Research On Our Country’s Real Estate Investment Trust Legal System

In order to promote the development of market economy in our country, mustconstantly improve the market economy system of our country. In a perfect marketeconomy system, the first to gradually improve the legal system in our country, has a legalsystem as a guarantee, can develop a market economy.The real estate industry as a landmark industry of our country market economy, at thesame time of developing progress also drives the development of other industries, as animportant index of economic development, the rapid development of the real estateindustry can rise to maintain the purpose of economic development and social stability.Because the real estate industry is pillar industry of our country’s financial sector, butrestricted by the state’s financial policy and economic situation, our country’s financialsector have been relatively backward, and restricts the development of the real estateindustry in our country, only by constantly to speed up financial reform and innovation, topromotes the development of the real estate industry. In China’s real estate industry hasbeen plagued by a shortage of funds, only by constantly strengthen broaden the financingchannels, to provide energy and power for the real estate industry, therefore, the real estateindustry financing problem is the real estate industry development needs to solve the keyproblems, also affects the development of financial industry and even the whole economicsystem in our country is the most important factor.Real estate investment trust as a new financing tool since launch has receivedextensive attention of the industry. The national real estate investment trusts are in constantdevelopment and research, but the real estate investment trust industry of our country isstill at the primary stage of development, to our country’s real estate investment trust on apath to the good development, must be guaranteed from the system, to perfect our legalsystem of real estate investment trusts became an urgent need to solve the problem.In this article, through exploring the trajectory of countries and the area of real estateinvestment trust and development path, in-depth analysis and discussion on successfulcountries and regions and the experience of the development of real estate investmenttrusts, and then by comparing the western developed countries and developing countries inAsia the similarities and differences on the development road of real estate investmenttrusts, combined with the reality of our country economy and the social basiccharacteristics, analyzed and summed up the way and method suitable to China’s development of real estate investment trust, on the one hand, perfecting our country’sexisting legal system of regulation of the real estate investment trust, on the other hand, tobuild China’s real estate investment trusts, combined to solve the problem from twoaspects, so as to enable our country’s real estate investment trust, increasingly perfect andimprove the legal system, finally promote the development of the real estate industry inChina, drive our country’s financial market and the sound development of social economy.In this article, through analysis and draw lessons from foreign advanced experiencethe development of real estate investment trust legal system, achieve the goal of perfectinglegal system of real estate investment trust, in order to through the improvement of thelegal system safeguard the entire industry’s development and progress, in order to promotethe perfection of legal system in China and make some contributions to the development ofeconomy.