What is the difference between a parking space with property rights and one without?

[MacIsabella]

The differences between a parking space with property rights and one without: 1. Different property rights duration: A parking space with property rights has a duration of 70 years; one without property rights only has a usage right of 20 years. 2. Different certificates: A parking space with property rights has a property rights certificate; one without property rights only has a receipt from the developer. The buying and selling of parking spaces without property rights are not protected by the Property Law, and purchasing them is not recommended. The only criterion for whether a parking space can be sold or bought is whether a property rights certificate can be obtained. If there is no property rights certificate for the parking space, then it cannot be sold. If a developer sells a parking space that cannot obtain a property rights certificate to an owner, the owner will ultimately receive only a lease contract, not an ownership certificate.