Why are the property rights of apartments divided into 4 years and 7 years? How to distinguish the property rights of apartments?

at present, the division of land use years in China is generally divided into: residential land is generally up to 7 years; Industrial land for 5 years; 5 years of land for education, science and technology, culture and sports; The service life of commercial, tourism and entertainment facilities is 4 years; Comprehensive or other land use is 5 years.

and these data also mean that the 7-year-old apartment with property rights, despite its name, is still a residential product, not a commercial land, while the 4-year-old apartment with property rights belongs to a commercial land, which is what we often call a hotel-style apartment.

The difference between p>4-year and 7-year-old apartments

Hotel-style apartments are often located in the center of the city, and it has become a recognized fact that the surrounding facilities are good, the property service is good and the rental return rate is high after purchase. However, for some property buyers who intend to live in their own homes, there are also many problems in buying such apartments. Because 7-year-old property rights are residential land, 5-year-old property rights are commercial land, when daily water and electricity charges are collected, 4-year-old property rights apartments are charged according to commercial land, and the cost is much higher than that of houses. In addition, when dealing with second-hand houses, the business tax, personal income tax and deed tax of 4-year-old property apartments are higher than those of 7-year-old property apartments. Because some property rights are unclear, 4-year-old property apartments may also be controversial on issues such as mortgage and settlement.

In addition, as a special product type, serviced apartments have appeared in the market for many years, but there has been a lack of a set of systematic norms for them. Therefore, buyers of 4-year-old property apartments need to be carefully screened and treated rationally.

According to the relevant national regulations, the property rights of apartments should generally be 7 years. Therefore, before buying those apartments with a property rights of 4 years, consumers must have a thorough understanding of them and never make trouble for themselves.