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How to deal with the house with 50 year property right when it expires

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How to deal with the house with 50 year property right when it expires


        

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  • 2024-06-18 18:00:05

    The house with 50 year property rights can be renewed after the expiration of the property rights.

    The property rights of houses are different because of different land uses: 70 years for residential land, 50 years for industrial land, 50 years for education, science and technology, culture, health and sports land, 40 years for commercial, tourism and entertainment land, and 50 years for comprehensive or other land.

    According to Article 359 of the Civil Code, the term of the right to use residential construction land expires automatically. The payment or deduction of renewal fees shall be handled in accordance with the provisions of laws and administrative regulations.

    The renewal of the right to use non residential construction land after the expiration of the term shall be handled in accordance with the law. Where there is an agreement on the ownership of houses and other immovables on the land, the agreement shall prevail; In the absence of or unclear agreement, the provisions of laws and administrative regulations shall apply.

    Legal basis

    Article 359 of the Civil Code of the People's Republic of China [Renewal of the right to use construction land] When the term of the right to use residential construction land expires, it is automatically renewed. The payment or deduction of renewal fees shall be handled in accordance with the provisions of laws and administrative regulations.
    The renewal of the right to use non residential construction land after the expiration of the term shall be handled in accordance with the law. Where there is an agreement on the ownership of houses and other immovables on the land, the agreement shall prevail; In the absence of or unclear agreement, the provisions of laws and administrative regulations shall apply.

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