Research On The Legal Countermeasures Of Developing Real Estate Investment Trusts In China

Real estate industry is a typical capital-intensive industry,capital use scale,capital takes up a long period.In addition to a few real estate enterprises to rely on financial instruments such as stock financing,most of the real estate enterprises still rely on bank loans.In the current national austerity,local governments are taking the policy of"restricted" situation,the construction of diversified financing channels is promoting the healthy and benign development of the real estate industry,reduce the urgent needs of the bank credit risk.And the development of real estate investment trust fund is an effective path to solve this problem.Real estate investment trust originated in the United States,the 21st century,the rapid development in many countries and regions.It of the organic link of the real estate market and financial market,not only solved the real estate enterprise demand for capital,also to some extent reduced the bank's credit risk,more let the masses of medium and small investors have the opportunity to participate in the real estate development.Based on the basic concept of real estate investment trust fund as a starting point,on the main theory of real estate investment trusts,analyze the real estate investment trusts the rights and obligations of the relationship between the parties,mainly introduces the typical countries and regions of the legal system of real estate investment trusts and overall operation mode,and summarizes the overseas experience on our country's significance,combined with domestic development status at present stage,analyze the real estate trust fund face legal obstacles,and finally discusses our country real estate investment trust legislation mode and development path.