The Research On The Enclaves Mortgage

Rural land contract management rights transfer appeared enclaves in the process.Agricultural land contracting right in the process of enclaves are those that have the right to do business correctly contract farmers in the land transfer process does not transfer out of the land.Circulation operating in large areas of land in piecemeal transfer of land distributed some operators did not obtain the right to operate the transfer of land.Based on the difference of territorial division and implementation capacity of the property boundary,in the process of circulation of agricultural land,rural land contracting rights owners do not want to transfer the land,resulting in the plot is difficult to be used in accordance with the expectations of entrepreneurs,increasing agricultural entrepreneurs implementation of cost behavior and become a new problem facing the agricultural supply-side reform.Enclaves restricts the integration of land resources,but also created a new dilemma agricultural land mortgages.After Lewis turning point of China's demographic dividend disappear,modernization of agricultural production to technology-intensive shift from traditional labor-intensive,enclaves reduces the transfer of agricultural land to grow crops for entrepreneurs selection field,thereby reducing the value of the land.In addition,the enclaves leads to agricultural land dedicated entrepreneurs to reduce investment,so attached to the land value lower than the same crop area without enclaves of the land.Power Empowering agricultural entrepreneurs have a land contract and management rights attached to the land and mortgage loans,urban-rural dual financial convergence iconic system innovation.Agricultural land contract and management rights included in the loan contract and the agricultural producers and agriculture-related financial institutions,making it a tool to solve the moral hazard and adverse parties to the contract because of information asymmetry arising selection problem for rural financial development provided a powerful support strength,thereby increasing the farmers' financial availability.But agricultural land contract and management rights to the mortgage contracting process,the transfer of agricultural land valuation,in particular the transfer of agricultural land to the value of having a enclave to assess the characteristics to become a new loan contracting plight.Because attached to the land crop value and land cultivable crop selection field positively related to expected land contract and management rights of future cash revenue stream not only with land quality-related,but also with the land location,road network result,water conservancy facilities and other general properties investment-related.In the absence of effective rural financial collateral circumstances,credit rationing is an important means of rural financial market equilibrium clearing;in the case of mortgage loans for agricultural production projects,the value of collateral must be met-minimum "mortgage" in.Key land contract and management rights included in the mortgage credit contracts and credit financing to improve the ability of farmers is expected to improve the land in the future revenue stream and expand agricultural production decisions of the selection field.Because of the asymmetry factor,the legal system barriers,agricultural run secondary circulation problems inherent risks,and agricultural land contract and management rights of presence information and other structures,agricultural land contract and management rights mortgages there are also risks.Therefore,the mortgage of agricultural land contract and management rights,the local government or the security company with local government background becomes invisible guarantor of agricultural land contract and management right mortgage loan when the borrower fails to repay the loan,or local government local government background security company has "reveal" role,which guard against the financial risks and social risks.