What should I do if the property right of commercial housing expires in 50 years? What is the difference between different property rights?

When buying commercial housing, people are more concerned about the price, location and other factors, but at the same time, they must also pay attention to the property rights of the house, which is a problem that buyers are more concerned about now. Today, I will introduce to you what to do when the property right of commercial housing expires after 50 years, and what is the difference between different property rights. Let's talk about it together, hoping to bring help to everyone.

1. What should I do when the 50-year property right of commercial housing expires?

First of all, the ownership of real estate includes the right of the building itself and the right to use the occupied land. The rights of the building itself are lifelong and inheritable. Land use rights have a time limit. Generally speaking, the service life refers to the right to share land. If the land use right expires and there is no renewal period, if it is demolished, only the housing right will be compensated (about 75%), and the land use right will not be compensated (about 25%). The property law promulgated in 2006 stipulates that. After the 70-year expiration of the right to use residential land, you renew it yourself, that is, you don't have to worry about it and do it yourself. For the commercial land use right (40-year use right), you have to reapply after it expires. There may be intermediary fees, and the interpretation of the property law shall be implemented in accordance with the relevant regulations at that time, and there is no current standard. For other attributes, such as industry, tourism, etc. (50-year use right) is the same as the commercial one.

Second, what is the difference between different property rights?

In addition, compared with 70-year property rights, 40-year and 50-year property rights houses also have differences in utilities, pool area, taxation and household registration policies, and loan policies:

1, the pricing standard of utilities is different. According to the regulations, the water and electricity charges for 40 or 50 years of property rights houses are paid at commercial prices, which leads to high costs. At present, developers take remedial measures in the early stage of development, so that owners can pay at civilian prices. In this regard, we must understand clearly before buying, so as not to cause unnecessary losses.

2. Different settlement policies. According to the regulations of each city, you can only settle down if you meet certain conditions. Can only be settled in ordinary houses and serviced apartments mainly based on residential land. Commercial and residential properties and serviced apartments cannot be settled because they are not residential.

3. The pool area is different. The planning of commercial and residential properties is higher than that of ordinary houses. For example, the lobby area is large, and there must be two stairs according to regulations, which increases the proportion of pool area.

4. Tax differences. For the first purchase of ordinary housing, the preferential range varies from 1%-3%, and there is no deed tax concession for 40 or 50-year property houses.

5. Different loan policies. You can't apply for provident fund loans to buy non-ordinary housing. If you use bank loans, buyers can only get 50% to 60% of the mortgage. The low total price has increased the economic pressure on buyers.