Traditional Culture Encyclopedia - Hotel accommodation - How long is the hotel property right?

How long is the hotel property right?

Property-style hotels and serviced apartments have a land use life of 40 years or 50 years respectively.

There is no time limit for the property right of serviced apartments, and the property right of houses is permanent. Usually, the time limit of real estate license is, and the time limit of land certificate is. The service life of serviced apartments is 50 years. The property rights of serviced apartments are generally 40 years, 50 years and 70 years.

This mainly depends on the nature of the land and varies according to the type of building. Generally, the property rights of hotel-style apartments are commercial, and the property rights are forty or fifty years; 70-year property rights will generally be characterized as residential.

The land use certificate shows the specific nature and time of the land.