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The 1990 Regulations on Granting Land Use Rights dealt further with this adopted by the City Actual Estate Law (adopted July 5https://www.house-o-rock.com 1994)https://www.house-o-rock.com 40 the “Safety Legislation of the Folks’s Republic of China” (adopted June 30https://www.house-o-rock.com 1995)https://www.house-o-rock.com after which the “City Mortgage Measures” (issued Could 9https://www.house-o-rock.com 1997) 41 resulting in land privatization and mortgage lending practices.