Shanghai response: Residential construction land expires can be automatically renewed

Securities Times reporter Chang Shanghai planning and land and Resources Administration 17th on its official website issued a notice, on the day before the "land expiry of the transfer of free" response. Notice that the free resumption of land for the public interest needs, the term of use of residential land tenure expires, automatic renewal.　　But the distinction between the two boundaries is unclear. The notice of the relevant description of the "disposal method after the expiration of the land" in the information on the contract of sale contained in the pre-application notice said that where the land user is required to continue to use the lands under this contract, the application for renewal shall be submitted to the transferor no later than the year before the expiration, except in accordance with the social and public interest, to recover the land under this contract, The assignor shall approve it. The term of use right of residential construction land expires, automatic renewal.　　If the transferor agrees to renew the term, the land user shall transact the paid land-use formalities, such as transfer, lease and so on, and renew and sign the paid use contract of the leased and rented lands, and pay the land payment, rent and other land paid use fee. Notice that the application for renewal of land users, because the social public interests need not be approved, the land users should return the state-owned land use certificate, and in accordance with the provisions of the state-owned construction land right of use cancellation registration, state-owned construction land use right by the transferor to recover free of charge.　　The transferor shall recover the buildings, structures and ancillary facilities on the ground and give the land users corresponding compensation according to the residual value of the buildings, structures and ancillary facilities on the ground when they are resumed. The notice also said that the land users did not apply for renewal, the land users should return the state-owned land use certificate.