(Act No. 221 of the People's Government Order No. 221 of 9 July 2010 on 1 September 2010)

Chapter I General

Article 1 regulates the operation, brokering and valuation of property in order to strengthen the management of the Shenzhen (hereinafter referred to as the current city), preserves the property market order, guarantee the legitimate rights and interests of the owner of the real estate activity, and develops this approach in line with the relevant laws, regulations and regulations.

Article 2. This approach applies to the development of business, brokering and valuation activities within the city's administration and to the management of the property market accordingly.

Article 3 Business, brokering and valuation should be guided by the principles of legality, equality, equity, voluntary and honest credit.

The legitimate rights and interests of enterprise, brokering and valuation institutions and their practitioners in real estate development are protected by law and no units and individuals may interfere unlawfully with their operations and outcomes.

Real estate development enterprises, brokers and valuation institutions and their practitioners should be properly kept in the possession of information received from the parties to the transaction in their operations, to preserve the personal privacy and commercial secrets of the parties and not to use the information they have obtained.

Article IV provides guidance, inspection, supervision and management of the real estate market (hereinafter referred to as the competent authority).

Sectors such as development reform, business, prices, construction, tax, labour, State asset management, banking regulation are governed by their respective responsibilities for property market conduct.

Article 5 The authorities should establish a information system for real estates as a property transaction, a management operating platform and a publication platform for the management of information, as required by the regulation of the real estate market.

In addition to the public information provided by the law, the use of the information system should be certified by figures to obtain the corresponding operational authority.

The management and use of information systems is developed separately by the authorities.

Article 6 encourages and directs the establishment and improvement of the relevant real estate industry organizations by enterprise, brokering and valuation agencies. Under the guidance of the competent authorities, the real estate industry is managed in accordance with the laws, regulations, regulations and industrial organization statutes.

Real estate industry organizations should actively organize business training and continuous education for enterprise, brokering and valuation institutions and their practitioners.

Real estate development enterprises, brokers and valuation institutions and their practitioners should participate in operational training and continuing education on time, increasing operational quality and the level of business.

Chapter II

Article 7. Enterprises engaged in the development of property shall obtain a certificate of excellence in real estate development in accordance with the law.

Any units and individuals that have not obtained a certificate of excellence in the development of property are prohibited from carrying out property development in violation of national land management legislation by any unit and person to carry out property development in land without the right to build land under the law.

It prohibits the construction of buildings in violation of the provisions of the preceding sale and prohibits any unit and individual services and facilities for their sale.

Article 8. The real estate development project should establish project capital bonds in accordance with the relevant national provisions, with exclusive storage in commercial banks for project construction. The commercial banks should make a project capital reserve certificate available to the real estate development enterprise after the project capital storage process.

Capital funds for real estate development projects include project capital funds, which are not in accordance with national provisions, and the development reform sector does not approve the establishment of construction permits.

Article 9. Prior to the application for the sale of the real estate development project, the balance of the capital accounts of the project should be less than 10 per cent of the capital of the project and, after the project obtains a stand-alone voucher, the user can be extracted.

Until the conditions of extraction are met, real estate development enterprises may not in any way divert project capital payments under the preceding paragraph and commercial banks may not be disbursed.

Commercial banks have shown that they do not pay funds in accordance with this article, and the banking regulation sector should be treated in accordance with the law and recorded in the solicitation records.

Article 10 Real estate development enterprises should establish a manual for real estate development projects within 10 days of the conclusion of the construction of the right to use the land. The main matters in the construction and operation of the real estate development project should be documented and updated in a timely manner.

Article 11 Priorities for the development of the commercial sales of commodities by the enterprise should be determined in a reasonable manner and be reported on price supervision of the law enforcement sector reserve.

Real estate development enterprises should sell their commodities at a minimum price in accordance with the required sales price. Adjustments to the price of sales and adjustments of up to 15 per cent of the requested price should be made to the price-adjusted changes.

The price management sector should establish and publish rules of conduct for the development of prices for real estates, leading to, regulating the development of real estates, as a matter of law ownership.

