Is Emerald Hill International in Daya Bay West Area a 70-year property right?

Property rights of Emerald Hill in Jilin Country Garden: 70 years for ordinary houses and 70 years for foreign houses. The land use right of ordinary civil houses is 70 years, and that of commercial houses is 40 years.

According to different types of buildings, the term of ownership of general civil houses (houses) is 70 years, and that of commercial houses (shops and apartments) is 40 years. The property right of the comprehensive land (apartment) is 50 years.

Term of property right of Xinxiang Runhua Emerald Hill: 70 years. The land use right of ordinary civil houses is 70 years, and that of commercial houses is 40 years. Runhua Emerald Hill, located in Runhua Emerald Hill, Weiqi Road, was developed by Xinxiang Runhua Meiligu Real Estate Development Co., Ltd., and the property company is Grace Property.

70-year property right refers to the land use right of real estate for 70 years. After the expiration, you can pay the land transfer fee again and obtain the continued land use right. House ownership (that is, house property right) is permanent and there is no time limit. As long as the property is not completely damaged or lost, it can always be enjoyed.

And this property right is not your house, but the property right of the land is only 70 years. We have been calculating property rights since the day we took the land. Under normal circumstances, the countdown will start after the land auction.

Whether it is 40 years, 50 years or 70 years, it will expire. After the expiration of the land use period, as long as the house can still live, the land must be renewed.