Legal analysis: land use right is included in intangible assets. The identifiable intangible assets defined in China's accounting standards for intangible assets include patent right, non-patented technology, trademark right, copyright, land use right, franchise and so on. Unidentifiable intangible assets refer to goodwill. "Land use right is obviously listed as intangible assets as a right.

Legal basis: Article 39 of the People's Republic of China (PRC) Urban Real Estate Management Law, if the land use right is obtained by allocation, the following conditions shall be met when transferring the real estate:

(a) according to the transfer contract, all the land use right transfer fees have been paid, and the land use right certificate has been obtained;

(two) investment and development in accordance with the transfer contract, which belongs to housing construction projects, exceeds 25% of the total investment in development, and belongs to plots of land, forming industrial land or other construction land conditions.

If the house has been completed when the real estate is transferred, it shall also hold the house ownership certificate.