Article 12. The sale of commodity premises shall be in accordance with the following conditions:

(i) Reimbursement and certificates of property rights;

(ii) A licence for construction planning and construction of construction works;

(iii) The following seven-tier (concluded) commodity housing projects have been closed, with more than two thirds of the surface for more than seven-tier commodities projects;

(iv) Establish the date of construction progress and completion of delivery;

(v) The project on the sale of commodities and its land-use rights do not create his rights and are not sealed, seized and seized by the judiciary or administrative organs;

(vi) The balance of the capital account for the project is not lower than the capital fund of the project. 10%;

(vii) Other conditions under the law, regulations.

Real estate development enterprises may not be sold directly or sold in the form of internal requisitions, internal recognition, etc. prior to obtaining a licence for the sale of commodity reserves under the law.

After obtaining a licence for the sale of the royalties, the real estate development enterprise shall, within 10 days, make a statement of all pre-disposed commodity premises, advance sales, pre-agement and pre-supposed prices, not be sold in private, such as in-house requisitions, internal recognition.

Article 14.

(i) Guidance on the purchase of houses;

(ii) The licence and the certificate of qualifications;

(iii) Construction of land-based planning licences, construction of engineering planning licences and construction work permits;

(iv) The granting of pre-release licences should be disclosed to commodity premises;

(v) Build the right to use a letter of contract;

(vi) Model text and annexes on contracts for the sale of commodity premises;

(vii) The overall picture and mapping of commodity housing projects;

(viii) Energy consumption indicators for commodity housing, energy efficiency measures and protection requirements, and the maintenance period;

(ix) The sale control form for commodity housing;

(x) The statute of provisional management of the owner;

(xi) The name, fees and the contract for the services of the former business sector;

(xii) Other material requested by law, legislation, regulations and authorities.

Article 15. Real estate development enterprises should facilitate access by the purchaser to information relating to urban planning, public infrastructure, development of progress.

Article 16

A real estate development enterprise and a purchaser may, by consensus, modify or add down the provisions of the model text in accordance with the law, not be in violation of the law, the mandatory provisions of the statute and the agreement to use the right to make the contract.

The real estate development enterprise for the sale of commodity premises shall be submitted to the competent authorities for the contract to be signed within 10 days of the date of the contract for the sale of commodities.

Notes and promises on commodity premises and related facilities, such as sales advertisements for real estate development enterprises, the sale of buildings, the sale of lots, and the establishment and price of contracts for the sale of commodities, should be seen as a matter of the contract for the sale of commodities.

Real estate development enterprises should provide in writing details of the materials and their prices, specifications, and indicate whether they are consistent with the sale of commodity premises and place them at the entrance of the template.

The enterprise for real estate development does not provide a model statement of descriptions and promises for specific identified commodity housing and related facilities; a model house statement does not provide a statement and a clear project, which is a statement and promise for specific identified commodity housing and related facilities.

Article 18 Prior to the completion of the commodity rental project, the provision for the sale of the commodity premises must be dedicated to the purchase of construction materials, equipment and payment of construction projects necessary for the construction of construction materials (including wages and social insurance) and statutory taxes, administrative fines.

Article 19

The commercial banks may conduct on-site inspection of the progress of the work, upon receipt of a request for payment of advance sales. Business banks should refuse disbursements if they were found to be incompatible with progress.

Commercial banks do not make payments under article 18 of this approach and Article 19, which should be treated in accordance with the law and recorded in the solicitation records.

Article 20

Real estate development enterprises should pay engineering accounts to the construction enterprises in accordance with the relevant provisions, in a timely manner after the completion of the project. The real estate development enterprise shall be able to process the cancellation of the accounts for the sale of the royalties by the opening-up commercial banks in full of the payment of the works section (which contains quality insurance).

Article 21 Business development enterprises commission the sale of commodity premises by the agent of the property brokers and should include the name and file number of the trustee property broker in their published commodity sales advertisements.

Article 2

Until the land disposal programme requires the completion of the relevant disposal responsibilities, the competent authorities shall prohibit the development of the property and its shareholders in competing purchases in public terms such as land-use tenders, auctions, walls.

Article 23

(i) The sale of commodity premises to another person prior to the absence of a contract for the sale of commodity premises;

(ii) Establish false contracts;

(iii) The sale of commodity houses in violation of the price reserve system;

(iv) Prior to the acquisition of a licence for the sale of a commodity house, a proposal for a purchase of a commodity house with the purchaser, or the payment of a treasury, a fine or a purchase of the property in the form of an expression of interest, goodwill and other forms;

(v) Contrary to the will of the purchaser, arranging other commodities, imposing or disguised services and collecting fees, or adding other unreasonable conditions for the provision of financial support to the purchaser;

(vi) Other acts prohibited by law, regulations and regulations.

