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What is the length of ownership of a house.
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Now our land is not state-owned! Developers buy land from the state, and then build a house, we buy the right to use the land occupied by the house, the use of the land is also regulated, generally according to the use of the use can be divided into residential 70 years, industrial 50 years, commercial 40 years. After you buy a house, the right to use the house is yours, but the land is still owned by the state, and you only have the right to use it.
After the expiration of the right of use, it depends on whether it is repaid or renewed without compensation. The term of housing property rights refers to the ownership period of housing building property rights, which includes residential buildings, commercial buildings, and industrial Pei Zhaoli buildings. The type of building is different, and the property rights of the house are not the same.
The property rights of general civil residential buildings are 70 years, and the ownership period of commercial buildings is 40 years.
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The tenure of a house generally refers to the tenure of the land.
The term of house ownership is permanent, and the right to use land is one year or 70 years according to the relevant laws and regulations, and the land use right can be obtained by paying the land transfer fee again after expiration.
A 50-year house is different from a regular house in the following ways:
1. The future use fee is uncertain;
2. Differences in relevant taxes and fees;
3. Restrictions on loan conditions;
4. Different construction standards;
5. Different design orientations.
Interim Regulations of the People's Republic of China on the Assignment and Transfer of Urban State-owned Land Use Rights
Article 12. The maximum term for the transfer of land use rights shall be determined according to the following purposes:
1) Residential land for 70 years;
2) 50 years of industrial land;
3) 50 years of land for education, science and technology, culture, health, and sports;
4) Commercial, tourism and entertainment land for 40 years;
5) Fifty years for comprehensive or other land use.
Civil Code of the People's Republic of China
Article 359.
If the term of the right to use land for residential construction expires, it shall be automatically renewed. The payment or reduction of renewal fees shall be handled in accordance with the provisions of laws and administrative regulations.
The renewal of the right to use land for non-residential construction after the expiration of the term shall be handled in accordance with the provisions of the law. If there is an agreement on the ownership of houses and other immovable property on the land, it shall be in accordance with the agreement; Where there is no agreement or the agreement is not clear, it is to be handled in accordance with the provisions of laws and administrative regulations.
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The meaning of the number of years of property rights:
1. The term of house property right refers to the ownership period of house building property right;
2. Including civil residential buildings, commercial buildings, and industrial buildings;
3. According to the different types of construction, the tenure of general civil residential buildings is 70 years, and the tenure of commercial buildings is 40 years. The term of the right to use construction land is 70 years for residential land, 50 years for industrial land, 40 years for commercial land, and 50 years for comprehensive land. And the lifespan of the house is usually longer than that.
The Land Management Law of the People's Republic of China.
Article 12 The maximum term of land use right transfer shall be determined according to the following purposes:
1) Residential land for 70 years;
2) 50 years of industrial land;
3) Fifty years of land for education, science and technology, culture, health, and physical dispersion;
4) Commercial, tourism and entertainment land for 40 years;
5) Fifty years for comprehensive or other land use.
Civil Code of the People's Republic of China
Article 149: Where the term of the right to use land for residential construction expires, it shall be automatically renewed. The renewal of the right to use land for non-residential construction after the expiration shall be handled in accordance with the provisions of law. If there is an agreement on the ownership of houses and other immovable properties on the land, it shall be in accordance with the agreement; Where there is no agreement or the agreement is not clear, it is to be handled in accordance with the provisions of laws and administrative regulations.
If the property owner written on the property ownership certificate is the daughter-in-law, the father-in-law and mother-in-law cannot own the property right, and should belong to the person registered in the property ownership certificate as the property owner. FYI.
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