A house with 70-year property rights will be automatically renewed after its expiration, and the property rights will be permanent. There is no need to apply for renewal. As for whether it is necessary to pay the land transfer fee, there is no clear stipulation at present.
After the 70-year property right expires, there are two situations: ① extending the term of land use right. In this case, the owner of the house can jointly apply to the local land and resources bureau to pay the land transfer fee. Of course, this price should be lower than the price of similar land transfer fees, similar to the difference between cost price and market price.
(2) If it is according to the planning needs, the state needs to recover the land and buildings on the ground. Then the owner can also get corresponding economic compensation and solve it through similar demolition and resettlement methods.
In fact, we don't need to worry too much about the expiration of the trial period of commercial housing land, because the service life of commercial housing includes land use rights and housing use rights. If it expires, the owner only needs to pay the renewal fee; On the contrary, if the state does not allow it to continue to be used, the homeowner can also get compensation for demolition and so on.
Considering the early development and construction of real estate, the property right of commercial housing will not last for 70 years. However, it should be noted that although commercial housing boasts 70 years of property rights, the current architectural design standard is 50 years, and the service life of cement is similar. In other words, if a house has lived for 50 years, it may become a dangerous building and become the object of demolition. It is not excluded that some houses can be used for more than 50 years, but don't expect too much.