Do I have to pay for the 20-year follow-up rental of parking spaces?

Whether it is necessary to pay to renew the parking space after 20 years depends on the actual situation.

If you sign a lease contract and want to continue to use it after 20 years, you need to negotiate with the developer again and sign a new parking space renewal contract. The cost is determined by the owner and the developer through consultation.

If you sign a purchase contract or rent a civil air defense parking space, then the general parking space is valid for 70 years, and you can continue to use it after 20 years without paying.

Legal basis:

Article 720 of the Civil Code of People's Republic of China (PRC) * * * During the lease period, the income from the possession and use of the leased property shall be owned by the lessee, unless otherwise agreed by the parties.

Article 721 The lessee shall pay the rent at the agreed time limit. If the time limit for paying the rent is not stipulated or clearly stipulated and cannot be determined according to the provisions of Article 510 of this Law, if the lease period is less than one year, it shall be paid at the expiration of the lease period; If the lease term exceeds one year, it will be paid annually; if the remaining term is less than one year, it will be paid at the expiration of the lease term.