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New regulations for the supervision of long-term rental apartments are announced in Beijing that explicitly prohibit “long-term payment and short-term payment.”Fly to the homes of common people
[Xinmin Evening News · Xinmin.com]Long-term rental apartments frequently “explode,” and Beijing’s rental housing market will usher in strict supervision. Today, the Beijing Municipal Housing and Urban-Rural Development Commission, the Municipal Market Supervision Office, the Municipal Finance Office, the Office of Cyberspace Affairs of the Municipal Party Committee, and the Beijing Banking and Insurance Regulatory Office jointly issued the “Notice on the Regulation of the Operational Activities of Housing Leasing Companies in this City”, which expressly prohibits “long-term receipts and short-term payments” In principle, the amount of rent received in advance by a rental company Tenant’s home lease will not exceed 3 months of rent, and the period of receipt and payment of rent must coincide. Strictly control the objects of appropriation of the “rental loan”, and the funds of the “rental loan” applied by the tenant will not go to housing leasing companies, but only to individuals. The new regulations will be formally implemented on March 1, 2021.
“Long-term receipts and short-term payments” are strictly prohibited. “Rental loans” can only be assigned to individuals
The lack of supervised “rental loans” and pooled funds is the deep-seated reason for the frequent “explosions” of long-term rental apartments, and is also the core content of the new regulations. The core content of the new regulations issued by Beijing this time is to strictly prohibit the business model of “long receipts and short payments” and restrict the “pool” of leasing companies. The new regulations clearly stipulate that the amount of rent received by tenants ‘housing rental companies in advance will not exceed three months’ rent in principle. At the same time, the collection and payment periods of the housing leasing companies are required to coincide.
At the same time, strictly control the objects of appropriation of “rental loans” and stipulate that bank financial institutions, small lending companies and other institutions will not allocate the funds of “rental loans” applied by tenants to companies. of housing rental. That is, if a tenant applies for a home rental loan, the loan agency can issue the loan to the tenant or directly issue the loan to the owner after signing an agreement, but cannot issue it to the home rental company and its affiliates or interested parties.
The deposit must be included in the custody of the special account and the company cannot use or misappropriate it without authorization.
The amount of the deposit is relatively small, but with the expansion of the business scale of the company, a “small capital reserve” can also be formed. The new regulation establishes that the amount of the deposit charged by the housing leasing companies will not exceed one month’s rent. At the same time, a deposit custody system should be established. The deposit collected by housing leasing companies from tenants must be safeguarded through a special account established by the Beijing Real Estate Intermediaries Industry Association, and cannot be used or misappropriated by companies without authorization.
The new regulations also clarify the time limit and process for deposit refunds. The housing leasing company will notify the Beijing Real Estate Broker Industry Association to refund the deposit within 2 business days after the contract is terminated, and the Beijing Real Estate Broker Industry Association will return the capital of the deposit and the interest of the deposit in the same term to the tenant within 1 business day.
Also, if a home rental company provides funds to decorate the rented home, it must obtain the written consent of the home owner. If the home rental company terminates the agreement in advance, it will fulfill the responsibilities of all parties in accordance with the agreement and will not collectively charge decoration fees.
The housing contract must be submitted to the regulatory platform within 3 days
The frequent occurrence of conflicts and disputes and poor mediation and communication in the field of housing leasing have always been a problem that affects owners and tenants. The new regulations clarify that before starting business in Beijing, housing leasing companies must submit business information and a list of professionals to the housing and rural urban construction department in the district where they are registered, and companies that do not submit information commercial are not. allowed to publish information about housing through the Internet.
At the same time, housing leasing companies must use the Beijing housing lease model text and submit an application on the Beijing housing leasing monitoring platform within 3 days of signing the contract. rental or rental of housing. Companies that have not submitted the truth will be restricted from posting housing information over the Internet. This can make the rights and obligations of homeowners, renters, and businesses clearer and more transparent, and avoid later disputes caused by unclear sovereign clauses and agreements.
Companies with serious violations are included in the list of risk warnings.
The new regulations clearly set the direction to cultivate and encourage the development of the home rental industry. Beijing will continue to support specialized and large-scale housing rental companies to maintain and rent houses in accordance with the law. Qualifying Home Leasing Companies Can Enjoy Taxes, Finance, etc. Preferential policies.
The Beijing Municipal Department of Housing and Urban-Rural Development will include housing rental service companies that have many violations of laws and regulations in the list of key concerns and will announce them to the public, prompting careful selection; serious cases will be included in the risk list of warnings and communicated to the public to warn of the main risks; According to the opinions of the urban-rural housing and construction department, the market supervision department and the cybersecurity and computerization department will take the corresponding measures against companies that fail to comply with the regulations. (Xinmin Evening News Correspondent Pan Zixuan in Beijing)
