[photopress:real_estate_apartments.jpg,full,alignright]China’s Property Law has been amended to ensure home owners are compensated for property taken from them by the government. Parliament has voted to add into the law a clause that allows the expropriation of buildings in the public interest while promising compensation to owners.
In the past there have been administrative rules which have been less authoritative. This is the first time they have been enshrined in law.
Sun Cunxin, a lawyer at the Hengsheng Law Firm in Beijing said, ‘Writing the compensation clause into the law will ensure local governments and authorities will respect it more.’
China has struggled to control mushrooming illegal land seizures and development, typically caused by the collusion of business interests and local officials.
The Property Law, which guarantees protection for the state-owned, the collective and the private sectors, went through a record 13 years of debate before being passed by the legislature in March.
Source: Forbes
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