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Beijing's new housing rental policy: starting from October, rent will be included in the supervision account, and rents over three months must be transferred monthly

2024-07-31

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On July 31, the "Interim Measures for Housing Rental Deposit Custody and Rent Supervision in Beijing" (hereinafter referred to as the "Measures") was issued, and Beijing officially included rent under supervision. The "Measures" are mainly aimed at housing rental companies that rent other people's houses and engage in sublease business within the city. From October 1, housing deposits and rents will be deposited into accounts used for deposit custody and rent supervision as required. In terms of rent, if the amount of rent collected at a time exceeds 3 months, the rent will be deposited into an account used for rent supervision according to the rent payment time and amount agreed in the contract. Among them, the 3-month rent part will be transferred to the housing rental company account within 1 day, and the remaining rent will be transferred on a monthly basis, with each transfer amount being 1 month's rent.

The Measures will come into effect on October 1, clarifying the rent deposit and refund process

The Municipal Housing and Urban-Rural Development Commission introduced that in order to implement the requirements of the "Beijing Housing Rental Regulations" and do a good job in the city's housing rental deposit custody and rent supervision, in accordance with the "Beijing Housing Rental Regulations" and other relevant regulations, the Municipal Housing and Urban-Rural Development Commission, on the basis of extensive solicitation of opinions, has jointly studied and formulated with relevant departments the "Beijing Housing Rental Deposit Custody and Rent Supervision Interim Measures" (hereinafter referred to as the "Measures"), which will come into effect on October 1.

The Measures are mainly aimed at housing rental companies that rent other people's houses within the city and engage in subleasing business. It has a total of 22 articles, clarifying the management regulations for deposit escrow and rent supervision of housing rental companies from the aspects of opening accounts for deposit escrow and rent supervision, deposit and refund procedures, rent deposit, transfer and refund procedures, and dispute resolution during deposit escrow and rent supervision.

Rent exceeding 3 months will be transferred monthly, and the amount transferred each time is 1 month's rent

The reporter learned that in order to ensure that the deposit and rent are deposited into the account used for deposit trust and rent supervision as required, the Measures stipulate that the deposit shall be deposited into the account used for deposit trust according to the deposit payment time and amount agreed in the housing lease contract; in terms of rent, if the amount of rent collected at a time exceeds 3 months, the rent shall be deposited into the account used for rent supervision according to the rent payment time and amount agreed in the contract. The 3-month rent shall be transferred to the housing lease enterprise account within 1 day, and the remaining rent shall be transferred monthly, with each transfer amount equal to 1 month's rent.

In order to ensure the safety of deposits and rents and take into account the efficiency of fund use, the Measures clarify the specific refund process for deposits and rents. The Measures stipulate that after the expiration or termination of a housing lease contract, the housing lease company shall submit a refund opinion for the deposit and rent within three working days after the lessee returns the housing, specifying whether to deduct the deposit or rent and the details of the expenses to be deducted. If the lessee agrees to the refund opinion, the deposit and rent will be refunded according to the refund opinion; if the lessee disagrees, it can be resolved through negotiation, mediation, litigation, arbitration and other means.

The lessee can check the balance at any time through the official platform

It is reported that in selecting banks to open accounts for deposit custody and rent supervision, the "Measures" stipulate that the Municipal Housing Fund Management Center, namely the Beijing Housing Provident Fund Management Center, will work with the Municipal Housing and Urban-Rural Development Committee and the Beijing Supervision Bureau of the State Financial Supervision Administration to select banks to open accounts for deposit custody and rent supervision through public bidding, taking into account factors such as bank management capabilities, service efficiency, research and development level, and operating conditions. To ensure the safety of funds, the "Measures" further clarify that the bank that opens the account should transfer funds in accordance with the instructions of the Municipal Housing Fund Management Center.

In order to strengthen supervision and management, the Measures, on the one hand, clarify the inquiry channels for the parties, and stipulate that the lessee can inquire about the balance in his account used for deposit escrow and rent supervision through the housing rental contract registration number and other information in the supervision system and housing rental management service platform; on the other hand, it clearly strengthens law enforcement supervision, and stipulates that if routine supervision finds that the deposit escrow and rent supervision are not performed or there are operating risks, the funds in the rent supervision account can be suspended from being paid to the housing rental enterprise, and the funds in the supervision account of each district’s housing and construction and housing management department will be paid; those who fail to perform deposit escrow and rent supervision in accordance with the regulations, or fail to return the remaining deposit and rent on time, will be punished in accordance with the Beijing Housing Rental Regulations and other relevant regulations.

In addition, the "Measures" explicitly encourage the use of digital RMB in deposit custody and rent supervision to ensure the safety of deposits and rents of leasing parties.

Beijing News reporter Cao Jingrui

Edited by Tang Zheng, proofread by Li Lijun