The Nature of Rural Land Management Right and Mortgage Loan Model

This paper analyzes the controversial status of the nature of land management right, defines land management right as real right, removes obstacles for land management right financing, and fully releases the economic efficiency of land management right. This paper discusses the phenomenon of “three difficulties” in the financing of land management right, which is difficult to confirm the right, evaluate and deal with. Taking Yongan, Shaxian in Fujian and Tongxin County in Ningxia as examples, this paper summarizes and puts forward four credit models: “Guarantee Fund + mortgage + counter guarantee” “mortgage guarantee + institutional acquisition” “institutional guarantee + joint guarantee of farmers” and “equity pledge + guarantee” loan mode. This paper expounds the structure of the above four loan modes and analyzes the advantages and disadvantages, and leads to four enlightenment of land management right credit financing: improve the confirmation of rural contracted land rights, improve the risk sharing mechanism, cultivate the rural land trading market and improve the bank due diligence and exemption system.