Legal basis: Measures for Assessment of House Expropriation on State-owned Land
Article 1 These Measures are formulated in accordance with the Regulations on the Expropriation and Compensation of Houses on State-owned Land in order to standardize the activities of expropriation and evaluation of houses on state-owned land and ensure the objective and fair results of expropriation and evaluation of houses.
Article 2 These Measures shall apply to the valuation of houses expropriated on state-owned land and houses used for property rights exchange, the calculation of the market price of houses expropriated similar to real estate, and the examination, evaluation and appraisal of relevant evaluation results. Article 3 Real estate appraisal institutions, real estate appraisers and members of real estate appraisal expert committees (hereinafter referred to as appraisal expert committees) shall independently, objectively and fairly conduct house expropriation and appraisal, and be responsible for the appraisal and appraisal opinions issued. No unit or individual may interfere in the assessment and valuation activities of house expropriation. If there is an interest in the parties involved in the house expropriation, it should be avoided. Article 4 The real estate price appraisal institution shall be selected by the expropriated person through consultation within the specified time. If negotiation fails within the specified time, the house expropriation department shall decide by organizing the expropriated person to vote or by random means such as drawing lots and shaking numbers in accordance with the principle that the minority is subordinate to the majority. Specific measures shall be formulated by provinces, autonomous regions and municipalities directly under the Central Government.