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Can education land be mortgaged

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Can education land be mortgaged


        

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  • 2024-06-17 14:00:48

    Land for education cannot be mortgaged. Educational land belongs to educational facilities and cannot be mortgaged.

    According to the Civil Code of China, the following properties cannot be mortgaged:

    (1) Land ownership;

    (2) The right to use such collectively owned land as house sites, private plots and private hills, except for those that can be mortgaged according to law;

    (3) Educational facilities, medical and health facilities and other public welfare facilities of non-profit legal persons established for public welfare purposes, such as schools, kindergartens and medical institutions;

    (4) Property with unclear or disputed ownership or use right;

    (5) Property sealed up, distrained or supervised according to law;

    (6) Other properties that cannot be mortgaged according to laws and administrative regulations.

    Legal basis

    Article 399 of the Civil Code of the People's Republic of China [Scope of properties prohibited from mortgage] The following properties may not be mortgaged:
    (1) Land ownership;
    (2) The right to use such collectively owned land as house sites, private plots and private hills, except for those that can be mortgaged according to law;
    (3) Educational facilities, medical and health facilities and other public welfare facilities of non-profit legal persons established for public welfare purposes, such as schools, kindergartens and medical institutions;
    (4) Property with unclear or disputed ownership or use right;
    (5) Property sealed up, distrained or supervised according to law;
    (6) Other properties that cannot be mortgaged according to laws and administrative regulations.

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