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Why is Qingdao Yinhe Mountain Villa a 50-year property right?
According to the inquiry of China Travel Service. Com, Qingdao Yinhe Villa is a 50-year-old property right house, which belongs to the situation that the land planning use and development use are not completely consistent in real estate development. Non-residential land is designed and constructed according to the function of residential use, which can meet the residential demand. However, the house is non-residential in nature and the land use period is 40 or 50 years. In the market, such properties are called "40-year or 50-year property houses" and "commercial houses". It can be seen that the reason why Qingdao Yinhe Villa is a 50-year property right is because the land planning use and development use are not completely consistent.
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