Traditional Culture Encyclopedia - Hotel franchise - Do serviced apartments have real estate licenses?

Do serviced apartments have real estate licenses?

Hotel-style apartments have real estate licenses.

Apartment hotel is a hotel building, the land is used for business services, and the house is used for tourism (guest) hall. The concept of apartment hotel began in 1994, which means "hotel-style service, apartment-style management" and has a high market position. It integrates multiple functions of residence, hotel and clubhouse, and has two functions of "self-use" and "investment".

The real estate license refers to the certificate that the real estate buyer obtains the legal ownership of the house through the transaction and can exercise the right of possession, use, income and disposal of the purchased house according to law, that is, the "property ownership certificate".

The term of ownership of general civil houses is 70 years, and the land use period of serviced apartment property is 40 years. The particularity of apartment hotel lies in that it is designed and built according to apartments or units, but it is still a hotel in essence, not a residence, and it cannot be sold in sets according to relevant regulations.