The Land Use Clause Samples
The Land Use. Right Owner agrees to pay the above mentioned land use right transfer fee to the Assignor in accordance with Section (I) under this Article. Within 60 days from June 29th 2009, the land use right transfer fees above shall be paid all at once. The land use right transfer fees above shall be paid to the Assignor with the following dates and amounts in / installments.
The Land Use. Right Owner agrees that the area of land used for business office and living facilities within the premises shall not exceed 7% of the land, that is, not exceed 4,573 square meters (if the area for office and living facilities cannot be calculated separately, the apportioned area, which is calculated based on the ratio of the area for office and living facilities to the total building area, shall be used instead). The Land Use Right Owner shall not build non-production facilities such as residential block, apartment, hotel, guesthouse, training center, etc. on the land.
The Land Use. Right Holder shall start the development construction in accordance with this Contract. The following condition will be deemed as land idling, and the Assignor has the right to request the Land Use Right Holder for idle land fees: the development is not started over one year after the due start date, or the area of the actual developed land accounts for less than one third of that of the specified developed area, or the real investment amount accounts for less than 25% of the total amount, and there is no approval for one-year continuous suspension for construction from the County Government or the administrative department of land and resources. The Assignor and the Land Use Right Holder agree that, idle land fees of the land under the Contract shall account for 5% of the total fees for transfer of the land use rights, namely RMB SIX HUNDRED AND THIRTY ONE THOUSAND FIVE HUNDRED AND EIGTHY SEVEN (631,587 Yuan); when the development is not started over two years after the due start date, the Assignor can withdraw the land for free, unless the development is delayed by force majeure, by actions of the government or government departments, or by the preparation work necessary for starting the development.
The Land Use. Right Holder shall start the development construction in accordance with this Contract. The following condition will be deemed as land idling, and the Assignor has the right to request the Land Use Right Holder for idle land fees: the development is not started over one year after the due start date, or the area of the actual developed land accounts for less than one third of that of the specified developed area, or the real investment amount accounts for less than 25% of the total amount, and there is no approval for one-year continuous suspension for construction from the County Government or the administrative department of land and resources.
The Land Use. Right under this Contract shall be mortgaged in its entirety when any mortgage is established thereon. The principle claims guaranteed by the mortgage shall be limited to the bank loan for the development and construction of the Granted Land and shall not exceed the overall Grant Fees agreed in this Contract.