To ensure the conclusion and execution of contracts in real estate transfer, the parties involved often prepare a deposit contract. So, when does a deposit contract hold validity? Is an unnotarized deposit contract for real estate transfer in Vietnam valid?
My aunt's family, Ms. N.T.T., urgently needs money and wants to sell her house in Vietnam. Mr. B has expressed interest in purchasing the house but has offered a low price, which my aunt does not accept. Subsequently, Mr. B spread unreasonable rumors and made threats and coercions, forcing my aunt to sell the house. In this case, can the civil transaction between my aunt and Mr. B be considered null and void due to threats?
The purpose of a civil transaction is the benefit that the subject wishes to achieve when establishing that transaction in Vietnam. In some cases, the interests of the subjects are not achieved because the civil transaction is invalid. In this case, subjects need to clearly understand the statute of limitations for requesting the Court to declare a civil transaction invalid in order to appropriately resolve the issue.
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