Does a parking space have a property ownership certificate?
1 Answers
Whether a parking space has a property ownership certificate depends on two situations: 1. Parking spaces with property ownership certificates are classified as non-residential properties, similar to commercial shops and office spaces, with a land use term typically of 40 years. These are state-recognized commercial properties that can be bought and sold, and both property ownership certificates and land use certificates can be obtained, protected by national laws; 2. Parking spaces without property ownership certificates refer to civil air defense projects that the government mandates developers to construct. A parking space, or parking spot, refers to a place for parking vehicles, including outdoor and indoor locations. Based on charging, they can be categorized into free parking and paid parking. Parking in areas not designated as parking spaces may be considered illegal parking, and law enforcement authorities may impose fines.