Will the building you bought still be your own 70 years later?

Updated on society 2024-07-05
10 answers
  1. Anonymous users2024-02-12

    The house is yours, the land belongs to the state, and in 70 years, you still have to discuss the issue of adding land tax according to the relevant policies, because China currently does not have a house with 70 years of property rights, and everyone does not know what to do.

  2. Anonymous users2024-02-11

    As long as you buy it and the real estate deed is written in your name, then it will be yours in a hundred years.

  3. Anonymous users2024-02-10

    Years refer to land use rights, not property ownership.

    After the year, the house is still yours, but the land use rights have expired.

    After the year, the state can continue to transfer the land use right, or pay the state to buy your property, but with depreciation, the international practice is 2% depreciation for a year.

    The object of ownership of a house is a house with a certain structure that can be used, not just the materials that make up the house. Materials that have not formed a house or that have been demolished cannot be the object of ownership of the house.

    The separation of the ownership of a house from the use of the land to which it is attached. When the ownership of the house changes, so does the right to use the land, and vice versa.

    State-owned houses are widely separated from the right to use, with the state enjoying ownership and state-owned enterprises, institutions and other organizations enjoying the right to use.

    Ownership of a house can be transferred, but it is subject to the transfer of land use rights. Since the ownership of the house and the right to use the land are inseparable, the ownership of the house on the land with the non-transferable right of use cannot be transferred; Illegal transfer of land use rights will result in the invalidity of the transfer of houses on the land.

    The establishment and transfer of house ownership is subject to the registration and change of house ownership procedures. If the registration or change of house ownership is not carried out, the effect of determining the ownership of the house or transferring the ownership of the house will not occur.

  4. Anonymous users2024-02-09

    Who owns the house 70 years after buying the house?

  5. Anonymous users2024-02-08

    The whole family pooled money to buy a house, is the house still mine when the property rights expire in 70 years? Will you be kicked out?

  6. Anonymous users2024-02-07

    At present, there is no country that has not officially followed it, 70 years refers to the ownership of the house and the corresponding land use rights, and the current possibility is that after the expiration of 70 years, you only need to pay a small fee to continue to renew the lease. Those with less per capita living area or their first home may renew their property rights for free. It's basically certain that it should still be your own.

  7. Anonymous users2024-02-06

    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.

    Who owns the house 70 years after buying the house.

    1. First of all, I would like to explain to you what the 70-year property right is all about, the 70-year property right is because the developer only bought the right to use the national land for 70 years, that is, after 70 years, the land is still the state, but this does not mean that the house does not belong to you.

    2. Because the house is your private property, you have the permanent right to use, according to the provisions of the law, the resident property right will be automatically renewed after expiration, so you don't have to worry about your own residential problems, you only need to pay a certain fee to renew the contract, and you don't need to go through the relevant certificates again.

    3. Article 149 of the Property Law stipulates that the term of use of residential construction land may be automatically renewed upon expiration. If there is an agreement on the houses and other immovable properties on the land, it shall be handled 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.

    As you can see from the above, when the house expires, it can be renewed. The right to use the house must be in the hands of the individual, but the ownership of the land belongs to the State.

    4. So, how much money do you have to pay? After the expiration of the 70-year house property right, a certain amount should be paid, but the payment amount should be made according to the specific situation of Luhu, and there is no clear rule on how much money should be paid to renew the property right when the specific property expires.

    5. Therefore, friends who have bought a house do not have to worry about the problem after 70 years, when the time comes, the contract will be automatically renewed according to the law, and although there is no provision for the funds to be paid, it is believed that it will not be too high.

    Is there a difference between 40 years and 70 years of house ownership?

    A 40-year property is not suitable for self-occupation, and can be considered if it is used as an investment rental. For our ordinary people who just need it, it is better to buy a 70-year property right house in An'an.

    1. For commercial houses, the land use period is 40 years (some 50 years). Residential houses with a land tenure of 70 years.

    2. The taxes and fees paid for commercial houses and land transfer fees are higher than those for residential buildings. Non-residential taxes are basically the highest rates, which is a bit prohibitive for many people.

    3. Provident fund loans cannot be used for commercial houses. If you use a commercial loan, the down payment must be 50% of the total purchase price, the commercial loan term is 10 years, and the loan interest rate is 10%. For residential houses, you can choose a provident fund loan or a commercial mortgage.

    If you choose a commercial mortgage, the down payment for the first home is at least 30%, the loan term is up to 30 years, and the loan interest rate is the benchmark interest rate or lower; The down payment for a second home is at least 40%.

    4. Use of water and electricity: Commercial houses are charged according to commercial water and electricity standards, which are higher. For residential houses, the ** standard is relatively low.

    5. Settle down to go to school: Commercial houses cannot be settled down, and school districts are not divided. Residential houses can be settled in and can be divided into school districts.

  8. Anonymous users2024-02-05

    70 years refers to land use rights, not property ownership.

    After 70 years, the house is still yours, but the land use rights have expired.

    After 70 years, the state can continue to transfer the land use rights, or pay the state again to buy your property, but with depreciation, the international practice is 2% depreciation per year.

    Home ownership, also known as house ownership, is the exclusive right of the owner of the house to dispose of the house he owns. Within the scope prescribed by law, the owner of the house may exclude the interference of others and occupy, use, benefit from, or dispose of the house owned by him. State, collective and individual ownership of houses coexist and are equally protected by the Constitution and the law.

  9. Anonymous users2024-02-04

    70 years after buying a house, you can pay the land transfer fee according to the land price level at that time, and automatically renew it, and apply for the right to use the land again. The tenure of the land to which the residential land belongs is 70 years, and the ownership of the house is perpetual and there is no question of expiration.

    [Legal basis].Article 12 of the Interim Regulations on the Assignment and Transfer of Urban State-owned Land Use Rights.

    The maximum annual limit for the transfer of land use rights shall be determined according to the following purposes:

    1. 70 years of residential land;

    2. 50 years of industrial land;

    3. The term of land for education, science and technology, culture, health and sports is 50 years;

    4. 40 years of commercial, tourism and entertainment land;

    5. Storage land for 50 years;

    6. 50 years for comprehensive or other land use.

    Article 359 of the Civil Code.

    If the period of authority 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.

  10. Anonymous users2024-02-03

    If the land user needs to continue to use the land upon the expiration of the term of use agreed in the land use right transfer contract, he or she shall apply for renewal before the expiration of the term, except where the land needs to be recovered in accordance with the public interest, it shall be approved. If it is renewed upon approval, a new contract shall be signed, and the land use right transfer fee shall be paid for the land-use right. Where the term of use agreed in the land use right transfer contract expires, and the land user does not apply for renewal or applies for renewal but is not approved in accordance with the provisions of the preceding paragraph, the land use right shall be recovered by the state free of charge.

    Legal basis: Article 149 of the Civil Code stipulates that if the term of the right to use land for residential construction expires, it shall be automatically renewed.

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