PropertyRightsLawtranslationforLAWS6125exam.docx

PropertyRightsLawtranslationforLAWS6125exam.docx

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PropertyRightsLawtranslationforLAWS6125exam

PRC,PropertyRightsLaw 

Refno:

4110/2007.03.16 

（Promulgatedbythe5thSessionofthe10thNationalPeople’sCongressofthePeople’sRepublicofChinaon16March2007andeffectiveasof1October2007.）

TableofContents

PartOne:

GeneralPrinciples

ChapterOne:

BasicPrinciples

ChapterTwo:

Creation,Variation,TransferandExtinguishmentofPropertyRights

SectionOne:

RegistrationofImmovableProperty

SectionTwo:

DeliveryofMovableProperty

SectionThree:

OtherProvisions

ChapterThree:

ProtectionofPropertyRights

PartTwo:

Ownership

ChapterFour:

GeneralProvisions

ChapterFive:

StateOwnership,CollectiveOwnershipandPrivateOwnership

ChapterSix:

Owner’sOwnershipinaBuilding

ChapterSeven:

NeighbourRelationship

ChapterEight:

Co-ownership

ChapterNine:

SpecialProvisionsonObtainingOwnership

PartThree:

Usufruct

ChapterTen:

GeneralProvisions

ChapterEleven:

LandContractedOperationRights

ChapterTwelve:

ConstructionLandUseRights

ChapterThirteen:

ResidentialLandUseRights

ChapterFourteen:

Easement

PartFour:

CollateralRights

ChapterFifteen:

GeneralProvisions

ChapterSixteen:

MortgageRights

SectionOne:

GeneralMortgageRights

SectionTwo:

MaximumAmountofMortgageRights

ChapterSeventeen:

PledgeRights

SectionOne:

PledgeofMovableProperty

SectionTwo:

PledgeofRights

ChapterEighteen:

LienRights

PartFive:

Possession

ChapterNineteen:

Possession

SupplementaryProvisions

PARTONE:

GENERALPRINCIPLES

CHAPTERONE:

BASICPRINCIPLES

Article1:

ThisLawispromulgatedpursuanttotheConstitutionforthepurposesofsafeguardingthebasiceconomicsystemoftheStateandtheorderofthesocialistmarketeconomy,clarifyingpropertyownership,optimizingpropertyfunctionandprotectingthepropertyrightsofrightsholders.

Article2:

ThisLawshallapplytocivilrelationshiparisingfromtheownershipandusageofproperties.

PropertiesreferredtointhisLawshallincludeimmovablepropertyandmovableproperty.Wherethelawprovidesfortheobjectofpropertyrights,suchprovisionsshallprevail.

PropertyrightsreferredtointhisLawshallmeantherightstodirectcontrolandexclusivityforspecificpropertiesenjoyedbyarightsholderpursuanttothelawandshallincludeownership,usufructandcollateralrights.

Article3:

TheStateupholdsthebasiceconomicsystemcomprisingthepublicownershipsystemasthemainentityandcommoneconomicdevelopmentofmultipleownershipsystemsinthepreliminaryphaseofsocialism.

TheStatebuildsonanddevelopspublicownershipeconomy;encourages,supportsandguidesthedevelopmentofnon-publicownershipeconomy. 

TheStatepracticessocialistmarketeconomyandprotectsequallegalstatusanddevelopmentrightsofallmarketentities.

Article4:

ThepropertyrightsoftheState,collectivepartiesandprivateindividualsaswellaspropertyrightsofotherrightsholdersshallbeprotectedbythelawandshallnotbeinfringedbyanyunitorindividual. 

Article5:

Typesandcontentsofpropertyrightsshallbestipulatedbythelaw. 

Article6:

Thecreation,variation,transferandextinguishmentofpropertyrightsofimmovablepropertyshallberegisteredpursuanttotheprovisionsofthelaw.Thecreationandtransferofpropertyrightsofmovablepropertyshallbedeliveredpursuanttotheprovisionsofthelaw. 

Article7:

Theobtainingandexerciseofpropertyrightsshallcomplywiththelaw,respectsocialmoralsandshallnotharmpublicinterestorthelegitimateinterestsofothers. 

Article8:

Whereotherrelevantlawscontainspecialprovisionsonpropertyrights,suchprovisionsshallprevail. 

CHAPTERTWO:

CREATION,VARIATION,TRANSFERANDEXTINGUISHMENTOFPROPERTYRIGHTS

SECTIONONE:

REGISTRATIONOFIMMOVABLEPROPERTY 

Article9:

Creation,variation,transferandextinguishmentofpropertyrightsofimmovablepropertyregisteredpursuanttothelawshallbevalid;unlessotherwiseprovidedbythelaw,suchcreation,variation,transferandextinguishmentshallbeinvalidwithoutregistration. 

RegistrationisnotrequiredforownershipofnaturalresourceswhichbelongtotheStatepursuanttothelaw. 

Article10:

Registrationofimmovablepropertyshallbehandledbytheregistrationauthorityatthelocationoftheimmovableproperty. 

TheStateimplementsaunifiedregistrationsystemforimmovableproperty.Thescopeofunifiedregistration,registrationauthorityandregistrationmethodsshallbestipulatedbythelawsandadministrativeregulations. 

