There is no time limit for house ownership. The land use right of the house is calculated from the time when the developer pays the land transfer fee to obtain the land development right. The average commercial house is 70 years old. After the developer obtains the land development right, he will try his best to raise money, and then build the house and resell it. It has been many years since the owner obtained the house ownership certificate, and no owner can obtain the house with the right to use the land for exactly 70 years.
After the expiration of the land use right, the owner may apply for continuing to use the land according to law.
Property law:
Article 148 If the land needs to be recovered in advance due to public interests before the expiration of the term of the right to use construction land, compensation shall be given to the houses and other immovable property on the land in accordance with the provisions of Article 42 of this Law, and the corresponding transfer fees shall be returned.
Article 149 The right to use residential construction land shall be automatically renewed upon expiration.
After the expiration of the right to use non-residential construction land, the renewal procedures shall be handled according to law. The ownership of houses and other immovable property on the land, if there is an agreement, shall be in accordance with the agreement; If there is no agreement or the agreement is unclear, it shall be handled in accordance with the provisions of laws and administrative regulations.