Adopted on January 3, 2000; Amended on January 6, 2011
Effective: March 1, 2000; Amended 2011
Table of Contents
Article 1 — These Provisions are formulated in accordance with the Urban Real Estate Administration Law of the PRC to regulate real estate development operations.
Article 2 — Real estate development enterprises shall obtain qualification certificates. No enterprise may engage in development without a certificate.
Article 3 — The housing department under the State Council shall be responsible for qualification administration nationwide.
Article 4 — Qualifications are classified into Grade 1, 2, 3, 4 and Provisional with conditions for registered capital, personnel and performance.
Article 5 — Grade 1 shall be approved by the State Council housing department; Grade 2 and below by provincial departments.
Article 6 — Enterprises shall operate within their qualification grade scope.
Article 7 — Qualifications shall be subject to periodic inspection. Failing enterprises face downgrading or revocation.
Article 8 — Foreign-invested real estate development enterprises shall comply with these Provisions.
Article 9 — Violations shall be penalized with fines, downgrading or revocation per law.
Article 10 — These Provisions shall become effective on March 1, 2000. Amended January 6, 2011.
Disclaimer: This English translation is provided for informational purposes only and is not an official translation. While every effort has been made to ensure accuracy, the original Chinese text shall prevail as the authoritative version. Users should consult qualified legal professionals for matters requiring legal interpretation. Dan Young Business Consultancy assumes no liability for any errors, omissions, or reliance on this translation.
