What is the service life of the house in the commercial house?

The term of the right to use construction land is 70 years for residential land, 50 years for industrial land, 40 years for commercial land and 50 years for comprehensive land.

Article 149 of the Property Law stipulates that the right to use residential construction land will 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.

Extended data:

Strictly speaking, a 50-year-old house with property rights belongs to the situation that the planned land use and development use are not completely consistent in the process of real estate development. It is only one of them to develop residential property with public land with property rights for forty or fifty years. In the real estate market, there are other similar situations, such as the development of office property with industrial land and the development of office property with 70 years of residential land.

Most of these houses cannot apply for provident fund loans, but a few projects can be done with the efforts of developers. Another 50-year-old or 40-year-old house can only get 50% or 60% mortgage if it uses bank loans.

Baidu Encyclopedia-Year of House Property Rights