Article 24

(i) Harmonize the identification, maintenance, change of prices by agreement, decision or other synergistic actions;

(ii) Restrictions on the number of sales, including through the accumulation of sources of house arrest and roughing of the sale; and manipulation of prices;

(iii) Constrainting, discreteing or slackening of housing sources, raising prices, triggering market panic and promoting higher commodity prices;

(iv) In providing the same hierarchy and the same quality of commodity buildings, there is no reason to justify different sales prices for the relatives of different transactions;

(v) Other price violations prohibited by law, regulations and regulations.

Article 25

(i) The unauthorized use of the enterprise or project name of another person, as well as symbols, graphics, nams representing his or her name, misleading that the owner is a commodity or business activity;

(ii) Contrary or intrus the quality symbols, such as authentication symbols, superiority symbols, and misleading the quality of commodity premises;

(iii) To use the property or other means of bribery of the project construction, communication, quality inspection, water supply, electricity, etc. enterprises, utilities and property brokers, valuations, etc.;

(iv) Access to commercial secrets or disclosure, use, and permit others to use commercial secrets obtained by improper means;

(v) Contrarying, dispersing false facts that undermine the commercial credibility of competition and the reputation of commodities;

(vi) Conduct of awards prohibited by law;

(vii) The use of advertisements or other methods for false publicity of misunderstandings of commodities;

(viii) Other wrongful acts prohibited by law, regulations and regulations.

Article 26 Real estate brokers, valuation agencies and their practitioners shall not provide services or facilitate the operation of the scheme as set out in articles 23 to 25.

Chapter III

Article 27 of this approach refers to property brokers, including property brokers and associates.

The scheme refers to persons who have obtained certificates of eligibility for the conduct of the property broker in accordance with national regulations.

The branches established by the real estate broker should operate on behalf of the respective property brokers.

Article 28 Property brokers (including branches established by law, with the same) operate in this city shall have the following material to the competent authorities within 30 days of the acquisition of a business licence or within 30 days of operation of the scheme:

(i) The licence of business;

(ii) The identity of a legal representative or head;

(iii) A certificate of eligibility for property brokers, labour contracts and social insurance payments;

(iv) Other material published by the competent authorities in the process.

The competent authorities shall, within five working days of the receipt of the requested material, provide for the proceedings.

The sectors such as business and labour should facilitate the verification of material for the property brokers.

Article 29 governs the operation of property brokers and shall be a member of the property broker and shall be required for the processing of the case by the competent authorities (hereinafter referred to as the registration of the business).

Property brokers should be familiar with the legal, regulatory and related industrial management provisions relating to real estate, with certain real estate expertise, the acquisition of real estate transactions procedures and substantive operating techniques and skills, and the operation of supporting property brokers.

Real estate brokers should guide the operations of the supporting personnel and assume responsibility for their subsidiary conduct.

Article 33 Real estate brokers and their practitioners shall participate in annual inspections organized by the competent authorities in accordance with the Urban Property Intermediation Services Management Provisions. Inspections are not qualified and no business activity in property brokers should be continued before the required re-election.

Article 31 should inform the society through the information system of the real estate brokers operating in this city, as well as the performance registration information of property brokers.

Changes in the performance of registration information for property brokers and the performance of the property broker should be made available to the competent authorities within 30 days of the change date.

Article 32: The property broker shall make the following information available in its operation:

(i) The licence and the supporting certificate;

(ii) The names of property brokers and their registration information in the operation;

(iii) A model text of the contract for property brokering services issued by the competent authorities;

(iv) Trade guidance developed by industry organizations;

(v) Services projects, content, standards and processes;

(vi) Feed projects, fee base and criteria;

(vii) Means of access to credit files;

(viii) Modalities and means of complaints;

(ix) Other matters requested by the authorities.

Article XIII accepts the commissioning of business by property brokers and shall use the model text of the property broker service contract issued by the real estate information system to enter into a property brokering service contract with the author.

The property broker service contract shall be signed by the owner implementing the brokering operation, with the names of the property brokers involved in the brokering operation and the registration of information in the business sector.

