In a dispute over a credit contract, where the collateral is the right to use agricultural land that has expired as recorded in the Land Use Right Certificate, how does the Court handle the collateral?

In credit activities, land use rights are the most common form of collateral. However, agricultural land has a limited term of use (20 years, 50 years depending on purpose). As a result, many disputes arise regarding cases where the collateral is agricultural land whose term of use has expired as stated in the Land Use […]

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