Ar cle 269 A for-pro t legal person has the right to possess, use, bene t from, and dispose of its immovable and movable property in accordance with laws, administra ve regula ons, and its ar cles of associa on. The provisions of the relevant laws, administra ve regula ons, and ar cles of associa on shall apply to the rights of a legal person other than a for-pro t legal person with respect to its immovable and movable property. Ar cle 270 The immovable and movable property that is lawfully owned by a social-organiza on legal person or an endowed legal person is protected by law. Chapter VI Ownership of a Building’s Units Ar cle 271 A unit owner has the ownership over an exclusive unit of a building, such as a dwelling space or a space used for opera ng businesses, and has the right to co-own and jointly manage the common space other than the unit. Ar cle 272 A unit owner has the right to possess, use, bene t from, and dispose of his exclusive unit of a building. The unit owner may not, when exercising his rights, endanger the safety of the building or impair the lawful rights and interests of other unit owners. Ar cle 273 A unit owner has rights and assumes du es with respect to the common space outside his exclusive unit of a building，and may not refuse to perform such du es on the ground that he has waived such rights. While a unit owner transfers a dwelling space or the space used for business opera ons owned by him in a building, his rights to co-own and jointly manage the common space therein shall be transferred concomitantly. Ar cle 274 Roads within the construc on zone are co-owned by all unit owners, except for those that are part of the urban public roads. Green spaces within the construc on zone are co-owned by all unit owners, except for those that are part of the urban public green spaces and those expressly indicated to be owned by private individuals. Other public places, public facili es, and spaces used for property management service within the construc on zone are co-owned by all unit owners. Ar cle 275 The ownership of the parking spaces and garages planned for parking vehicles within the construc on zone shall be agreed upon by the par es by way of selling, giving away as gi s, leasing, and the like. The parking spaces for parking vehicles that occupy the roads or other spaces co-owned by all unit owners are co-owned by all unit owners. Ar cle 276 The parking spaces and garages planned for parking vehicles within the construc on zone shall rst meet the needs of the unit owners. Ar cle 277 The unit owners may establish the owners’ assembly and elect the members of the owners’ commi ee. The speci c condi ons of and procedures for the establishment of the owners’ assembly and the owners’ commi ee shall be in accordance with laws and regula ons. The relevant department of the local people’s government and the residents’ commi ee shall provide guidance to and assistance in the establishment of the owners’ assembly and the elec on of the members of the owners’ commi ee. ti ti ti ti ft ti ti tt ti ti ti fi ti ti ti ti ti fi ti ti ti ti ti ti ti fi ti ti ti ti fi fi ti tt tt ti ti tt ti ti ti ti ti ti ti ti 31 ti fi joint stock companies limited by shares, or other enterprises through making capital contribu ons in accordance with law. Where the immovable or movable property of the State, collec ves, and private individuals are invested in an enterprise, the investors are, in accordance with their agreement or in propor on to their investment, en tled to receive returns on the assets, make major decisions, and select business managers, and obligated to perform their du es.