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So after 70years you lose ownership of the land?!
I don't know.in fact ,nobody knows it in china now, because the related laws has not been formulated.So after 70years you lose ownership of the land?!
So you have to pay for the value of land plus the 70year tax? I suppose you cant pass on your property to your family or next generation?I don't know.in fact ,nobody knows it in china now, because the related laws has not been formulated.
after all,the first ownership certificate of houses and land in China is only 30 years old and won't be expiry before 2040.
So, CHinese government still has enough time to formulate the related laws.
the most possible case is that the "ownship" can last after the owners pay off the next 70-year house tax.
in fact ,in laws, all land in China belongs to "the state" and what People can buy is just the 70-year-long servitude and usufruct
another 70-year house tax might have to be paid after the "servitude and usufruct" is expiry!So you have to pay for the value of land plus the 70year tax? I suppose you cant pass on your property to your family or next generation?
well ,no case has taken place yet. but personlly speaking, I don't think that it is possible to "push people out!"I am curious, what if you disagree to move from your land before the 70year period ends? Would they still acquire it and push people out?
in urban areas it's 'almost' true. but not so in countryside / suburban /outskirts. farmers (hukou - rural residents) can build their own house on the land granted.In any China city, even as small a 4 tier one like Ganzhou, all the buildings are built in accordance of the city planning