New Rules of Property Management Law

Legal analysis: In order to standardize property management activities, safeguard the legitimate rights and interests of owners and property service enterprises, and improve people's living and working environment, the Property Management Law was formulated.

Legal basis: People's Republic of China (PRC) Property Management Law.

Article 1 These Regulations are formulated in order to standardize property management activities, safeguard the legitimate rights and interests of owners and property management enterprises, and improve the living and working environment of the people.

Article 2 The term "property management" as mentioned in these Regulations refers to the activities that the owners employ property management enterprises, and the owners and the property management enterprises carry out maintenance, conservation and management of the houses, supporting facilities and related sites in accordance with the property service contract, so as to maintain the environmental sanitation and order in the relevant areas.

Article 3 The State encourages owners to choose property management enterprises through an open, fair and just market competition mechanism.

Article 4 The State encourages the adoption of new technologies and methods in property management, and relies on scientific and technological progress to improve the management and service level.

Fifth the State Council construction administrative departments responsible for the supervision and management of the national property management activities. The real estate administrative departments of local people's governments at or above the county level shall be responsible for the supervision and management of property management activities within their respective administrative areas.