Purchasing Land in Binh Thuan, Permanent Residence in Ho Chi Minh City: Where to Notarize the Sale and Purchase Agreement?
Purchase Land in Binh Thuan, Permanent Residence in Ho Chi Minh City: Where to Notarize the Purchase Agreement? Duration of Land Purchase Agreement Notarization?
Purchase Land in Binh Thuan, Permanent Residence in Ho Chi Minh City: Where to Notarize the Purchase Agreement?Question:Dear Sir/Madam,I have purchased a piece of land in Binh Thuan. Both the seller and I have permanent residence in Ho Chi Minh City. Where should the purchase agreement between me and the seller be notarized? Please provide advice. Thank you.Answer:According to the current laws and regulations, the notarization of purchase agreements for land transactions should be carried out at a notary office within the province or city where the land is located. Therefore, despite your permanent residence in Ho Chi Minh City, since the land is located in Binh Thuan, you are required to notarize the purchase agreement at a notary office in Binh Thuan.Purchasing Land in Binh Thuan, with Permanent Residence in Ho Chi Minh City, Where Should the Sales Contract Be Notarized?
According to Article 42 of the Notarization Law 2014, regulations on notarizing contracts and transactions related to real estate are as follows:
A notary of a notarization practice organization may only notarize contracts and transactions concerning real estate within the province or centrally-governed city where the notarization practice organization is based, except for the notarization of wills, documents declining inheritance of real estate, and documents authorizing the exercise of rights related to real estate.
Based on current regulations, in the event that you purchase land in Binh Thuan, you will need to notarize the sales contract within the province of Binh Thuan.
Time Limit for Notarizing a Land Purchase Contract
According to Article 43 of the Notarization Law 2014, the time limit for notarization is regulated as follows:
The time limit for notarization is determined from the date the notarization request dossier is accepted to the date the notarization result is returned. The time for verifying, evaluating related contract and transaction contents, and posting the acceptance of notarization request for documents on agreement distribution of inheritance, documents on declaration of inheritance, document translation is not included in the notarization time limit.
The notarization time limit shall not exceed 02 working days; for contracts and transactions with complex contents, the notarization time limit may be extended but not exceed 10 working days.
The notarization time limit for a land purchase contract is no more than 02 working days, for complex contracts the notarization time limit may be extended but no more than 10 working days.
Respectfully!
