What if the real estate license expires in 70 years?

The expiration of real estate license does not mean the loss of house ownership, but involves the issue of land use right.

First, understand the land use right policy

First of all, the owners should understand the current policies and regulations on the renewal of land use rights. Policies in different regions may be different, so owners need to pay attention to the announcements and notices of local governments or relevant departments to ensure that they can keep abreast of the latest policy trends.

Second, consult professional organizations or lawyers.

On the basis of understanding the policy, the owner can consult a professional real estate agent or lawyer and get specific suggestions for his personal situation. These professionals can help owners analyze the policy impact and provide appropriate solutions.

Third, apply for renewal of land use rights.

If the policy allows and the owners meet the conditions for renewal, the owners may apply to the relevant departments for renewal of land use rights. Relevant supporting materials, such as real estate license and ID card, need to be provided during the application process. The owner shall ensure that the submitted materials are true and complete, and apply in accordance with the prescribed procedures.

Four, deal with the transfer or requisition of land use rights.

In some cases, the government may requisition or re-plan land according to urban planning or other reasons. If the owner's land use right expires and faces expropriation or re-planning, the owner needs to negotiate with the government to deal with related issues, such as compensation and resettlement.

Verb (abbreviation of verb) pay attention to the safety and maintenance of the house.

In addition to land use rights, owners should also pay attention to the safety and maintenance of houses. Check and maintain the house regularly to ensure the safety and service life of the house. If necessary, the owner can entrust a professional house maintenance agency to handle it.

To sum up:

When the 70-year service life of the real estate license expires, the owner needs to understand the land use right policy, consult professional institutions or lawyers, apply for renewal of the land use right, handle the transfer or expropriation of the land use right, and pay attention to the safety and maintenance of the house. These measures help owners to ensure that their rights and interests are protected, and maintain the value and safety of their houses.

Legal basis:

Provisional Regulations of the People's Republic of China on Assignment and Transfer of the Right to Use Urban State-owned Land

Article 12 stipulates:

The maximum period of assignment of land use rights is determined according to the following purposes:

(a) residential land for seventy years;

(two) fifty years of industrial land;

(three) fifty years of land for education, science and technology, culture, health and sports;

(four) forty years of commercial, tourism and entertainment land;

(five) comprehensive or other land for fifty years.

People's Republic of China (PRC) property right law

Article 149 stipulates:

The term of the right to use residential construction land expires and is automatically renewed.