I. Understanding the relevant policies after the property right expires
Before the property right expires, the owner should know in advance the local government's handling policies for serviced apartments after the property right expires. These policies may vary from region to region, so the owner needs to pay attention to the announcements and notices of the local government in order to understand the relevant policies and requirements in time.
second, apply for the renewal of property rights
if the local policy allows the renewal of property rights, the owner can apply to the relevant departments. During the application process, the owner may need to provide relevant supporting documents and materials to prove his legal ownership of the serviced apartment. At the same time, the owner also needs to pay the renewal fee in accordance with relevant regulations.
III. Compensation for Demolition
If the government needs to demolish the serviced apartment due to urban planning or other reasons, the owner has the right to obtain corresponding compensation for demolition. The specific amount and method of compensation will be determined according to the policies and regulations of the local government. The owner should keep the relevant supporting documents and materials so as to get compensation smoothly during the demolition.
IV. Re-planning or rebuilding
In some cases, the government may re-plan or rebuild serviced apartments. At this time, the owner needs to negotiate with the government to determine the specific reconstruction plan and requirements. In the process of reconstruction, the owner needs to abide by the relevant regulations to ensure the safety and quality of the reconstruction project.
To sum up:
After the 4-year property rights of serviced apartments expire, the owners should take corresponding measures according to local policies and regulations. Knowing the policy, applying for renewal, getting compensation for demolition or participating in re-planning and reconstruction are all possible ways to deal with it. Owners should make preparations in advance, keep communication with relevant departments, and ensure that their rights and interests are protected.
Legal basis:
Article 12 of the Provisional Regulations of the People's Republic of China on the Assignment and Transfer of State-owned Land Use Rights in Cities and Towns
stipulates:
The maximum assignment period of land use rights shall be determined according to the following purposes:
(1) seventy years for residential land;
(2) fifty years of industrial land;
(3) fifty years of land for education, science and technology, culture, health and sports;
(4) forty years for commercial, tourism and entertainment purposes;
(5) 5 years of comprehensive or other land use.