligations for the part other than the exclusive part of the building, and shall not fail to perform the obligations because of giving up the rights.

According to Article 271 of the Civil Law, the condominium owner enjoys the ownership of the exclusive parts of the building, such as the business premises, and has the right to co-manage the parts other than the exclusive parts.

To sum up, it is legal for the property company to monopolize the public income of the community.

In addition to the ownership of exclusive parts, the owner has the right to jointly manage some parts of * * * *, which is the most essential difference between building ownership and general real estate ownership. In other words, the owners have the right to possess, use and profit from some buildings. The owner shall enjoy the rights and undertake the obligations for the part other than the exclusive part of the building, and shall not fail to perform the obligations because of giving up the rights.

According to Article 271 of the Civil Law, the condominium owner enjoys the ownership of the exclusive parts of the building, such as the business premises, and has the right to co-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 of the Civil Code, the owner shall have some rights and obligations to * *, and the owner shall have rights and obligations to * * except 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 Rights such as roads and green spaces. Roads belonging to the owners within the building division, except those belonging to urban public 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.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 272

Owners have the right to possess, use, benefit and dispose of the exclusive parts of their buildings. 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 has some rights and obligations to * * The owner has rights and obligations to * * except 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

The right to roads, green spaces, etc. Roads within the 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.