If lessee causes damage to the house, will the lease contract be terminated in Vietnam?

1. If lessee causes damage to the house, will the lease contract be terminated in Vietnam?

Pursuant to Clause 1, Article 30 of the Law on Real Estate Business 2014, the lessor may unilaterally terminate performance of building lease agreement if the lessee commits the following acts:

a) Fail to pay the rent after 3 months from the deadline as specialized in the agreement without approval of the lessor;

b) Use the building for the improper purpose;

c) Intentionally cause serious damage to the leased building;

d) Repair, renovate, upgrade, exchange or sublet the building without any agreement or the lessor’s agreement in writing.

Thus, if you intentionally cause serious damage to the leased building, the lessor has the right to unilaterally terminate the lease agreement in Vietnam.

2. What are rights of the lessor in Vietnam?

Pursuant to Article 26 of the Law on Real Estate Business 2014, rights of the lessor of the house or construction work are as follows:

1. Request the lessee to receive the building by the deadline specified in the agreement.

2. Request the lessee to pay off the total amount by the deadline and the method under the agreement.

3. Request the lessee to preserve and use the building under the agreement.

4. Request the lessee to pay compensation for damage or repair damage caused by the buyer’s fault.

5. Renovate or upgrade leased building with the consent of the lessee, but without interfering with the use of the building by the lessee.

6. Unilaterally terminate the agreement as prescribed in Clause 1 Article 30 of this Law.

7. Request the lessee to return the building upon expiry of the lease term; if the agreement does not specify the lease duration, the building has been returned if the lessee is informed 6 months in advance.

8. Exercise other rights specified in the agreement.

Best Regards!