Do Hong Kong and Macao residents have property rights in resettlement houses in Shishi Changfu area?
Hong Kong and Macao residents in resettlement houses in Changfu area of Shishi have property rights. Have real estate license and property right certificate. Only certain conditions need to be met. The state has a policy that resettlement houses shall not be traded or mortgaged within five years, and the property certificate of resettlement houses must be the property certificate of the original demolished person. This policy is to prevent relocated households from speculating in real estate or evading taxes by transferring ownership. If you buy a resettlement house that is less than five years old, you can only make a sales agreement in private.