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The Developer's Role in the Surging Chinese Condominium Housing: Through the Comparative Lens of the US System.

Authors :
Lei Chen
Source :
Asia Pacific Law Review. 2010, Vol. 18 Issue 2, p223-242. 20p.
Publication Year :
2010

Abstract

Although the Chinese Property Code of 2007 has formalised condominium ownership, the minimal provisions regulating developers in creating condominium projects are incompatible with the crucial role they play. This oversight in Chinese law has been the root cause for many problems and disputes arising from the developers' management of building projects and administrative practices. This paper explores a wide spectrum of roles that developers play in the planning, construction and management of condominiums in China. This paper also engages in a critical analysis by comparing current Chinese law and practices with the American Uniform Common Interest Ownership Act. It concludes that developing rules to improve regulation of developers will provide legal certainty and predictability for purchasers. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10192557
Volume :
18
Issue :
2
Database :
Academic Search Index
Journal :
Asia Pacific Law Review
Publication Type :
Academic Journal
Accession number :
65064994