Commercial real estate refers to real estate used for commercial purposes, so it is also known as store real estate. It is distinguished from residential real estate, which is mainly used for residential purposes, and industrial real estate, which is mainly used for industrial production purposes.

Commercial real estate in a broad sense usually refers to a variety of retail, wholesale, catering, entertainment, fitness, leisure and other business purposes of the form of real estate, from the mode of operation, function and use of the real estate form of ordinary homes, apartments, villas and so on.

Office as the main use of real estate, is the category of commercial real estate, can also be listed separately. The term used more often abroad is the concept of retail real estate. It refers broadly to the form of real estate used for retailing and is a narrow definition of commercial real estate.

Expanded Information:

According to the Measures for Urban Real Estate Management:

Article 59 The State implements a system for registering and issuing certificates of land use rights and house ownership.

Article 60 Acquiring land use right by way of grant or allocation shall apply for registration to the land administration department of the local people's government at or above the county level, and upon verification by the land administration department of the local people's government at or above the county level, the people's government at the same level shall issue a certificate of land use right.

If a house is built on the land acquired for real estate development in accordance with the law, it shall apply for registration with the real estate administration department of the people's government at or above the county level on the basis of the certificate of the right to use the land, and the real estate administration department of the people's government at or above the county level shall verify and issue the certificate of ownership of the house.

Real estate transfer or change, shall apply to the real estate management department of the local people's government at or above the county level to apply for registration of change, and with the certificate of ownership of the changed house to the people's government at the same level of the land management department to apply for registration of change of use of land, verified by the people's government at the same level of the land management department, by the people's government at the same level of the replacement or change of the certificate of land rights. Where the law provides otherwise, it shall be handled in accordance with the provisions of the relevant laws.

Article 61 When real estate is mortgaged, the mortgage shall be registered with the department prescribed by the local people's government at or above the county level.

Where land use right and house ownership are acquired as a result of the disposal of mortgaged real estate, transfer registration shall be made in accordance with the provisions of this Chapter.

Article 62 Where the people's governments of provinces, autonomous regions and municipalities directly under the Central Government determine that the local people's governments at or above the county level are responsible for real estate management and land management by a single department, they may produce and issue a unified certificate of real estate property rights and, in accordance with the provisions of Article 60 of this Law, confirm and change the ownership of a house and the right to use the land within the scope of the occupation of that house. Separately contained in the certificate of title to real estate.

Article 70 The staff of the real estate management department and the land management department shall be investigated for criminal responsibility in accordance with law for dereliction of duty and abuse of power, which constitutes a crime; if it does not constitute a crime, it shall be given administrative sanctions.

The real estate management department, land management department staff use the convenience of their positions, soliciting other people's property, or illegal acceptance of other people's property for the benefit of others, constitutes a crime, according to the law to punish the crime of embezzlement and bribery crime of the supplemental provisions of the criminal responsibility; does not constitute a crime, given administrative sanctions.

Baidu Encyclopedia-Commercial Real Estate