Common Contracts

1 similar Land Rezoning Agreement contracts

CONNECTED TRANSACTION LAND REZONING AGREEMENT AND ACQUISITION OF LAND
Land Rezoning Agreement • June 17th, 2016

As the zoning of the lands owned by Lawrence, Huaxiang Group, Ningbo Huaxiang and Huazhong Plastic located in Jidian Industrial Area, Xizhou Town, Ningbo City, Zhejiang Province has been changed from field roads to urban road networks, whereas the constructions of the factories of the companies were implemented based on planning, the road network and the situation of the buildings were mismatched with the actual area of each zone which caused an inconsistency between land certificates and property ownership certificates, which in turn resulted in unclear property rights. As a result, the Xiangshan Land and Resources Bureau will implement a replanning and rezoning on all the lands owned by the aforesaid companies based on the actual use of the existing lands.

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