Property right certificate land nature

When it is described as land transfer or land termination date, it means that the property is land transfer. If the description is for sale, allocation or blank, and there is no land termination date, it means that the property is allocated. Allocated land: refers to the land use right allocated by the state administration when the land is used for building houses. Every transaction of allocated land needs to pay land income to the land department, also called land transfer fee. Correspondingly, it is the land to be sold. The land to be sold means that the land transfer fee has been paid to the Bureau of Land and Resources when the house is built. Generally speaking, the land to be sold has a termination period of 50-70 years. If a transaction occurs before the expiration of the term, the land proceeds will not be paid, and the land transfer fee can be renewed at the expiration of the term. Other than that, there is no difference between the two.

legal ground

Article 347 of the Civil Code of People's Republic of China (PRC) establishes the right to use construction land, which can be transferred or allocated. Industrial, commercial, tourism, entertainment, commercial housing and other business land, as well as the same piece of land with more than two intentions, should be sold through public bidding, auction and other means. Strictly restrict the establishment of the right to use construction land by means of allocation.