Traditional Culture Encyclopedia - Hotel accommodation - How to distinguish between serviced apartments and residential apartments?
How to distinguish between serviced apartments and residential apartments?
legal ground
Article 12 of the Provisional Regulations on Assignment and Transfer of the Right to Use State-owned Land in Cities and Towns
The maximum period of assignment of land use rights is determined according to the following purposes:
(a) residential land for seventy years;
(two) fifty years of industrial land;
(three) fifty years of land for education, science and technology, culture, health and sports;
(four) forty years of commercial, tourism and entertainment land;
(five) comprehensive or other land for fifty years.
Article 21 of the Urban Real Estate Management Law
Land users who need to continue to use the land after the expiration of the term stipulated in the land use right transfer contract shall apply for renewal at the latest one year before the expiration, and shall be approved unless the land needs to be recovered according to public interests. In case of renewal, the land use right transfer contract shall be re-signed, and the land use right transfer fee shall be paid as required.
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