Compensation for Land Recovery: State Price or Market Price?

Based on the provisions of Clause 2 Article 74 of the Land Law 2013:

Compensation shall be made by allocating land with the same use purpose as the recovered land. If there is no land available for compensation, it shall be compensated in cash according to specific land price of the recovered land type decided by the Provincial People's Committee at the time of the land recovery decision.

Simultaneously, Clause 3 of this Article also stipulates that the determination of specific land prices must be based on the investigation and collection of information on parcels, market land prices, and land price information in the land database; and applying appropriate land valuation methods. Based on the results of land price determination consultation, the provincial land management agency shall submit a proposal to the Land Price Appraisal Council for review before submitting to the Provincial People's Committee for decision.

In comparison with the information you provided, if your family's land is subject to recovery, the compensation will be based on the specific land price decided by the Provincial People's Committee at the time of the land recovery decision. Thus, the recovered land will be compensated according to the State price, not the market price.

Sincerely!