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I pulled this from the thread on Jiaying's building into a separate topic for reference Even in an urban zone, a 70 year lease is on the land, NOT on the building, and is automatically renewed. They can't take your property (either the land in a rural area or the building) without compensating you for it - at least by law. The property laws in China are patterned after those in the West, except that "property" in urban areas is defined as including the building, NOT the land underneath. It seems to me that the 70 year leases on the underlying land are a separate issue entirely from individual home ownership, and the home ownership is not affected by the lease. "Homes"/condominiums/flats/apartments are purchased, owned, inherited, and sold much the same as homes in other countries. This is my own interpretation, as the Property Law does not seem to address this directly. China's New Property Law (March 16, 2007) - China's New Property Law, Part I -- Introduction China's New Property Law, Part II -- General Principles China's New Property Law, Part III -- Rules Of Real Property Ownership China's New Property Law, Part IV -- Real Property Use Rights China's property law is known as the Wuquan Fa. What I know of it comes from this article, which, of course, is someone's English-language interpretation of the actual (Chinese) law From the introduction in the China Law Blog article:
