There is no time limit for the property right of serviced apartments, and the property right of houses is permanent. Usually, the time of real estate license is, the time limit of land certificate. The service life of serviced apartments is 5 years.

An apartment with 7 years of property rights should be a residential commercial house, but it depends on the nature of property rights to define whether it is residential or commercial. If it's all residential, it's a second suite.

Generally, the property right of hotel-style apartments is commercial, and the property right is 4 or 5 years, and the property right of 7 years is generally defined as residential. At present, the national purchase restriction policy is mainly aimed at residential commercial housing.

in addition, article 5 of the state aims at residential commercial housing, and the general property right period is 7 years. The specific implementation rules have not yet been issued, so there is no need to worry too much.