A real estate certificate is not the same as a freehold title
First of all, the real estate certificate is the combined name of the real estate certificate and the land use right certificate, which proves the ownership of the house and the right to use the land. In China's legal system, house ownership is permanent, but land use rights are limited. In general, the tenure is 70 years for residential land and 40 years for commercial land.
Second, although the real estate certificate is a certificate of ownership of the property and the right to use the land, it does not mean that these rights are unlimited. In the Chinese legal system, any form of property right is time-limited. When the land use right expires, it needs to be renewed in accordance with the law. If the homeowner fails to renew within the stipulated time, then the home may be at risk of being repossessed.
In addition, even if the owner of the right recorded on the real estate certificate is the only one, it does not mean that the house cannot be transferred or **. According to Chinese law, the owner of the house can transfer the house to another person at any time. Therefore, owning a real estate deed is not the same as owning a freehold title.
Finally, it should be noted that although the immovable property certificate is not a certificate of freehold title, it still has the force of law. In legal disputes, the real estate certificate is one of the important pieces of evidence to prove the ownership of the property and the right to use the land. Therefore, it is very important for home buyers to apply for real estate certificates.
In summary, a real estate certificate is not the same as a freehold title. Although it proves the ownership of the house and the right to use the land, in the Chinese legal system, these rights are for a limited time. Therefore, buyers should be aware of the relevant legal provisions and carefully consider the term of the right to use the house and land when buying a home. At the same time, when applying for real estate certificates, you should also operate in accordance with the law to ensure that your rights and interests are protected.
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