Can a 40-year-old house be settled?

40 years of property rights can not be settled.

Only 70-year-old houses and serviced apartments with residential land can meet the settlement standards. Other types of housing property rights are not up to standard, and the purpose of settling down, going to school and dividing school districts cannot be achieved. The 40-year property right belongs to commercial real estate, not residential, so it cannot be settled.

Land ownership belongs to the state and the collective, and the land use right is divided into different service life according to the development type. The higher service life of residential land is 70 years, industrial construction land and comprehensive land are 50 years, and commercial construction land is 40 years.

Extended data

The difference between 40-year property rights and 70-year property rights;

1, land planning uses are different.

Land ownership belongs to the state and the collective, and the land use right is divided into different service life according to the development type. Including civil residential construction land, commercial construction land and industrial construction land.

2. The property right is a 70-year-old house, which is often called a house. Can be settled, in line with the conditions of school division, but a house with property rights of 40 to 50 years, that is, apartments or commercial and residential dual-use, can not be settled, children can not enjoy the nearby schools, but can also meet the housing needs.

3. The cost of living is different.

The 70-year-old residential property is charged according to civil standards in terms of utilities, and the price is relatively low; Non-residential houses, that is, houses with 40 or 50 years of property rights, are charged according to commercial standards, and the cost is much higher.

4. The loan terms are different.

If you buy a 70-year-old property, you can apply for a provident fund loan, or you can borrow more than 70% according to the policy. The down payment ratio and interest rate are lower, and the loan term is long, up to 30 years. According to the current market in Nanchang, non-residential houses with 40-and 50-year property rights can only borrow 50% of the total house price, with the highest loan 10 year and higher interest rate.

Baidu encyclopedia-buy a house and settle down

Baidu Encyclopedia-Constitution of People's Republic of China (PRC)