There is no concept of the service life of the house, but the service life of the land occupied by the house. After the expiration, with the approval of the government, the owner can continue to pay the land transfer fee and continue to use the land. The house is your private property and enjoys permanent ownership and use right.

Property ownership period: refers to the ownership period of building property rights, including: civil residential buildings, commercial buildings and industrial buildings. According to different types of buildings, the ownership period of general civil residential buildings is 70 years, and that of commercial buildings is 40 years.

Nature: Article 149 of the Property Law stipulates that the right to use residential construction land will be automatically renewed upon expiration. After the expiration of the right to use non-residential construction land, the renewal procedures shall be handled according to law. The ownership of houses and other immovable property on the land, if there is an agreement, shall be in accordance with the agreement; If there is no agreement or the agreement is unclear, it shall be handled in accordance with the provisions of laws and administrative regulations.

Provisions: Article 21 of the Regulations on Expropriation and Compensation of Houses on State-owned Land? The expropriated person can choose monetary compensation or house property right exchange.

If the expropriated person chooses to exchange property rights, the people's government at the city or county level shall provide houses with property rights exchange, and calculate and settle the difference between the value of the expropriated house and the value of the houses with property rights exchange with the expropriated person.