What Is a Land Grant?

Land compensation is the economic compensation given by the land-use unit or enterprise according to the original purpose of the land acquired.

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Land compensation is the economic compensation given by the land-use unit or enterprise according to the original purpose of the land acquired.
Land use unit or enterprise
Article 26 of the Implementation Regulations of the Land Administration Law of the People's Republic of China stipulates that:
The land compensation fee is owned by the rural collective economic organization; the compensation for ground attachments and young crops is owned by the owners of the ground attachments and young crops.
The resettlement subsidy for land acquisition must be used for special purpose and not used for other purposes. Those who need resettlement are resettled by rural collective economic organizations, and resettlement subsidies are paid to rural collective economic organizations, which are managed and used by rural collective economic organizations; resettlement subsidies are paid to resettlement units if they are resettled by other units; The resettlement subsidy shall be paid to the resettled individual or used to pay the resettlement insurance cost after obtaining the consent of the resettled.
The municipal, county, and township (town) people's governments should strengthen supervision over the use of resettlement subsidies.

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