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Just a side note: the property doesn’t belong to the landlord, just a 70 years grant to use the land, which can be revoked (with compensation)
by __m 8y ago
Just a side note: the property doesn’t belong to the landlord, just a 70 years grant to use the land, which can be revoked (with compensation)
- Macuyiko 8y agoFor what it's worth, the concept of land ownership is a pretty fluid concept in all countries. USA for example, has the concept of Eminent domain (https://en.wikipedia.org/wiki/Eminent_domain#United_States https://en.wikipedia.org/wiki/Eminent_domain#United_States): > In federal law, Congress may take private property directly (without recourse to the courts) by passing an Act transferring title of the subject property directly to the government. In such cases, the property owner seeking compensation must sue the United States for compensation in the U.S. Court of Federal Claims. The legislature may also delegate the power to private entities like public utilities or railroads, and even to individuals.[8] The U.S. Supreme Court has consistently deferred to the right of states to make their own determinations of "public use".