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Why does the government want developers to keep their own proportion?
Legal basis: Measures for the Administration of Commercial Housing Sales
Fifth the State Council construction administrative departments responsible for the national commercial housing sales management. The construction administrative departments of the people's governments of provinces and autonomous regions shall be responsible for the management of commercial housing sales within their respective administrative areas. The administrative departments of construction and real estate of the people's governments of municipalities directly under the central government, cities and counties (hereinafter referred to as the administrative departments of real estate development) shall be responsible for the management of commercial housing sales within their respective administrative areas according to the division of responsibilities.
Article 6 The pre-sale permit system shall be implemented for the pre-sale of commercial housing. The pre-sale conditions of commercial housing and the procedures for the pre-sale permit of commercial housing shall be implemented in accordance with the relevant provisions of the Regulations on the Administration of Urban Real Estate Development and Management and the Measures for the Administration of Urban Commercial Housing Pre-sale.
Thirteenth commercial housing sales, real estate development enterprises hired a property management company, the buyer should conclude a property management agreement with the property management company hired by the real estate development enterprises when concluding a contract for the sale of commercial housing.
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