What should I do after 70 years of unlicensed housing property rights?

Housing property right refers to the rights enjoyed by the owner of the house in accordance with national laws, that is, the sum of all the rights and interests of the house, that is, the owner's right to possess, use, benefit and dispose of the house property.

What does "70-year property right" mean?

Housing property right includes housing ownership and land use right. Housing ownership is permanent, while land use right is limited. The term of use on the certificate of immovable property refers to the term of use of state-owned construction land. At present, the right to use urban residential land in China is 70 years, and commercial land is generally 50 years.

What should I do after 70 years of property rights expire?

1. The renewal application submitted by the land user to the land management department shall be approved unless it is withdrawn according to the public interest. If the renewal is approved, the land use contract shall be re-signed and the land use fee shall be paid. In this way, your property ownership can continue. Of course, except for the forced demolition of dangerous houses.

2. If the land user fails to apply for renewal, the land use right and the real estate on the ground shall be recovered by the state free of charge. House ownership will naturally disappear.

3. If the land user applies for renewal, but fails to approve the renewal according to law (that is, it needs to be recovered according to the public interest), the land use right shall be recovered by the state free of charge, but the above-ground property shall be compensated according to the residual value at the time of recovery.