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How many years is the property right of Haydn Mansion in Wuhu Greenland?
The land use right of a house has a time limit, including 70 years for commercial housing, 50 years for commercial housing and 40 years for commercial housing. After the expiration, the owner may apply for renewal of land use according to law.
Property law:
Article 64 A private person shall have the ownership of his lawful income, house, articles for daily use, tools for production, raw materials and other immovable and movable property.
Article 149 The right to use residential construction land shall be automatically renewed upon expiration.
After the expiration of the right to use non-residential construction land, the renewal procedures shall be handled according to law. The ownership of houses and other immovable property on the land, if there is an agreement, shall be in accordance with the agreement; If there is no agreement or the agreement is unclear, it shall be handled in accordance with the provisions of laws and administrative regulations.
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