Beijing Municipality, Administration of the Price Structure for Commodity Residential Properties Procedures

北京市商品住宅销售价格构成管理办法

June 02, 2001 | BY

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Promulgated: April 11 2001Effective: June 1 2001Main contents: Article 4 stipulates that residential property developers will price commodity residential…

Clp Reference: 4100/01.04.11 Promulgated: 2001-04-11 Effective: 2001-06-01

Promulgated: April 11 2001
Effective: June 1 2001

Main contents: Article 4 stipulates that residential property developers will price commodity residential property in accordance to the Procedures and that the municipal price bureau has the right to make random inspections. Prices for commodity residential properties may include specified development costs, periodic costs, taxes, and profit (Article 7). Costs that cannot be included are fund-raising costs, various kinds of compensation, damages for breach of contract, idle-land costs, construction costs for units intended for the developer's use or for operational purposes (Article 8). Residential property developers must obtain a fee collection supervision card from the district or county price bureau (Article 12).

clp reference:4100/01.04.11/BJpromulgated:2001-04-11effective:2001-06-01

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