Job Recruitment Website - Immigration policy - Bought a house, duplex apartment building, property rights for 40 years. Will I get compensation if the house is demolished? Or pay the bill for free?

Bought a house, duplex apartment building, property rights for 40 years. Will I get compensation if the house is demolished? Or pay the bill for free?

If the house needs to be demolished after the purchase of real estate expires, some compensation will be given.

According to the Provisional Regulations of the People's Republic of China on the Assignment and Transfer of the Right to Use State-owned Land in Cities and Towns, Article 42 The State shall not take back the land use right obtained by land users in advance. Under special circumstances, according to the needs of social public interests, the state can recover it in advance in accordance with legal procedures, and give corresponding compensation according to the service life of land users and the actual situation of land development and utilization.

Other provisions on compensation for demolition.

Article 19 of the Regulations on Expropriation and Compensation of Houses on State-owned Land shall not be lower than the market price of similar real estate houses on the date when the decision on house expropriation is announced. The value of the house to be expropriated shall be assessed and determined by a real estate price assessment agency with corresponding qualifications in accordance with the house expropriation assessment method.

If there is any objection to the value of the expropriated house determined by the assessment, it may apply to the real estate price assessment agency for review and assessment. If there is any objection to the review results, you may apply to the real estate price evaluation expert Committee for appraisal.

Refer to the above? Yibin Municipal Market Supervision Bureau-Provisional Regulations of the People's Republic of China on Assignment and Transfer of the Right to Use Urban State-owned Land