What's the difference between a house and an apartment? Why are all units marked as apartments?

Apartment is the most extensive form of real estate investment in commercial real estate. Apartment-style residence was originally imported, which is more economical and practical than single-family villa. Apartments in early big cities were high-rise buildings, and each floor had several single-family suites, including bedroom, living room, living room, bathroom, kitchen and so on. At that time, it was mainly used by middle-income senior staff and government civil servants. Some of them are rented by Chinese and foreign businessmen and their families in hotels for a short time. To understand the meaning of apartment, we must first understand another concept of the real estate industry, called multi-family residence. This concept means having more than one unit, or a building has multiple units. Multi-family buildings can be divided into two categories. The first category is buildings with two to four living units, which is what we often call two to four households. Two families are called doublets, three families are called triplets, and four families are called tetrads. The second category is buildings with five or more residential units, which is what we usually call apartment buildings.

Apartment can be subdivided into townhouses, condominiums, shareholder houses (cooperative apartments) and apartments. Row houses and apartments are characterized by owning part of the property rights and use rights of houses and land, but they must be bound by the management department and pay a certain management fee; The characteristic of shareholder's house is that individuals don't own any property rights, but only own part of the equity and the right to use. Property rights belong to the company, and only shares are sold, not property rights. The characteristic of apartments is that the owners are mostly investors or investment units, and their main purpose is to collect rent.

In addition, according to the structure and types of apartments, we can also divide them into small apartment groups, garden apartment groups and high-rise buildings.