What are regulations on purchase, lease, lease-purchase prices for relocation housing in Vietnam?

What are regulations on purchase, lease, lease-purchase prices for relocation housing in Vietnam?

I want to ask about regulations on purchase, lease, lease-purchase prices for relocation housing in Vietnam. Thank you!

Answer:

Pursuant to Article 32 of the Decree 99/2015/NĐ-CP stipulating purchase, lease, lease-purchase prices for relocation housing in Vietnam as follows:

1. Relocated households and individuals that wish to purchase housing of a relocation project or commercial housing as relocation housing, their prices shall be specified in the compensation, support, and relocation plan approved by a competent authority.

2. Relocated households and individuals that wish to lease, lease-purchase housing for relocation invested by the State or purchased by the State for lease or lease-purchase, their prices shall be determined in accordance with instructions of the Ministry of Construction.

3. Relocated households and individuals that wish to use social housing as relocation housing, their prices shall be determined in accordance with Article 60 and Article 61 of the Law on Housing and regulations of law on management and use of social housing.

What are regulations on the management and use of relocation housing in Vietnam?

I am currently working in the construction industry. I am learning about regulations on relocation housing to serve my work needs. What are regulations on the management and use of relocation housing in Vietnam? Thank you!

Answer:

Pursuant to Clause 1 Article 32 of the Decree 99/2015/NĐ-CP stipulating the management and use of relocation housing in Vietnam as follows:

The management and use of relocation housing is provided for below:

a) Owners of relocation housing have the responsibility to manage, operate, and maintain their houses in accordance with the Law on Housing, this Decree, and relevant regulations of law;

b) Apartment buildings must comply with regulations on management and use of apartment buildings. Their owners must pay fees for maintenance of shared areas of apartment buildings in accordance with the Law on Housing and this Decree, fees for apartment building operation, and service charges as agreed with service providers;

c) State-owned houses must comply with regulations in Chapter V of this Decree; social housing must comply with regulations on management and use of social housing;

d) Housing in rural areas must ensure hygiene, environmental safety, fire safety, comply with regulations on civilized lifestyles, maintenance of infrastructural works in residential areas.

What are procedures for leasing, lease-purchasing, purchasing relocation housing in Vietnam?

Hello Lawnet. I am currently researching about relocation housing to serve my work needs. My question is: What are procedures for leasing, lease-purchasing, purchasing relocation housing in Vietnam? Thank you!

Answer:

Pursuant to Article 31 of the Decree 99/2015/NĐ-CP stipulating procedures for leasing, lease-purchasing, purchasing relocation housing in Vietnam as follows:

1. In case of purchase of commercial housing set out in Point a Clause 1 Article 41 of the Law on Housing:

a) The unit appointed by the State to provide relocation housing shall conclude a house purchase contract with the investor in the commercial housing construction project. The conclusion of the house purchase contract shall comply with regulations on commercial housing trading;

b) Within 10 days from the day on which the house purchase contract with the investor is concluded, the unit appointed by the State to provide relocation housing must send a notification to each relocated household and individual as set out in Article 30 of this Decree, and directly conclude house purchase contracts with them;

c) As set out in the house purchase contract with the investor in the commercial housing construction project, the unit appointed by the State to provide relocation housing shall receive the houses from the investor and transfer them to the aforementioned households and individuals, or authorize the investor to do so. The transfer of housing must comply with agreements in the contract when the conditions for transferring houses set out in Clause 4 Article 16 of this Decree, regulations of law on real estate trading are satisfied, and made into a record enclosed with legal documents related to the houses transferred.

2. In case of purchase of commercial housing set out in Point b Clause 1 Article 41 of the Law on Housing:

a) The unit appointed by the State to provide relocation housing shall conclude an order contract with the investor in an commercial housing construction project;

b) Within 10 days from the day on which the house purchase contract is concluded, the unit appointed by the State to provide relocation housing must send a notification to each relocated household and individual set out in Article 30 of this Decree, and directly a conclude house purchase contract with the investor in the commercial housing construction project. The house purchase contract shall be concluded in accordance with instructions of the Ministry of Construction;

c) Pursuant to the concluded house purchase contract, the investor in the commercial housing construction project shall transfer houses to households and individuals who purchase them. The transfer of houses must be transferred in accordance with agreements in the contract when the conditions for transferring houses set out in Clause 4 Article 16 of this Decree, regulations of law on real estate trading are satisfied, and made into a record enclosed with legal documents related to the houses transferred.

3. In case social housing is used as relocation housing, pursuant to the notification of the People’s Committees of districts mentioned in Clause 3 Article 28 of this Decree, relocated households and individuals shall directly sign lease, lease-purchase, and purchase contracts with the investor in the social housing construction project. The transfer of houses must comply with agreements in the contracts, provisions of Clause 4 Article 16 of this Decree, and made into a record certified by the unit appointed by the State to provide relocation housing which is enclosed with legal documents related to the houses purchased or leased under a lease-purchase agreement.

4. In case of purchase, lease, lease-purchase of relocation housing invested by the State, households and individuals on the relocation list shall, according to the compensation, support, and relocation plan approved by a competent authority, sign purchase, lease, lease-purchase contracts with the investor in the housing construction project. The transfer of such houses must comply with agreements in the contracts when the conditions for transferring houses set out in Clause 4 Article 16 of this Decree are satisfied and made into a record, which is enclosed with legal documents related to the houses purchased or leased under a lease-purchase agreement.

5. In case of provision of relocation housing set out in Clause 3 and Clause 4 Article 35 of the Law on Housing, according to the approved compensation, support, and relocation plan, relocated households and individuals shall sigh house purchase contract with the project investor. The conclusion of house purchase contracts must comply with regulations on commercial housing trading. The transfer of houses must comply with agreements in the contract when the conditions for transferring houses set out in Clause 4 Article 16 of this Decree, regulations of law on real estate trading are satisfied, and made into a record enclosed with legal documents related to the houses purchased.

6. Investors in housing construction projects mentioned in Clause 1 through 5 of this Article must follow procedures for obtaining Certificates for households and individuals who purchased houses or leased houses under a lease-purchase agreement for relocation, unless they voluntarily follow the implementation themselves. Procedures for obtaining Certificates are specified in regulations of law on land.

7. The Ministry of Construction shall provide the forms of purchase, lease, and lease-purchase contracts mentioned in Point b Clause 1 and Clause 2 through 4 of this Article.

Best regards!