What to do if the property rights of the serviced apartment expire?

What to do if the property right of the serviced apartment expires

1. The property right of the serviced apartment can be renewed after it expires. Yes, there is no time limit for house ownership, as long as the property is not completely damaged. If it is lost, it can always be enjoyed.

2. Land use rights have a limited time limit, the more common ones are 40 years, 50 years and 70 years. After the land use right expires, you can repay the land transfer fee and obtain the continued use right of the land. .

3. The house belongs to the buyer from the date of purchase. However, the state-owned nature of the land determines that the land use rights have a limited number of years. When developers buy land, they only buy a certain period of land use. Years, the so-called 40 years, just means that the useful life of the land is 40 years, and has nothing to do with the house.

4. So the ownership of the house is, as long as the house does not collapse, the house will always be The property rights belong to the property owner, and the land under the house belongs to the state. Depending on the project establishment, the period for renting state land is also different. The property rights for residential use are 70 years, the property rights for industry, science, education, culture, health and sports are 50 years, and the property rights for commercial, The property rights for tourism and entertainment purposes are 40 years.