Property right house is not a legal concept, but a conventional title formed by people in social practice. At present, the so-called "small property right house", also known as "township property right house", refers to the real estate issued by the township government rather than the state. Therefore, "small property rights" are actually "rural property rights" and do not constitute real rights in the legal sense. To put it more bluntly, "small property houses" are houses sold on collective land by some village collective organizations or developers in the name of new rural construction, or "commercial houses" built by farmers themselves.
There are the following legal risks in "small property right houses":
1. The title certificate printed and issued by the village committee is illegal and will not be recognized by the state. When a "small property right house" encounters a property right dispute, the rights and interests of the property owner will not be protected by law.
2. The "small property right house" cannot be listed and traded, and it is impossible to handle the transfer procedures.
3. In case of demolition, it will be regarded as an illegal building and will not be compensated for demolition.