Many people who buy a house for the first time will choose to go to the sales office. You know, the salespeople in the sales office are very powerful. They generally talk about the advantages of the building, so many people buy it carelessly. This is actually very wrong. We must keep sober when buying, and investigate the information related to the building, especially the property rights, So what about residential property rights 70 years later? What is residential property right?
What should we do after 70 years of residential property rights?
The renewal of the non residential 'construction land use right' after the expiration of the period shall be handled in accordance with the provisions of the law. Where there is an agreement on the ownership of houses and other real estate on the land, the agreement shall prevail; If there is no agreement or the agreement is not clear, it shall be handled in accordance with the provisions of laws and administrative regulations.
When the term of the right to use residential construction land expires, it shall be automatically renewed. The State shall not recover the land use right obtained by the land user according to law before the expiration of the service life agreed in the transfer contract; Under special circumstances, according to the needs of social and public interests, it may be recovered in advance in accordance with legal procedures, and corresponding compensation shall be given according to the actual years of land use and the actual situation of land development.
If the land user needs to continue to use the land, he shall apply for renewal no later than one year before the expiration of the term. Unless it is necessary to recover the land in accordance with the social and public interests, approval shall be given. If the renewal is approved, the contract for the assignment of the right to the use of the land shall be re signed and the fee for the assignment of the right to the use of the land shall be paid in accordance with the provisions. If the land user fails to apply for renewal at the expiration of the service life agreed in the contract for the assignment of the land-use right, or the application for renewal 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.
What is residential property right?
Many people are not very clear about the property right of housing, which refers to the rights enjoyed by the owner of the real estate in accordance with national laws, that is, the sum of various rights and interests of the house, that is, the right of the house owner to occupy, use, benefit and dispose of the house property.
The house property right consists of house ownership and land use right. The term of house ownership is permanent, while the land use right varies from 40, 50 or 70 years according to relevant laws and regulations. It will be automatically renewed upon expiration. The renewal fee will be increased by 1% - 10% at that time (i.e. land use right transfer fee), and the supplementary fee will not exceed 5 digits at most.
The above content mainly describes what to do after 70 years of residential property rights? What is residential property right? This time, I believe that many people are familiar with housing property rights, and they should often hear it in life. In fact, unlike what the outside world says, the house will be recovered after the expiration of property rights. After the expiration, there are many ways to solve this problem. What is housing property rights? I also introduced it to you in the above article, hoping to help you.