Pay the rent for more than 3 months and deposit it into the supervision account! Chengdu introduced new rules for renting houses.

in the face of the recent situation of "lightning explosion" and "running away" of long-term rental apartments in many places, the competent departments of many industries not only issued risk warnings, but also issued a new policy on the supervision of housing rental funds.

On September 11th, Chengdu issued a new regulation on the supervision of rental funds, requiring housing rental enterprises to open the only fund supervision account in the city. If the rent payment period exceeds 3 months, the rent, deposit and funds obtained from "rent loan" should be deposited into the supervision account.

people in the industry believe that through the establishment of supervision accounts, the use of funds of enterprises can be supervised, so as to avoid the fund pool formed by enterprises' "long receipt and short payment" operation and the illegal misappropriation of funds for non-operating purposes, and protect the rights and interests of landlords and tenants. The new regulation of capital supervision in Chengdu can be understood as the establishment of the "Alipay" model of rental rent, which has a demonstration effect and is expected to become a more innovative point in the field of long-term rental apartments in the future.

The rental period exceeding 3 months should be deposited into the supervision account

On September 11th, the Chengdu Housing and Construction Bureau, China Banking and Insurance Regulatory Commission Sichuan Supervision Bureau, Chengdu Financial Supervision Bureau and the Management Department of Chengdu Branch of the Central Bank jointly issued the Notice on the Supervision of Housing Leasing Funds (hereinafter referred to as the Notice).

the circular requires that housing leasing enterprises should open the only housing leasing fund supervision account (hereinafter referred to as "supervision account") in Chengdu commercial bank, and sign a housing leasing fund supervision agreement with the undertaking bank to clarify the supervision contents, methods and processes. The account shall not withdraw cash or collect funds of other nature.

at the same time, in the case of a new lease relationship since the date of implementation of this notice, if the lessee pays the rent to the housing leasing enterprise for more than three months, the housing leasing enterprise shall deposit the rent, deposit and funds obtained by using the "rent loan" into the supervision account, and the funds obtained by the "rent loan" shall be transferred to the supervision account through consultation between the housing leasing enterprise and the lessee and the financial institution issuing the loan. If the lessee pays the rent to the housing leasing enterprise within three months, the lessee shall decide whether to deposit the rent and deposit into the supervision account for management.

In this regard, Yan Yuejin, research director of think tank center of Yiju Research Institute, pointed out that the core content of Chengdu's new rent supervision policy is that rent payment cycle is more than three months, which requires mandatory rent supervision, while those shorter than three months can be negotiated. The funds under supervision are rent in a big concept, including rent, deposit and "rent loan" funds, and supervision is more in place. In addition, the supervision of rental loans requires the coordination or consultation of leasing enterprises, lessees and financial institutions.

According to Huang Hui, a senior analyst in RealData, through the establishment of a supervision account, the use of funds of enterprises can be supervised, so as to avoid the fund pool formed by enterprises' "long receipt and short payment" operation and the illegal misappropriation of funds for non-operating purposes, and protect the rights and interests of landlords and tenants. In addition, the new regulatory policy also forced leasing companies to improve their capital chain management and refined operational capabilities. First, standardize the fund use system and review its own compliance; The second is to do a good job in the cost management of "fixed income by output" and maintain a stable and healthy cash flow through refined operation.

Yan Yuejin believes that on the basis of previous pilot projects in Hangzhou, Chengdu's new regulatory policy is more mature and easy to operate. Chengdu's supervision of housing lease-related funds can be understood as the establishment of the "Alipay" model of rental rent, that is, the establishment of the third-party fund supervision model, which regulates the use of funds, has a positive effect on the protection of tenants' funds, and at the same time makes the use of funds for long-term rental apartments face constraints, preventing long-term rental apartment enterprises from illegally misappropriating rents and preventing the occurrence of various lightning incidents. At present, all parts of the country are actively promoting the policy of supervision of rental funds. Such policies in Chengdu have a demonstration effect, and it is expected that the follow-up will become a more innovative point in the field of long-term rental apartments.

Release housing lease risk warning and new regulations on fund supervision in many places

Recently, long-term rental apartment enterprises in Shanghai, Hangzhou, Chengdu and other places have experienced the phenomenon of "breaking the warehouse and running away", which has once again attracted the attention of industry authorities.

On September 1st, the industry authorities in Shanghai and Guangzhou both issued the Housing Leasing Market Risk Tips, reminding landlords and tenants to be alert to the company's business risks such as "low rent, long income and short payment", and to guard against the risk of "rental loan", strengthen risk prevention and avoid economic losses. Recently, Chengdu, Hefei, Chongqing and other places have also intensively issued the "Housing Rental Market Risk Warning".

On August 28th, Chengdu Housing and Urban-Rural Development Bureau issued a risk warning, pointing out that recently, several housing leasing enterprises in Chengdu have "exploded positions" and "run away" due to adopting the business model of "AG low-paying" and "long-receiving short-paying". In order to strengthen risk prevention and avoid economic losses, Chengdu Housing and Urban-Rural Development Bureau put forward several major leasing precautions to the housing leasing parties in the city, such as preventing the risk of "rental loan" and handling the housing lease registration and filing in time. Including carefully selecting cooperative enterprises, checking the information and status of housing, carefully confirming the rent price, carefully selecting the rent payment method, preventing the risk of "rent loan", adopting standardized contract texts, timely handling the registration and filing of housing lease, and legally safeguarding their own rights and interests.

On August 31st, Chengdu Housing and Urban-Rural Development Bureau also stated that in order to understand the operating conditions of housing rental enterprises in Chengdu, Chengdu will carry out special investigation on housing rental enterprises. Including self-inspection of housing leasing enterprises, comprehensive investigation of member enterprises by Chengdu Real Estate Brokers Association, and in-depth investigation of housing leasing enterprises in districts (cities) and counties. Among them, the Chengdu Real Estate Brokers Association is required to summarize the enterprises that allow tenants to use housing rental loans, including the APP used by the enterprises, cooperative financial institutions, the proportion of housing rental loans used by tenants, the proportion of housing rental loans in rental income, and the enterprises that operate with "AG low-paying, long-receiving and short-paying", and investigate the rent difference of "AG low-paying" operation and the amount of deposit in the fund pool formed by "long-receiving and short-paying" operation.

In addition to issuing housing rental risk warnings and conducting risk investigation of housing rental enterprises, Xi 'an, Hangzhou and other places have also issued new regulations on the supervision of housing rental funds. Among them, the new regulations on the supervision of housing rental funds in Xi' an require that rents should be supervised by special accounts from October 1. The new regulations on the supervision of housing rental funds in Hangzhou have also been formally implemented. From August 31st, the rental funds paid by housing rental enterprises to the lessor, the rent collected from the lessee, the deposit and the funds obtained by using the "rental loan" should be paid into the special deposit account for rental funds. Before September 3, the "managed" housing leasing enterprises should pay the risk prevention and control funds of the corresponding houses in place for the newly commissioned houses in 22; For the stock of entrusted houses, 3% of the risk prevention and control fund shall be paid, and the payment time of the remaining risk prevention and control fund shall be postponed according to the regulations.

people in the industry believe that the core reason for the frequent occurrence of mine explosions in long-term rental apartments is the partial fragility of their business model. The impact of the epidemic in the first half of the year has accelerated the exposure of the problems existing in the business model of enterprises. It is of positive significance to intensively remind risks, carry out risk investigation and issue new regulations on fund supervision.