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If the house is demolished after 70 years, if it is not demolished after 70 years, the land transfer fee can be repaid after the expiration date, and the right to continue to use the land can be obtained, and the house still has property rights. In the event of demolition, the demolition party shall calculate the compensation for the house that has been completed for 70 years according to the normal compensation method.
There are 5 aspects of the compensation standard for house demolition: 1. The compensation standard for the value of the house (not lower than the market ** of the expropriated house on the date of the expropriation announcement, and the assessment shall be conducted); 2. Advance payment and temporary placement fee; 3. Compensation for losses caused by suspension of production and business; 4. Subsidies and incentives; 5. Compensation for house decoration and relocation of household appliances and equipment.
Legal basis: Article 359 of the Civil Code [Renewal of the Right to Use Construction Land] 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 law. Where there is an agreement on the ownership of houses and other immovable properties on the land, if there is no agreement in accordance with the agreement or the agreement is not clear, it shall be handled in accordance with the provisions of laws and administrative regulations. Article 17 of the Regulations on the Expropriation and Compensation of Houses on State-owned Land The compensation given to the expropriated person by the people at the city and county level who make the decision on housing expropriation includes:
1) Compensation for the value of the expropriated house;
2) Compensation for relocation and temporary resettlement caused by the expropriation of housing;
3) Compensation for the loss of production and business suspension caused by the expropriation of housing.
The people at the municipal and county levels shall formulate subsidies and incentives to give subsidies and rewards to the expropriated persons.
Article 18 If the expropriated person meets the requirements for housing security, the people at the city and county level who make the decision to expropriate the housing shall give priority to housing security. Specific measures are to be formulated by provinces, autonomous regions, and municipalities directly under the Central Government. Article 17 of the Regulations on the Expropriation and Compensation of Houses on State-owned Land The compensation given to the expropriated person by the people at the city and county level who make the decision on housing expropriation includes:
1) Compensation for the value of the expropriated house;
2) Compensation for relocation and temporary resettlement caused by the expropriation of housing;
3) Compensation for the loss of production and business suspension caused by the expropriation of housing.
The people at the municipal and county levels shall formulate subsidies and incentives to give subsidies and rewards to the expropriated persons.
Article 18 If the expropriated person meets the requirements for housing security, the people at the city and county level who make the decision to expropriate the housing shall give priority to housing security. Specific measures are to be formulated by provinces, autonomous regions, and municipalities directly under the Central Government.
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Residential construction land will be automatically renewed after expiration, as long as your house is in good condition when it is demolished and has not collapsed, and there is compensation.
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There is compensation for the demolition of the house after 70 years, and the house is automatically renewed after the expiration of the 70-year property right, and the house still has the property right. Standard of Cong Bi compensation:
1. Housing value compensation.
2. Relocation expenses and temporary resettlement expenses.
3. Compensation for losses caused by suspension of production and business.
4. Subsidies and incentives.
5. Compensation for house decoration and relocation of home infiltration and lifting equipment.
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*Compensated**. Houses with 70 years of property rights will also be compensated in accordance with the normal compensation method in the accompanying demolition, and the compensation standards are as follows:
1.Home Value Compensation.
2.Subsidies and awards.
3.Reimbursement of relocation costs and temporary relocation costs.
4.Compensation for early renovation of houses and compensation for relocation of household appliances and equipment.
After 70 years, the property (ownership) of the house is still the owner's own. >>>More
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There is generally no compensation for the demolition of unlicensed houses, except for the following two types of unlicensed houses. Compensation for the demolition of houses built before the sixties and seventies is equivalent to full compensation for licensed houses; Prior to the promulgation of the Town and Country Planning Law, and when the law and registration system were not perfect, compensation for the demolition of houses built was equivalent to full compensation for licensed houses. >>>More
In China's legal provisions, the 70-year property right of the house refers to the maximum term of the land use right transfer of residential land is 70 years, and after the expiration of the 70-year land use period, the land is nationalized, and the above-ground buildings still belong to the owner. If you apply for land use right again, you should pay the land transfer fee according to the land price level at that time. >>>More
Because if you buy it, it doesn't really have room for appreciation, and it will also depreciate comparatively.