According to Article 6 of the Provisions of the Supreme People's Court on the Seizure, Seizure and Freezing of Property in Civil Execution by People's Courts, the people's courts can only seize the property necessary for the person subjected to execution and his dependents to maintain their livelihood, and may not auction, sell off or pay off debts. Article 7 stipulates that after ensuring the minimum living standard of the person subjected to execution and his dependents, the people's court may, upon the application of the person subjected to execution, execute houses and daily necessities that exceed the necessities of life of the person subjected to execution and his dependents.
On May 5, 20 15, the Supreme People's Court promulgated the Provisions on Several Issues Concerning People's Courts Handling Cases of Reconsideration of Objection (hereinafter referred to as the Provisions), which further clarified such issues. Among them, the twentieth clearly stipulates the implementation conditions of the only house, which meets one of the following circumstances. If the person subjected to execution raises an objection on the grounds that the subject matter of execution is the residential house necessary for him and his dependents to maintain their livelihood, the people's court will not support it: (1) There are other residential houses necessary for maintaining their livelihood in the name of the person who has the obligation to support the person subjected to execution; (two) after the execution basis comes into effect, the person subjected to execution transfers other houses under his name in order to avoid debts; (3) The application executor provides housing for the executor and his dependent family members according to the local low-rent housing security area standard, or agrees to deduct the rent for five to eight years from the variable housing price with reference to the average rent standard in the local housing rental market.