What is the difference between the 50-year, 50-year and 70-year property rights of Longguang Kowloon Terrace?

For some friends who often pay attention to the real estate market, when buying a house, most of the properties are commercial houses, that is, houses with 70 years of property rights. In addition, there are some houses with commercial property rights. The property right of this apartment is usually 40 or 50 years. Why don't we take a look at 50 years of Longguang Kowloon Terrace? What is the difference between 50-year property rights and 70-year property rights?

Why is Longguang Kowloon Terrace 50 years old?

Because the property right is 50 years. Located in 86.3 billion Phoenix City, Guangming New District, Shenzhen, Longguang Kowloon Terrace is a bright gateway, covering an area of 6.5438+0.5 million square meters, covering various formats such as houses, apartments, businesses and hotels. The project is seamlessly connected with the sightseeing station of Metro Line 6 and has a private municipal park, which is also the nine-line achievement made by Longguang Real Estate in the past 20 years. The project is located opposite the Guangming New District Management Committee, adjacent to the Art and Culture Center and the five-star Polaroid Garden Hotel. The surrounding facilities are complete, seamlessly connected to the sightseeing station of Metro Line 6, about 65438+ 10,000 _TOD business, a kindergarten, a star-rated hotel and about 50,000 _ municipal park.

What is the difference between 50-year property rights and 70-year property rights?

1, in fact, there is no time limit for the property right of the house, because the house is personal property, and as long as it is not demolished, the property right is permanent;

2. Land has a useful life. Because our country stipulates that land belongs to the state, we buy a house to buy the right to use the land;

3. Since there is land use right, the land use right has expired and the house has not been demolished. If you want to continue to use the land, you must pay the land use fee to the state again;

4. If the house is demolished before the expiration of the land use right, the state will give compensation, including building compensation and land compensation. The state will also compensate for the demolition of houses after the expiration of land use rights, but the compensation only includes building compensation, so there will be no land compensation;

5. China stipulates that the land use period of pure residence is generally 70 years, commercial and residential is 50 years, and commercial is 40 years;

6. The service life of the land is counted from the time when the developer obtains the land certificate. Ordinary people get their own land certificates, and the actual service life will definitely be lower than the prescribed service life, because there is a development cycle;

7. Most houses with 50-year property rights 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.

The article is all the knowledge that Bian Xiao shared about 50 years and the difference between 50-year property rights and 70-year property rights, hoping to help friends in need. There is a difference between a 50-year-old house and a 70-year-old house. We all need to make specific distinctions. You can also buy a house with 50-year property rights.