Article 34, Priorities brokers prior to the conclusion of a contract for property brokering services, shall inform the author of the following matters:

(i) Names of property brokers carrying out the operation, status registration number;

(ii) The work to be assisted by the commissionor, the necessary material and documentation;

(iii) General procedures for real estate transactions;

(iv) Tax fees involved in the transaction process;

(v) Other matters under laws, regulations and regulations.

Property brokers and their practitioners should inform the commissioners about the progress of their services and transactions-related matters.

Article 35 Authors should provide material necessary for the operation of the property broker to the property broker and be responsible for the authenticity and legitimacy of the material provided.

Article XVI accepts the commissioning or provision of interhabitation services by property brokers and shall test the authenticity of property rights and the authority to dispose of property of the author.

Article 37 Information on the source of property issued abroad by property brokers should be authentic and accompanied by a corresponding information code.

Real estate brokers should obtain the system's automated source information codes through a written broker service contract with the parties.

Any unit and individual may test the corresponding source information through the information system through the property information system.

Article 338 The acquisition, sale, lease, rental property by a property broker agency or practitioners through this broker shall be communicated to the transaction party in writing prior to the signing of the property transfer, the lease contract and the written consent of the transaction party.

Article 39, without the written consent of the parties to the transaction, the property broker shall not receive or regulate the transaction payments paid by the parties to the transaction.

After the written consent of the parties to the transaction, real estate brokers may receive or regulate transactions that do not exceed 5 per cent of the total transaction price.

Article 40 Procedural advertisements by property brokers should contain the name and number of their institutions.

Property brokers are not subject to false advertising.

Article 40

(i) A person who hires or assigns a non-constitution registry to perform a property brokering operation either on behalf of a property broker or otherwise;

(ii) In the name of other enterprises or in the name of the enterprise;

(iii) Disaggregation of information such as real real property transaction prices by the transaction party and earning the transaction price;

(iv) Provision of brokering services for property prohibited by law, regulations, regulations and regulations;

(v) Conceptual facts or conceal the truth, misleading, fraud against the author or other relevant parties;

(vi) Inadequate competition, such as compulsory or variable services and fees;

(vii) To facilitate the conclusion of different contracts with respect to the same real estate for the purpose of circumventing royalties or other unlawful purposes by the transactioning party;

(viii) Other acts prohibited by law, regulations and regulations.

Article 42

(i) Work at the same time in two or more property brokers;

(ii) Extend in the name of a person to engage in a business of a property broker or receive compensation for the service;

(iii) In the name of another person or by allowing others to engage in property brokering in their own name;

(iv) To request, receive compensation other than the agreement of the brokering contract or other property, or to take advantage of the work, to obtain other undue benefits;

(v) Other acts prohibited by law, regulations and regulations.

Chapter IV Real estate (land) valuation

Article 43

The methodology refers to the owner of the valuation of property and the land valuation assistant, which is based on the State's provisions, to persons who have obtained the certificates of qualifications of the owner of the valuation of the property or the title of the land valuation officer and are registered.

Real estate (land) valuation institutions that meet the requirements of the State's level of qualifications may establish branches to undertake external operations in the name of the property (land) valuation body.

Article 44 Real estate (land) valuation operations in this city shall have the following material to the competent authorities within 30 days of the date of the acquisition of a certificate of credit or the performance of the valuation operation:

(i) The licence of business;

(ii) The certificate of qualifications;

(iii) A certificate of eligibility, registration certificate, labour contracts and social insurance for the valuation of the person (land);

(iv) Other material published by the competent authorities in the process.

The competent authorities shall, within five working days of the receipt of the requested material, provide for the proceedings.

Article 42, the branches of the Real estate (land) valuation body operating in the city shall have the following material to the competent authorities within 30 days of the date of the valuation operation:

(i) The licence of the branch to operate;

(ii) A certificate of qualifications of the property (land) of the property (land) valued body;

(iii) The certificates of qualifications, registration certificates, labour contracts and social insurance of the property of the branches (land);

(iv) Other material published by the competent authorities in the process.

The competent authorities shall, within five working days of receipt of the requested material, process their branches.

Article 46: Real estate (land) valuation agents should be part of the real estate (land) valuation body (including branches established by law, with the same), and in accordance with the provisions for the preparation of the case by the competent authorities (hereinafter referred to as the registration of the business).

