The property right of serviced apartment is 40 years. What should I do in 40 years?

After the 40-year property rights of serviced apartments expire, land users can apply for renewal.

According to the Provisional Regulations of the People's Republic of China on Assignment and Transfer of Urban State-owned Land Use Rights:

Article 41? When the land use right expires, the land user may apply for renewal. If it is necessary to renew the contract, the contract shall be re-signed in accordance with the provisions of Chapter II of these Regulations, and the land use right transfer fee shall be paid and registered.

Article 42? The state does not recover the land use right legally obtained by land users in advance. Under special circumstances, according to the needs of social public interests, the state can recover it in advance in accordance with legal procedures, and give corresponding compensation according to the service life of land users and the actual situation of land development and utilization.

Extended data

The Provisional Regulations of the People's Republic of China on the Assignment and Transfer of the Right to Use Urban State-owned Land stipulates that:

Article 17? Land users shall develop, utilize and manage land in accordance with the provisions of the land use right transfer contract and the requirements of urban planning.

If the land is not developed and utilized according to the time limit and conditions stipulated in the contract, it shall be corrected by the land management department of the people's government of the city or county, and may be given a warning and a fine according to the circumstances until the land use right is recovered free of charge.

Article 47? If the land user who has obtained the allocated land use right without compensation stops using the land due to relocation, dissolution, revocation, bankruptcy or other reasons, the municipal or county people's government shall recover the allocated land use right without compensation and may transfer it in accordance with the provisions of these regulations. ?

On the allocation of land use rights, the people's governments of cities and counties may recover them free of charge according to the needs of urban construction and development and the requirements of urban planning, and may transfer them in accordance with the provisions of these regulations. ?

When the allocated land use right is recovered free of charge, the municipal and county people's governments shall give appropriate compensation to the above-ground buildings and other attachments according to the actual situation.

People's Daily Online-What is the policy after the expiration of the 40-year property right commercial apartment?

Yingjiang County Natural Resources Bureau-Provisional Regulations of the People's Republic of China on Assignment and Transfer of Urban State-owned Land Use Rights