The
draft rules require property developers to promptly publish
accurate pricing information for new homes for sale, and must
not charge various additional fees, hoard unsold homes or spread
false information about rising prices.
China has struggled to control surging home prices over the last
year, with the government often blaming dishonest practices by
developers and property agents for encouraging higher prices for
their own benefit.
The nationwide rules published by the Ministry of Housing and
Urban-Rural Development will be up for public comment for one
month, and follow a number regional measures aimed at cleaning
up the sector. There could be changes to the rules in the final
version.
Property agents must be licensed and make charging standards
clear and cannot publish any false information about properties,
the rules say.
For property rentals, landlords and renters are encouraged to
sign longer term contracts, with special incentives to be given
for those who sign contracts for more than three years.
Landlords who want to break a rental agreement also need to give
renters at least three months' notice, and cannot take back a
home by force.
(Reporting by Elias Glenn; Editing by Nick Macfie)
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