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How many years is the demolition agreement valid for?
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Article author：Yingting Lawyers Group | Update time：2022-11-10 | Reading times：657
How many years is the demolition agreement valid for?
There is no expiry date attached and it should always be valid.
Legal validity of demolition agreement
1. Effective conditions
The house demolition compensation and resettlement agreement must include the unit, name, and name of the person in charge of the demolition parties. The agreement must be signed and sealed by both parties before it becomes legally binding.
When demolishing non-rental houses, the demolisher shall sign an agreement with the person being demolished; when demolishing a rental house, the demolisher shall sign an agreement with the person being demolished and the lessee of the house.
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2. Main content
(1) Demolition compensation method, monetary compensation amount and payment period;
(2) Resettlement housing area, standard and location;
(3) The price difference payment method and period for the property rights exchange house;
(4) Relocation period, relocation transition method and transition period;
(5) The payment standards and payment methods for relocation subsidy, temporary resettlement subsidy or loss due to production and business suspension;
(6) Liability for breach of contract and methods of dispute resolution;
(7) Other terms agreed upon by the parties.
As for the specific contents included in each demolition compensation and resettlement agreement, it should also vary depending on the demolition compensation method. For monetary compensation, the agreement should mainly state the compensation amount and relocation period; for property rights exchange, the agreement should mainly state the structure, area and location of the resettlement house, relocation period, transition method and transition period.
3. Must be notarized
What needs to be explained here is that the demolition compensation and resettlement agreement entered into for the houses managed by the house demolition management department must be notarized by a notary authority, that is, compulsory notarization is implemented. Through notarization, the authenticity and legality of the contents of the demolition compensation and resettlement agreement can be guaranteed, which will help eliminate the doubts of the trustee about the agreement.
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