Is the real estate certificate a freehold title?

Mondo Social Updated on 2024-01-20

Please click on the top right of the article to "follow" next to Nan Nan K4, thanks. Owning a real estate certificate is not the same as freeholdThe real estate certificate includes the ownership of the house and the right to use the land, which in the land system of the People's Republic of China is separated: the ownership of the house is privately owned and is not limited by time. Land use rights are limited to 70 years for residential land, 50 years for industrial land, and other uses such as education and scientific research may have different years.

The real estate certificate is an important legal document to prove the ownership of a houseIt has the following main usesIt plays an important role in various property-related transactions and the protection of rights and interests: one of the necessary documents for applying for a mortgage loan, without which the mortgage cannot be made;Used to determine the basis for the collection of taxes such as real estate tax;The legal basis for the legal transfer of the property to the next generation or to another person;If a real estate dispute or lawsuit is involved, the real estate title certificate is an important evidence for the court to confirm the ownership when hearing the caseFor planning, demolition, or other urban renewal projects, real estate title deeds help determine the scope of the affected property and the identity of the owner;In the event of fire, theft, or other damages, the real estate title deed is a necessary document to file a claim with the insurance company;Some areas may require a real estate title deed to meet the requirements for a child to attend school;In some areas, a real estate title certificate may be required as a basis for the relocation of the hukou;In the rental market, landlords are required to show real estate title deeds to prove that they have the right to rent out the property.

In short, the real estate title certificate is the core document to protect the legitimate rights and interests of the house owner, and it plays a vital role in many aspects. The real estate certificate is the basis for farmers to obtain demolition money and subsidies when houses are demolished, and it protects the rights and interests of farmers in the process of demolition and relocation. At the same time, the possession of real estate certificates also provides farmers with the opportunity to obtain mortgage loans, which helps farmers to rationally use land resources for entrepreneurship or financing.

Home ownership is permanent in the People's Republic of China, and as long as the house is not demolished or disappears, it remains owned by the individual. This is because private property, including real estate, is protected by law under the provisions of the Constitution. Unlike land tenure, ownership of a house does not include ownership of land. After the expiration of the land use right, if the user does not apply for renewal, then the land use right and the real estate may be repossessed by the state without compensation. The policies and regulations on the expiration of land use rights are gradually improving, and there is no unified and clear provision at present, which needs to be judged according to the specific situation.

Hopefully, this article will be helpful to you. **From the Internet, if there is any infringement, please inform us to delete. Please click on the upper right corner of the beginning of the article to "follow" next to Nan Nan K4, thanks!Search Topics: Full Attendance Challenge, December, Real Estate Certificate, Property Protection, Land Use Rights

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