Grant contract for state-owned land use rights (land grant contract) (国有土地使用权出让合同) | Practical Law

Grant contract for state-owned land use rights (land grant contract) (国有土地使用权出让合同) | Practical Law

Grant contract for state-owned land use rights (land grant contract) (国有土地使用权出让合同)
Glossary

Grant contract for state-owned land use rights (land grant contract) (国有土地使用权出让合同)

This refers to the contract entered into between the state as land grantor and the land user as land grantee for the purpose of the grant of the state-owned land use rights for a certain number of years. The land user must pay land premium according to the provisions of the land grant contract and within 60 days after entering into the contract.
Land grant contract must contain the following particulars:
  • Names and addresses of the parties.
  • The boundary and the areal of the land.
  • The space occupied by the buildings and structures and the facilities attached to them.
  • Purposes of use of land.
  • The term of use.
  • Payment of land premium and other fees and the manners of payment.
  • Means for settlement of disputes.
(Article 138, Property Law of the People’s Republic of China 2007.)