Real estate (land) valuation support staff should have certain theoretical knowledge and substantive operational skills.

The valuationr of the property (land) should guide the operations of the supporting personnel and assume responsibility for the subsidiary conduct.

Article 47 should inform the society of the information on the status (land) valuation body and the performance registration information of the property (land) valuation staff.

Changes in registration information in the real estate (land) valuation body and the performance (land) valuation staff should be made available to the competent authorities within 30 days of the change.

Article 48: The real estate (land) valuation body shall make the following information available in its operation:

(i) The licence of business;

(ii) The certificate of qualifications;

(iii) The name of the owner of the property (land) and the registration information of its business;

(iv) A demonstration of the award of contracts issued by the competent authorities (land);

(v) Services projects, content, standards and processes;

(vi) Feed projects, fee base and criteria;

(vii) Means of access to credit files;

(viii) Modalities and means of complaints;

(ix) Other matters requested by the authorities.

The real estate (land) valuation body shall issue advertisements and shall contain the name and file of its agency.

Article 49 Real estate (land) valuation body accepts the commissioning of the property (land) valuation operation, which should be entrusted with the contract in writing with the author through the use of the property information system for the use of the property (land) valuation authority.

Article 50: The valuation of the property (land) and the performance of the property (land) valuation operation shall be avoided in relation to the author or the relative owner of the valuation operation.

Article 50 of the Real estate (land) valuation body accepts the commission of the valuation operation and should assign more than two occupants or land valuationrs.

The valuator should conduct a field review of the valuation target and be able to keep the records on the ground and the clients and the relevant parties should assist.

Article 52: The Real estate (land) valuation body shall report the results of the valuation through the information system.

The valuation report shall be signed by the valuationr of the performance of the valuation operation and shall be added to the chapter of its own property (land) valuation body.

The valuationr signed in the valuation report shall be responsible for the authenticity and legitimacy of the valuation report.

Article 53 Real estate (land) valuation institutions should establish an internal review and review system for valuation reports.

The author and other stakeholders objected to the valuation report and could request a review within 5 days of receipt of the valuation report, which shall respond within 5 days of receipt of the review request. Changes in the valuation results should be redirected to the valuation report; the results of the valuation were not changed and written notice should be made and justified.

Article 54 Authors and other stakeholders still contest the outcome of the review, which may apply for expert technical identification to real estate (land) valuation industry organizations.

Industry organizations should organize expert experts to validate the findings that the evaluation report does not have technical problems and should maintain the valuation report; identify the findings that there is a technical problem in the valuation report, and that the evaluation body should correct and redirect the valuation report.

Article 55

(i) The employment or assignment of persons who have not been registered in the business sector in the name of the property (land) valuation officer or other manner in the valuation of the property (land);

(ii) To permit other enterprises to carry out valuation operations in the name of the enterprise;

(iii) The valuation of property (land) valuation norms and standards;

(iv) Reports of false or unrealistic valuation;

(v) Inadequate competition;

(vi) Conceptual facts or conceal the truth, misleading, fraud against the author or other relevant parties;

(vii) Other acts prohibited by law, regulations and regulations.

Article 56

(i) At the same time, the executive branch of two or more properties (land);

(ii) Expropriation of property (land) in the name of the individual or payment of services;

(iii) In the name of another person or by allowing others to engage in the valuation of property (land) in their own name;

(iv) The valuation of property (land) valuation norms and standards;

(v) signing false or unrealistic valuation reports;

(vi) To request, receive compensation other than the awarding contract or other property, or to take advantage of the work, for other unjustifiable interests;

(vii) Conceptual facts or conceal the truth, misleading, fraud against the author or other relevant parties;

(viii) Other acts prohibited by law, regulations and regulations.

Chapter V

Article 57 Territorial Industries is a self-registered social group established by law in the real estate industry, and its organizational management system and the rights of its members are regulated by the Constitution.

Real estate industry organizations include property development, brokering, valuation associations.

The authorities carry out operational guidance to property sector organizations in accordance with the law.

Article 58 develops business and property brokers, and the valuation body is a member of the group.

Real estate brokers, real estate (land) valuationers joined the corresponding real estate industry organizations as personal members.

Article 59

(i) Develop and organize the implementation of the industry's business contract and establish self-regulation mechanisms and member credit records;

(ii) To take appropriate industrial self-regulation measures against members that violate the industrial organization's constitution or regulate and impair the overall interests of the industry;

(iii) Activities such as industry training, communication, counselling, exhibitions, promotion of new materials, new technologies, new processes, upgrading industry quality and product and product quality;

(iv) Produce market and industrial information, recommend industrial products or services, and provide technical advice;

(v) Promotion of property legislation and related policies;

(vi) Structural conduct and objectively and impartial coordination among members, between members and non-members, and between members and consumers, as well as their role in maintaining public interest in society;

(vii) To assist the Government in carrying out activities such as industry surveys, decision-making advice and industrial policy development, to reflect industry-related matters, to make observations and proposals to preserve the interests of the industry and the legitimate rights and interests of its members;

(viii) Inspection and evaluation of industrial conduct with the authority delegated by the authorities;

(ix) Laws, regulations, authorizations or other functions entrusted by government departments, as well as under the industrial organization statute.

Article sixtieth does not include:

(i) To prevent fair competition through the development of industrial rules or other means of monopoly markets, undermine the legitimate rights and interests of consumers, non-member units or the public interest of society;

(ii) Participation in the operation of profitability;

(iii) Constraint members from carrying out legitimate business activities or participating in other social activities;

(iv) Constraints, prohibitions on the exercise of the rights of members in accordance with the Constitution, requiring members to fulfil their obligations beyond the provisions of the statute and to violate the legitimate rights and interests of members within the organization of the industry;

(v) Other acts prohibited by law, regulations and regulations.

Chapter VI Oversight inspection

Article 61 establishes a regulatory and annual inspection system for the property market.

In carrying out regulatory and inspection duties, the authorities have the right to take the following measures:

(i) Access to licensed enterprises, accessing, storing and replicating operational-related materials;

(ii) The inspection of enterprises and personnel to provide quality certificates, qualifications, project manuals and other operational-related materials;

(iii) To correct violations committed by enterprises and persons;

(iv) Other measures under the law, legislation and regulations.

Article 62, in the course of monitoring inspections, the competent authorities found that real estate development enterprises, brokers and valuation institutions and their practitioners were in violation of the provisions of the law, regulations and this approach, according to the following:

(i) Explore the perpetrators, promote their norms and change themselves;

(ii) To put an end to the offence and to a period of time to be changed;

(iii) A moratorium on the use of information systems;

(iv) Administrative punishment by law or transfer of the relevant authorities to the law;

(v) To bring down, deduct, cancel the qualifications, qualifications of the perpetrator or to the business sector the licence to operate under the law.

Article 63 establishes a web-based platform for the development of information on the real estate market and regularly disseminates information on the availability and delivery of new construction commodities, the supply of stock-based commodities and the provision of information, information from the industry, project management information, real estate monitoring reports, and the strengthening of industry management.

Article 63 quantification of prices should establish a system for monitoring real estate prices and monitoring changes in commodity market prices.

The overall level of real estate market prices is characterized by a dramatic volatility, which can be duly sanctioned by the price supervision of the law enforcement sector by law, inter alia, by notices, meetings, written notices, interviews, etc.

Article 65 oversees the law enforcement sector, and the business sector should strengthen the regulation of unreasonable competition, price violations, and be checked in accordance with the law.

The price supervision of the law enforcement sector, the business sector, etc., has found that the development of enterprise, brokering and valuation institutions in real estate involves price monopolies and should be transferred to anti-monopoly law enforcement agencies to conduct checks under the law.

Article 46 should strengthen the regulation of the enforcement of labour laws, regulations, regulations and regulations for the management of labour contracts in real estate development enterprises, the valuation and brokering institutions, and the payment of employees' social insurance, in accordance with the law, to detect corporate, valuation and brokering in property.

Article 67 should inform society of the establishment of a good-faith archives of the real estate industry, such as its business performance, credit records, etc.

In cases such as real estate development enterprises, brokers and valuation agencies and their practitioners in violation of industrial self-regulatory norms, violations of the law, vetting of evidence-based complaints, administrative penalties and criminal penalties, they should be recorded as a bad credit record in their authentic files.

The authorities should develop specific management options for the authentication of the property industry in accordance with this approach. The authorities may entrust the relevant real estate industry organizations with specific matters relating to the management of the real estate.

