What is residential property?

First: First of all, the nature of residential property is for living, which is what we usually call residential quarters, villas and so on. Different from other office buildings, commercial properties and hospitals;

Second, the land use right of residential property is the longest, which is 70 years (that is, the 70-year property right that everyone often hears), which is different from the land use right of commercial property, which is usually 40 years. Schools, hospitals, etc. all allocate land;

Third: in addition to living in nature; Residential properties have 70 years of land use rights to distinguish residential properties; There is also a relatively certain way, that is, to check the documents issued by the national government such as the planning permit for construction land for residential properties; Some will indicate the use of land or the nature of planned buildings.