What is the standard for collecting property fees in open residential areas?

If the owners' meeting has been established in the community, the property service charges will be regulated by the market, and the owners' meeting and the property company will negotiate and formulate the charging standards themselves. The owners' committee shall conclude a written realty service contract with the realty service enterprise selected by the owners' congress, and the expenses shall be agreed upon by both parties through consultation.

Legal basis: Article 34 of the Property Management Regulations: The owners' committee shall conclude a written property service contract with the property service enterprise selected by the owners' congress.

Property service contracts shall stipulate property management matters, service quality, service fees, rights and obligations of both parties, management and use of special maintenance funds, property management premises, contract term, liability for breach of contract, etc.