This kind of house is generally run by immature small developers and the government, because developers have money in Gai Lou and the government owns land. But this kind of house is built in the name of farmers' homestead. In other words, the land of this house is still owned by the state, not yours. The state does not recognize your building, but the local (township, village) should admit that as long as the urban planning does not reach you, it will be fine. If the city needs to develop and your building is within the planned territory, it can only give you little compensation after demolition. (the kind that loses everything)
The real commercial housing is the land use right bought by the developer himself in Gai Lou. This land belongs to the developer. The developer built a building and sold it. When you bought the building, you bought the land together. It is recognized by the government and legal.
To put it bluntly, it involves land use rights. To put it bluntly, the country has no interest.
Many people are waiting to see about that kind of small property right house, and maybe there will be some policies in the future, such as making up the relevant land purchase expenses and so on.
If you want to sell, you have to play tricks, otherwise you may not be able to sell honestly.
But this kind of house also has its advantages, if it is not planned, or the property is very large. Maybe there will be a policy many years later. After all, there are too many such houses now. If all of them are removed, there will still be a lot of money, social impact and so on.
I feel super-life in the 1980 s, and later the country still has to admit it.
Notarization is useless; It's illegal. The best way is to find a local legal adviser to see if you can go to the Land and Resources Bureau to go through the formalities of purchasing land after you get the township property rights. (Probably not)
If you bought it when the salesman didn't explain it to you, then the salesman must have cheated you. Now I can only think calmly about the pros and cons.
Modify the answer:
If the property area is large and meets the planning requirements (this is not a lonely small property right), there is no risk. But if the country does not introduce relevant policies, the fair will be quite difficult. If you live by yourself in the next few years or even longer, you can buy it. If it is an investment, never buy it. Unless you don't handle property rights (small property rights in town or village), change your purchase information. But there is almost no money to earn.
As for notarization: you can consult a lawyer for details. I have friends who have done it. But I don't think it makes any sense. Most importantly, it would be best if the government admitted to completing the formalities. It is said that this may be done in the future. In that case, I would rather spend the land purchase fee per square meter in 600 yuan, just like commercial housing. (I just heard that about the policy and these gossip, you can enter "small property houses" to search. There will be a lot of news you want.
The above information is for reference only.