Clarified property management rule to stifle lasting tiffs
By Liu Lu | China Daily | Updated: 2010-05-28 07:50
Disputes between residential property management companies and homeowners in the city are expected to decline, thanks to new rules enacted on Thursday.
The Beijing Property Management Regulation will take effect Oct 1. It clarifies the rights and obligations of both homeowners and property management companies.
The new regulation provides a legal basis to solve long-existing problems in the city's property management industry, said Li Lingyan, deputy director of the legal affairs office of the municipal government.
Photo