Commercial housing rose in China in 1980s. It refers to the houses developed by real estate development and management companies (individuals and foreign companies) with the approval of relevant government departments, which have obtained land use rights for 40, 50 and 70 years from government agencies. After completion, it will be used to sell leased houses in the market, including houses, commercial houses and other buildings. Commercial housing is also called "big property house".

Large property right house is the relative word of "small property right house", that is, buyers have both "House Ownership Certificate" and "Land Use Certificate". Second-hand housing transactions can be carried out legally, and the houses bought are built on legal construction land. Big property houses have four complete functions: possession, use, income and disposal.

Extended data:

Cash sales conditions

According to the relevant provisions of the state, the sale of commercial housing shall meet the following conditions:

(1) The real estate development enterprise that sells commercial housing now shall have the business license of enterprise legal person and the qualification certificate of real estate development enterprise.

(two) to obtain the land use right certificate or land use approval document.

(3) Holding a construction project planning permit and a construction permit.

(4) It has passed the completion acceptance.

(five) the demolition and resettlement has been implemented.

(six) water supply, power supply, heating, gas, communications and other supporting infrastructure have delivery conditions, other supporting infrastructure and public facilities have delivery conditions or have determined the construction progress and delivery date.

(seven) the property management plan has been implemented.

Pre-sale conditions

According to the relevant provisions of the state, the pre-sale of commercial housing shall meet the following conditions

(a) have paid all the leasing of land use rights, and obtained the certificate of land use rights.

(2) Holding a construction project planning permit and a construction permit.

(three) according to the pre-sale of commercial housing, the investment in development and construction has reached more than 25% of the total investment in engineering construction, and the construction progress and completion delivery date have been determined.

(four) the main structure of multi-storey buildings has been completed by more than one third.

(five) the high-rise building has completed the main project below the ground.

References:

Baidu Encyclopedia-Commercial House (for sale or lease under market economy)

References:

Baidu encyclopedia-big property room