The 70-year use period of the house is the 70-year land use right period of the commercial house, and the land use right is one of the components of the house property right. According to the relevant laws and regulations of our country, the maximum life of residential land is 70 years. However, after the expiration of 70 years, the house will not be recovered, and the land use certificate will be automatically renewed after the property right expires. Details are as follows:

1, the ownership of the house is permanent and there is no time limit;

2. The land use right has a time limit, because the land belongs to the state, and the state grants users different years of land use rights (70 years of residence, 50 years of industry/science, education, culture, health and sports/comprehensive category, and 40 years of business/tourism/entertainment category).

Property rights of more than 70 years shall be handled in the following ways:

1. The right to use residential construction land will be automatically renewed when it expires. It is also very likely that there is no need to pay. After the expiration of the right to use non-residential construction land, the renewal procedures shall be handled according to law. The renewal price will be subject to the prevailing construction area guidance price. However, the property rights of the community can be automatically renewed after expiration.

Step 2 Pay taxes and fees

Industry insiders predict that 70 years later or in the next decade, the state will have laws to clarify the property rights of houses, but will pay taxes according to the size of houses.

3. Policy compensation recovered by the state.

If the right to use the construction land expires and needs to be recovered according to the public interest, compensation shall be given to the houses and other real estate on the land.

The land occupied by houses generally belongs to residential land. According to the laws of China, the maximum service life of such land is 70 years. This means that it will expire one day. As for what to do after the expiration, the state currently stipulates that land transfer fees should be paid. But for the property right of the house, the owner enjoys it permanently and has not expired.

Legal basis: Article 22 of the Provisional Regulations on Assignment and Transfer of Urban State-owned Land Use Rights in People's Republic of China (PRC).

The land use right obtained by land users through transfer is the remaining service life after deducting the service life of the original land users from the service life agreed in the land use right transfer contract.