408. Ownership status of the land
[] 1 Self-owned
[] 2 Right to build
[] 3 Right to use
[] 6 Other, specify ____
Question 408: Ownership status of land of residence
The ownership status of land of residence is asked if the house/residential building is self-owned or being paid in installments/rent and purchase -- P407 is coded 1 or 2.
Property right [Self-owned]: the right of land that can be owned without a time limit, can be inherited and can be handed to another party. This land can be used for all needs.
Right to build: the right of owning a land for a maximum of 20 years (could be extended a maximum of 30 years, to a total of 50 years) and can be inherited. This land can be handed to another party only for a building.
Right to use: is the right of owning a land with no limit (total of 10 years depending on the income). This land can be used for a building.
Other: is the land status not mentioned above.
Circle the appropriate code. If the answer category is "Other", write down the status between brackets.