When buying an apartment, you sign a lease contract, only an invoice and no real estate certificate.

Serviced apartments do not have real estate certificates.

"Serviced apartments" are not residential, and their service life is generally only 40 years, which is 30 years shorter than the 70 years for residential buildings. In addition, commercial land is subject to relevant taxes and fees based on commercial real estate. For example, the deed tax for ordinary residential properties is 1.5% of the house price, while the deed tax for these commercial properties is 3% of the house price, which is fully doubled.

This is a document that proves that the home buyer has obtained the legal ownership of the house through a transaction and can exercise the rights to possess, use, benefit from and dispose of the purchased house in accordance with the law. That is, the "House Ownership Certificate" is the legal certificate for the state to protect the ownership of the house in accordance with the law.