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What responsibility does the property service enterprise bear for the trustee who entrusts the community to others?
According to Article 62 of China's Property Management Regulations, property enterprises may entrust some management services to professional service companies, and may not transfer management services to other enterprises or individuals.
If a property enterprise entrusts all property management to others, the real estate administrative department at or above the county level shall order it to make corrections within a time limit and impose a fine of 30%-50% of the contract price. If the circumstances are serious, the qualification certificate shall be revoked. The entrusted income will be used for the public welfare expenditure of the project, and if losses are caused to the owners, they shall be liable for compensation according to law.
The legislative purpose of property management regulations is to regulate the behavior of property enterprises, which has strong binding force on enterprises and weak binding force on employees or individuals. The entrusted property company shall bear the consequences caused by the client and punish the entrusted property company.
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