The Owners’ Committee in China: A Non-Owner Owned Puppet?
26 Pages Posted: 23 Aug 2016
Date Written: July 25, 2016
The Owners’ Committee in China, ever since its creation in the late 21st century, has been unpopular and unknown to most private property owners in China. Ideally, a well-functioning Owners’ Committee should benefit the property owners and serve to be the entity acting in the best interests of the owners. However due to political, cultural, as well as legal factors, the establishment of Owners’ Committees in China has yet to become a typical practice, and Owners’ Committees have yet to become entities that effectively safeguard property owners’ interest. There is scarce scholarly research in both Chinese and English regarding how the law can facilitate the formation and operation of the Owners’ Committees. This Article utilizes previous research findings on this topic and addresses various problems of the Owners’ Committee, and proposes several solutions on how the reconstruction of the current legal mechanism can facilitate a well-functioning Owner’s Committee in China.
Keywords: Owners’ Committee in China, property owners
JEL Classification: K11
Suggested Citation: Suggested Citation