The authorities may establish specific conditions and procedures under the law that restrict their participation in the development of real estate development, brokering and valuation activities, in accordance with the poor credit records of the enterprise, brokering and valuation institutions and their practitioners.

Any unit or individual shall not be compulsory or transcendable to the development of an enterprise, brokering and valuation agency for the purposes of evaluation, achievement, sponsoring and exhibition.

Real estate development enterprises, brokers and valuation institutions shall not be allowed to organize themselves or to participate in the various ratings, rankings approved by law.

Article 69 contains media coverage, coverage, dissemination of false and false information on the real estate market, which should be addressed by the media. The media have not made public corrections and the relevant departments or the parties concerned may bring the press publisher to the law.

Chapter VII Legal responsibility

Article 76, the competent authorities and other relevant departments and their staff are held accountable under the law for negligence in the management of the property sector, provocative fraud, abuse of authority or other violations; and the transfer of suspected crimes to the judiciary.

Article 76 of the Act violates this approach by organizations of the real estate sector, which are one of the acts under article sixtieth, is subject to correction by the competent authority's order and are not redirected or severely, and is transferred to the civil affairs sector by the competent authorities.

In cases where property sector organizations are entrusted with a violation of this approach or of laws, regulations and other regulations, the competent authorities shall be responsible for the cessation or correction of the offence and, in serious circumstances, the authority shall be delegated to the organization responsible for the restructuring of the property industry and the rehabilitation of the eligible party, and the staff of its specific office shall not be allowed to perform the functions assigned to the property sector once again.

Territorial industry organizations and their staff are suspected of committing crimes and transferred to the judiciary.

Article 72

(i) In violation of this approach, the balance of the capital fund account in the case of the project for the development of property was lower than the project capital fund. 10 per cent, or prior to the project's acquisition of a qualified voucher, has been transferred by the competent authority, with a fine of 10,000 dollars, without the granting of a licence for the sale of commodity premises, and the issuance of a warrant issued for the suspension of the sale;

(ii) In violation of this approach, no project manual has been established or no project manual has been completed by the competent authorities, with a fine of $20,000;

(iii) In violation of this approach, the price of the sale of commodities is not reported or the adjustment of the sales price has not been changed according to the requirement for processing, and is converted by price supervision of enforcement orders and a fine of 10,000 dollars;

(iv) In violation of this approach, the sale or sale of commodity premises by means of internal recognition, internal recognition, etc., at the end of the licence for the sale of pre-disposed sales, is subject to the authority's duty to stop the unlawful sale of property and a fine of up to 10,000 dollars per unit for the number of commodities actually sold;

(v) In violation of this approach, the material is not disclosed in the place of business, which is being converted by the time limit of responsibility by the competent authorities, with a fine of 1 million dollars per person of the unleashed material;

(vi) In violation of this approach, the amount of the commodity reserves that had not been charged by the earmarked deposit accounts for the sale of the commodity reserve was corrected by the competent authority for a period of time and were charged with the payment of the royalties by a total of 50,000 yen by the amount of the goods that had not been sold through the earmarked account for the prior sale;

(vii) In violation of this approach, article 23, subparagraphs (i), (ii), (v), is one of the acts provided for in subparagraphs (i), (ii) and (v) of article 23, which is being responsibly corrected by the competent authority, and the sale is suspended, and the number of commodities covered by the offence is a fine of 10,000 dollars per unit;

(viii) In violation of this approach, article 24, article 25 provides for a period of time to be converted by the competent authority; the development of a business for the enforcement of price violations and unreasonable competition, which is governed by the price supervision of the law enforcement sector, the business sector in accordance with the relevant provisions.

The relevant authorities shall prohibit their shareholders, directors, heads of offices, senior management, in the current city of the land use right to operate in the real estate or obtain new concessions within three years from the date of the suspension of the licence of business or property development certificates.

The real estate development project has an impact on urban planning that is still subject to correctional measures, and prior to the legal penalties, the authorities may suspend the sale of the portion of the project relating to the construction of the law or of all commodity buildings.

Article 73 Territorial brokers, valuation agencies and their staff members provide services or facilities for the enforcement of price violations or unfair competitions for real estate development enterprises, where they are known or should be known, and are liable by the business, price supervision law enforcement authorities to stop the offence and fine the property broker, the valuation agency.

