What kind of property is Shang Ling Apartment?

1. The property nature of Shang Ling apartment is determined according to the nature of the land acquired by the development enterprise. In addition, the term of land use right is calculated from the date when the development enterprise obtains the state-owned land use right certificate, not from the time of purchase.

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

Twelfth land use rights transfer the maximum number of years according to the following purposes:

(a) residential land for seventy years;

(two) fifty years of industrial land;

(three) fifty years of land for education, science and technology, culture, health and sports;

(four) forty years of commercial, tourism and entertainment land;

(five) comprehensive or other land for fifty years.

Three. According to the Property Law of People's Republic of China (PRC)

Article 149 The right to use residential construction land shall be automatically renewed upon expiration.

After the expiration of the right to use non-residential construction land, the renewal procedures shall be handled according to law. The ownership of houses and other immovable property on the land, if there is an agreement, shall be in accordance with the agreement; If there is no agreement or the agreement is unclear, it shall be handled in accordance with the provisions of laws and administrative regulations.