Condominium ownership is 40 to 70 years.

Condominium property rights are generally 40 to 70 years, specifically, the property rights of condominiums are generally divided according to the nature of the land. Residential condominiums have the same 70-year property rights as ordinary residences, while commercial condominiums generally have 40-year property rights.

Commercial land, land use life of forty years, this type of public housing for the market ordinary apartments, located in commercial areas. Industrial land, mainly in the name of the company on the site of the redevelopment of apartments, office buildings, commercial housing is generally land use life of fifty years.

Comprehensive land, comprehensive buildings including schools, gymnasiums, commercial centers, offices, etc., this type of housing is generally located in the center of the city, complete with supporting facilities, as an investor is very commercially viable, the general land use of 50 years.

Advantages and disadvantages of apartment houses:

1, advantages

Compared to the general housing, apartment houses are small in size, so even in the center of the city or busy areas, the total price of the house is relatively low, if you are a loan to buy a house, then the pressure of the late monthly payments will be very small, and life will be more I'm not sure if you're going to be able to do that.

Nowadays more and more cities have introduced the purchase restriction policy, want to buy a set of residential housing requirements, not very easy, however, the apartment house is not limited to purchase, not limited to loans, so the demand for apartment houses is still quite large.

2. Disadvantages

Apartment houses are commercial properties, can not be settled, if outsiders intend to settle down in the big city, then the purchase of apartments is not realized, and many of the city's dividend policy can not be enjoyed, the rights and interests of the homeowner is not fully protected, very uneconomical.

Specifically, if you have a child in your family who wants to go to school, you will be very inconvenienced. Nowadays, our country has implemented the policy of neighborhood enrollment, even if the apartment is near a key school, you can't settle down, you can't enjoy the high quality of the school district resources.

Commercial properties, water, electricity and other costs of the unit price standard is much higher than residential homes, and the vast majority of apartments are not connected to the gas, however, people can not live without eating, so whether you are cooking at home or ordering takeout to eat, the cost of living will be greatly increased.

Refer to Baidu Encyclopedia - Apartments for the above