Article11:

Partiesconcernedinanapplicationforregistrationshallprovidetheproofoftitleandrequisitematerialssuchasinformationonboundariesandareaofimmovablepropertyaccordingtotherespectiveregistrationmatters. 

Article12:

Theregistrationauthorityshallperformthefollowingduties:

1.inspecttheproofoftitleandotherrequisitematerialsprovidedbytheapplicant;

2.inquirewiththeapplicantinrespectofregistrationmatters;

3.registertherelevantmattersfactuallyandpromptly;and

4.otherdutiesstipulatedbythelawsandadministrativeregulations. 

Wherefurtherproofisrequiredfortheimmovablepropertyunderanapplicationforregistration,theregistrationauthoritymayrequiretheapplicanttoprovidesupplementarymaterialsandmayconductanonsiteinspectionwherenecessary. 

Article13:

Theregistrationauthorityshallnothavethefollowingbehaviour:

1.requireavaluationoftheimmovableproperty;

2.conductrepeatedregistrationinthenameofannualinspectionetc;or

3.commitanyotheractbeyondthescopeofregistrationduties. 

Article14:

Wherethecreation,variation,transferandextinguishmentofpropertyrightsofimmovablepropertyrequiresregistrationpursuanttotheprovisionsofthelaw,suchcreation,variation,transferandextinguishmentofpropertyrightsshalltakeeffectonthedatestatedintheregisterofimmovableproperty. 

Article15:

Unlessotherwisestipulatedbythelawsorcontractualprovisions,acontractenteredintobetweenthepartiesconcernedonthecreation,variation,transferorextinguishmentofpropertyrightsofimmovablepropertyshalltakeeffectuponconclusionofthecontract;thefailuretocompleteregistrationofpropertyrightsshallnotaffectthevalidityofthecontract. 

Article16:

Theregisterofimmovablepropertyisthebasisofownershipandcontentsofpropertyrights.Theregisterofimmovablepropertyshallbemanagedbytheregistrationauthority. 

Article17:

Thetitledeedoftheimmovablepropertyistheproofofrightsholder’sentitlementtothepropertyrightsoftheimmovableproperty.Themattersrecordedinthetitledeedoftheimmovablepropertyshallbeconsistentwiththoserecordedintheregisterofimmovableproperty;unlessthereisevidencetoprovethatthereisanerrorintheregisterofimmovableproperty,theinformationintheregisterofimmovablepropertyshallprevailintheeventofanyinconsistency. 

Article18:

Rightsholdersandinterestedpartiesmayapplytoinspectandmakecopiesofregistrationinformationandtheregistrationauthorityshallfacilitate.  

Article19:

Arightsholderoraninterestedpartythatisoftheviewthattheinformationrecordedintheregisterofimmovablepropertycontainsanerrormayapplyforcorrectionoftherelevantregistrationinformation.Whererightsholderrecordedintheregisterofimmovablepropertyhasissuedawrittenconsentforcorrectionorthereisevidencetoprovethattheregistrationinformationcontainsanerror,theregistrationauthorityshallmaketheduecorrection. 

Wheretherightsholderrecordedintheregisterofimmovablepropertydoesnotconsenttocorrection,theinterestedpartymayapplyforregistrationofanobjection.Wheretheregistrationauthoritygrantstheregistrationofobjectionbuttheapplicantdoesnotfilealawsuitwithin15daysfromtheregistrationofobjection,theregistrationofobjectionshallbecomevoid.Whereaninappropriateregistrationofobjectioncausestherightsholdertosufferdamages,therightsholdermayseekcompensationfordamagesfromtheapplicant. 

Article20:

Apartyconcernedwhohasenteredintoanagreementonsaleandpurchaseofhousingpropertyorotherpropertyrightsofimmovablepropertymay,forthepurposeofensuringfuturerealizationofpropertyrights,applytotheregistrationauthorityforpre-registrationpursuanttotheagreement.Where,followingthepre-registration,theimmovablepropertyisdisposedofwithouttheconsentoftherightsholderinthepre-registration,thepropertyrightsshallbeinvalid. 

Where,followingthepre-registration,thecreditor’srightshaveextinguishedornoregistrationismadewithinthreemonthsfromthedateofregistrationofimmovableproperty,thepre-registrationshallbecomevoid. 

Article21:

Apartyconcernedwhoprovidesfalsematerialstoapplyforregistrationandcausesotherstosufferdamagesshallbearcompensationliability. 

Whereanerrorinregistrationcausesotherstosufferdamages,theregistrationauthorityshallbearcompensationliability.Uponmakingcompensation,theregistrationauthoritymayseekrecourseagainstthepartywhichcausestheerrorinregistration. 

Article22:

Registrationfeesforimmovablepropertyshallbecollectedonaperitembasisandshallnotbebasedonthearea,sizeorapercentageofthepriceoftheimmovableproperty.SpecificfeeratesshallbestipulatedbytherelevantStateCouncildepartmentjointlywiththepricingauthority. 

SECTIONTWO:

DELIVERYOFMOVABLEPROPERTY 

Article23:

Unlessotherwisestipulatedbythelaw,thecreationandtransferofproperty