Can allocated residential land be stored

Can community-based rural residential land consolidation & allocation revitalize hollowed villages?

Traditional agricultural areas of China are experiencing rapid rural hollowing. Community-based rural residential land consolidation and allocation (RRLCA) can help to revitalize hollowed villages. Participatory planning, decision-making and institutional innovation are important for RRLCA.

How long can a person own a residential property?

Currently, the maximum term for urban land-use rights granted for residential purposes is seventy years. In addition, individuals can privately own residential houses and apartments on the land (“home ownership”), although not the land on which the buildings are situated. Real estate may be transferred through sale, gift, or other legal means.

How was land allocated in urban areas?

Most urban state-owned land was still allocated freely by administrative orders; even among those paid conveyances, the majority took place through non-transparent negotiations, with only a small share through open-market auctions or tenders (Lin and Ho, 2005).

Can a property be transferred if a land-use rights are reclaimed?

Restrictions that may apply to the transfer of real estate include prohibiting transfer when the land-use rights are reclaimed by the state in accordance with law, or when the property has not been properly registered and certificates of ownership have not been obtained. Both urban land-use rights and home ownership are subject to registration.

Why are land assets important to local States?

The importance of land assets to local states was raised, especially after the 1994 tax-sharing reform when the central state took away most tax revenues (Wang and Ye, 2016; Pan et al., 2017).

What happens after rural construction land is demolished and reclaimed?

At the same time, after the rural construction land is demolished and reclaimed, it is expected that all the increased cultivated land will be transferred to the village collective, which can be handed over and managed by the agricultural development company or large planting households.