Vietnam: Summary of all forms of contracts used in real estate trading

On September 10, 2015, the Government of Vietnam issued Decree No. 76/2015/ND-CP on guidelines for the Law on real estate trading.

DOWNLOAD Summary of all forms of contracts used in real estate trading

Issued together with Decree No. 76/2015/ND-CP of Vietnam’s Government are 05 types of forms of contracts used in real estate trading and the written transfer, application forms, etc., specifically including:

No.

Description

Form No. 01

Contract for sale of existing buildings (off-the-plan buildings)

Form No. 02

Contract for lease of existing buildings (off-the-plan buildings)

Form No. 03

Contract for lease purchase of existing buildings (off-the-plan buildings)

Form No. 04a

Contract for transfer of land use rights

Form No. 04b

Contract for lease (sublease) of land use rights

Form No. 05

Contract for transfer of the whole project (a part of the project)

Form No. 06

Written transfer of the contract for lease purchase of existing buildings

Form No. 07

Written transfer of contracts for lease purchase of off-the-plan buildings

Form No. 08a

Application form for transfer of the whole project

Form No. 08b

Application form for transfer of a part of the project

Form No. 09a

Report on the progress of project execution

Form No. 09b

Report on the progress of execution of the project or a part of project being transferred

Form No. 10a

Application form for receiving transfer of the whole project

Form No. 10b

Application form for receiving transfer of a part of project

Form No. 11

Decision on permission for transfer of project (or a part of project)

Forms of contracts for real estate trading issued with Decree No. 76/2015/ND-CP are used for reference during the process of negotiating and concluding contracts. Contracting parties may agree to modify Articles and Clauses in the contract templates provided that their own contract contains all primary contents prescribed in Article 18, Article 47 and Article 53 of the Law on real estate trading. Specific contents in the contract shall be agreed by contracting parties in accordance with regulations of law.

View full text at Decree No. 76/2015/ND-CP of Vietnam’s Government, effective from November 01, 2015.

Thu Ba

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