The construction of the construction of engineering units, construction units and commercial banks violates the provisions of this approach by providing for false evidence of documentation, neglected to perform regulatory duties, leading to the infertilization of sales by the real estate development enterprise, which is charged by the construction sector or the banking administration sector to stop the offence and a fine of $100,000.

Article 74

(i) In violation of this scheme, excess of the payment of the royalties or the regulation of the transaction of the parties, which is returned by the competent authority to the amount exceeding that portion, with a fine of up to 50 million dollars per month for the payment of the transaction;

(ii) In violation of this approach, the issuance or non-application of a housing source information coding is not issued or subject to the provision of a treasury by the competent authority for a period of time and a fine of one thousand dollars per section of the company's information coding for the property that has not been issued or has not been issued as prescribed;

(iii) In violation of this approach, articles 41 (ii) to (viii) provide for one of the acts provided for in articles 41, subparagraphs (ii) to (viii), which are converted by the competent authority to a fine of $50,000.

In violation of this approach, property brokers are treated in accordance with the following provisions:

(i) In violation of this approach, there is one of the acts provided for in article 42, which is being converted by the competent authority to a fine of $20,000;

(ii) In violation of this approach, the property broker was not signed at the time of the implementation of the operation, and the time limit was changed by the competent authority, with a fine of 5,000 dollars per unit for the implementation of the business by the owner's property broker in the absence of a signed operation, and a fine of $1 million per unit for the implementation of the operation by the respective property brokers.

Article 75 Real estate (land) valuation body violates this approach, with one of the acts set out in articles 55 (ii) to (vii) of article 55, which is subject to a change in the authority period and a fine of 50,000.

In violation of this approach, the real estate (land) valuationr has one of the acts set out in article 56, which is converted by the authorities to a fine of $20,000.

Article 76 Professionals, valuation agencies violate this approach and operate in the city without request, with a fine of US$ 50,000 for the time period of time being transferred by the competent authority.

In violation of this approach by property brokers, valuation agents, operating in the city without the registration of the business, the time limit is being converted by the competent authority, a fine of tens of 3,000 dollars for real estate brokers, valuation agents, and a fine of 3,000 dollars for the actual hiring agency.

In violation of this approach by property brokers, valuation agencies and their branches, changes in corporate case information, brokering or valuation agents' performance registration information have not been processed within the prescribed time frame, and a fine is imposed by the authorities for property brokers, valuation agencies.

Article 77 Property brokering, the valuation agency violates this approach and does not disclose the material at the place of business, which is being converted by the authority's time limit, with a fine of 10,000 dollars per non-statement of material.

Article 78 develops businesses, brokers and valuation institutions in violation of this approach, which does not provide for property brokering at the time of advertising, the name of the valuation institution and the number of cases, and is being redirected by the competent authority to issue an advertisement of property in violation of this scheme, an advertised operator and an advertised person, and is fined by the business sector of 50,000, respectively; other advertising offences are governed by the relevant legislation.

Article 79 of the law establishes a property broker, the branch of the valuation body with the scheme that provides for penalties, and its own property brokers, the valuation body registered in this city shall be directly punished by the competent authorities for its own property brokers, the valuation agency, its own property broker, the evaluation body does not register in the city, and the authorities may recommend that the property broker, the relevant authorities of the registry of the valuation institution be treated in accordance with the law.

Article 810 does not have access to property development units or individuals to undertake property development, or in violation of national land management laws, regulations and regulations, which have been established by law on land without the right to build land. Quality security does not seriously affect the use of urban planning, which is used by law forfeiture or expropriation.

In violation of article 7, paragraph 2, of the present approach, the sale of illegal constructions in violation of the law, which are confiscated by the competent authorities in accordance with the law, cannot be calculated by the proceeds of the law, calculated in accordance with the assessment of the actual proceeds of the construction of the works carried out by the authorized construction; and the transfer of criminal offences to the judiciary.

Article 7, paragraph 2, of the construction scheme provides for the construction of a construction enterprise that is in conflict with the law of the construction sector; the provision of services in violation of article 7, paragraph 3, of the scheme or the facilitation of legal services for the sale of illegally constructed buildings, public evidence institutions, commercial banks, etc., is governed by law by the judicial administration, banking institutions.

Chapter VIII

Article 81 allows the competent authorities to develop a specific accompanying policy based on the relevant provisions of this approach, to be implemented after the approval of the prescribed procedures.

Article 82