Contract for What? Effective When? Answers Here

| **Type of Contract** | **Effective Time** | **Legal Basis** || --- | --- | --- || Mortgage Contract | Effective from the time of conclusion, unless otherwise agreed by the parties or provided by law | [Clause 1 Article 319 Civil Code 2015](https://lawnet.vn/vb/bo-luat-dan-su-2015-48517.html) || Contracts related to the transfer of land use rights | Effective from the time of registration in the land register | 
Article 503 Civil Code 2015
Clause 3 Article 188 Land Law 2013
 || Pledge Contract | Effective from the time the pledged asset is handed over to the pledgee | [Point b Clause 1 Article 10  Decree 163/2006/ND-CP](https://lawnet.vn/vb/nghi-dinh-163-2006-nd-cp-giao-dich-bao-dam-3f70.html) || Contract for mortgaging land use rights, forest use rights, ownership rights of production forests, ships, aircraft | Effective from the time of mortgage registration | Point c Clause 1 Article 10  Decree 163/2006/ND-CP || Contract for sale, donation, exchange, capital contribution, mortgage of houses, transfer of commercial housing purchase agreements | Effective from the time of notarization or authentication of the contract | [Clause 1 Article 122  Housing Law 2014](https://lawnet.vn/vb/luat-nha-o-2014-3f689.html) || Contract for donation of charity houses, gratitude houses; sale, hire-purchase of state-owned houses; sale, hire-purchase of social housing, housing for resettlement; capital contribution by houses involving an organization; lease, loan, temporary residence, authorization for housing management | Effective time is as agreed by the parties; if there is no agreement, the effective time is the time of contract signing | Clause 2 Article 122  Housing Law 2014 || Contract for transferring industrial property rights | Effective from the time of registration with the state management agency on industrial property rights | [Clause 1 Article 148  Intellectual Property Law 2005](https://lawnet.vn/vb/luat-so-huu-tri-tue-2005-50-2005-qh11-1b6e.html) || Contract for using industrial property objects | Effective time is as agreed by the parties | Clause 2 Article 148  Intellectual Property Law 2005 || Contract for donation of movable property | Effective from the time the donee receives the property, unless otherwise agreed.

For movable property with registered ownership, the contract of donation is effective from the time of registration. | Article 458 Civil Code 2015 || Contract for donation of immovable property | Effective from the time of registration of ownership; if the immovable property does not require ownership registration, the effective time is at the transfer of the property. | Clause 2 Article 459  Civil Code 2015 || Some common types of contracts:
Contract for sale of property
Contract for exchange of property
Contract for loan of property
Contract for lease and sublease of property
Contract for borrowing property
Cooperation contract
Service contract
Passenger transport contract
Freight transport contract
Processing contract
Agency contract
Contract for safekeeping of property
 | Effective from the time of conclusion, unless otherwise agreed or provided by law.

The time of conclusion of the contract is determined as follows:
The contract is concluded at the time the offeror receives notification of acceptance from the offeree.
If the parties agree that silence is an acceptance of entering into the contract within a certain period, the time of conclusion is the end of that period.
The time of conclusion of a verbal contract is the time the parties agree on the contract's contents.
The time of conclusion of a written contract is the time the last party signs the document or other forms of acceptance are shown on the document.
If the contract is concluded verbally and then confirmed in writing, the time of conclusion is when the parties agree on the contract's contents.)
 | 
Clause 1 Article 401 Civil Code 2015
Article 400 Civil Code 2015
 |

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