Joke Collection Website - Talk about mood - Why is the property right of newly opened commercial housing in Wuhu only 50 years? Please tell me. . .
Why is the property right of newly opened commercial housing in Wuhu only 50 years? Please tell me. . .
Hello: Simply put, the property right of the house is lifelong, and the 50 years you said is the right to use. After 50 years, if the country does not requisition the house plot, you can continue to use it after paying a certain land transfer fee. If it is requisitioned, it will give you resettlement compensation or corresponding demolition standards. The 50-year and 70-year periods are determined according to the building structure and plots. Of course, it's hard to say in 50 years, but the house will always be yours and will not change.
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