1. First of all, China is a socialist country, and the ownership of land is state-owned and there are no individuals. What we have is the right to use the land, not the ownership.
2. The land use right of villas in China is generally 50 years. If your villa doesn't collapse in the earthquake in 50 years, your house will be gone. If you buy property insurance for your villa, you can get compensation, but you can still use the land and build your own house.
The land of apartment building is the same as the land of villa, and only has the right to use it. However, the service life of the apartment building is 70 years.
The land bought by the developer from the country has only the right to use. He used it to build a house and sell it to you, so the right to use the land will be transferred to your name, not the name of the developer.
If the land use period expires, there are two situations in your house: first, you can continue to use the land by paying the premium. Second, if you fold the house, you will lose the right to use the land, but the state will compensate the property owner for the house above the land, which is what we usually call the relocation house.
6. As long as you buy a house from the developer and get the real estate license, it has nothing to do with the developer. This house is yours, and the state issues you a real estate license, so you are related to the state. Whether to fold it or not in the future and how to rebuild it are all national decisions, and have nothing to do with developers. Representing the country are local government departments.
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