Does the industry Committee have the right to renew the previous property?

Legal analysis: the owners' committee has no right.

According to the property management regulations, the owners' congress has the right to decide whether to hire, replace and renew the property management contract.

A resolution can only be made if it is approved by more than two thirds of all the owners.

The owners' committee is only the handling institution of entrusted affairs, and its rights are decided according to the authorization of the owners' congress, and it has no rights in itself.

Legal basis: Article 940th of the Civil Code of People's Republic of China (PRC). Before the expiration of the service period stipulated in the preliminary realty service contract concluded by the construction unit and the realty service provider according to law, the realty service contract concluded by the owners' committee or the owners and the new realty service provider takes effect and the preliminary realty service contract is terminated.