However, after buying a commercial house, property buyers cannot use the land permanently, because there is a time limit for land transfer. According to the national Regulations on Assignment and Transfer of the Right to Use State-owned Land in Cities and Towns, the maximum term of assignment of the right to use land is: 70 years for residential land; Industrial land for 50 years; Education, science and technology, culture, health and sports land for 50 years; Commercial, tourism and entertainment land for 40 years; Comprehensive or other land use for 50 years. After the expiration of the land use period of the house, the owner can legally use the land and the house only by paying the land transfer fee again. Remind buyers here: when buying a house, you should carefully ask about the land use period. Previously, some property buyers reported that they bought a house in a commercial and residential building, only to find that the nature of the land was comprehensive after signing the contract and could only be used for 50 years.
If the buyer buys a second-hand house and has a land transfer certificate, the buyer does not need to return it because the seller has already paid the land transfer fee. However, in the process of buying this kind of property, we still need to pay attention to the service life of the land. For example, the original service life of the house is 70 years, but it has been used for 30 years when the seller transfers the ownership, so the buyer can only use it for 40 years instead of 70 years after getting the house, and it will be returned after the deadline.
(The above answers were published on 20 15-07- 15. Please refer to the current actual purchase policy. )
For more real estate information, policy interpretation and expert interpretation, click to view.