Fortune Telling Collection - Ziwei fortune-telling - How many years is the villa property right?

How many years is the villa property right?

70 years. Villa land belongs to residential land. According to the Provisional Regulations of the People's Republic of China on the Assignment and Transfer of Urban State-owned Land Use Rights, the assignment period of residential land use rights is 70 years, so the property right of villas is 70 years. It should be noted that China implements public ownership of land, so the general land only enjoys the right to use the land, and the use time is generally limited. Yes, after 70 years, the land use right can be renewed and a certain land transfer fee can be paid, except that the state needs to recover it because of public interests.