Compensation standard for old reform in Shenzhen

Legal analysis: Need specific analysis. Generally speaking, the compensation standard of the old reform can choose property right replacement, monetary compensation or a combination of the two. In principle, policy housing adopts the way of property right replacement to compensate the housing with the same property right restrictions as the demolished housing. If the registered commercial residential property is replaced by in-situ property rights, compensation shall be made according to the ratio of not less than one to one in the interior area; The actual area of property rights exchange shall not be less than the agreed area. If the excess area is less than 3% due to errors, the property owner can no longer pay the house price for the excess area.

Legal basis:

"Regulations of Shenzhen Special Economic Zone on Urban Renewal" Article 34 The compensation for urban renewal and demolition can be in the form of property right replacement, monetary compensation or a combination of the two, and the property owner can choose voluntarily. In principle, policy housing adopts the way of property right replacement to compensate the houses with the same property right restrictions as the houses to be demolished. If the registered commercial residential property is replaced by in-situ property rights, compensation shall be made according to the ratio of not less than one to one in the interior area; The actual area of property rights exchange shall not be less than the agreed area. If the excess area is less than 3% due to errors, the property owner can no longer pay the house price for the excess area. Resettlement compensation should be paid as agreed at the latest on the date when the property owner moves out. The compensation standard for demolition of other legal buildings and historical illegal buildings other than those specified in the preceding paragraph shall be determined by the market subject and the property owner through consultation with reference to the relevant provisions of the city's housing expropriation.