Traditional Culture Encyclopedia - Lucky day inquiry - What is the penalty for not going through the rental formalities on a daily basis?
What is the penalty for not going through the rental formalities on a daily basis?
No fine. Daily rent is only an indefinite contract, so it is good to refer to the management of indefinite lease, which does not violate the law.
According to Article 707th of the Civil Law of People's Republic of China (PRC), if the lease term exceeds six months, it shall be in written form. If the parties fail to determine the lease term in writing, it shall be regarded as an indefinite lease.
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