Recently, the real estate market seems to be heating up with the bustling transactions of future-formed housing projects, apartments, and condominiums. This type of transaction has been recognized for many years and is regulated by the provisions of the Law on Real Estate Business 2014. However, in reality, the legal mechanism to ensure the safety of this type of business still has many inadequacies, and thus, it is not devoid of potential risks.
A draft Decree on penalties for land-related administrative violations is in the process of seeking public comments on the Government of Vietnam's web portal by the Vietnam Ministry of Natural Resources and Environment.
In the draft Law amending and supplementing laws with provisions related to planning, which is currently being consulted by the Ministry of Planning and Investment for public feedback, there are proposals to amend and supplement certain articles of the Land Law.
Adjacent narrow real estate tested includes land parcels or land zones with an area smaller than the minimum subdivision area as stipulated by the People's Committee of Ho Chi Minh City or with an area larger than the subdivision area but with a shape unsuitable for constructing independent houses or structures.
On July 5, 2018, the Minister of Finance promulgated Circular No. 57/2018/TT-BTC providing guidance on the implementation of certain provisions of Decree No. 29/2018/ND-CP dated March 5, 2018 of the Government of Vietnam regulating the order and procedures for the establishment of general public ownership and the handling of general public ownership.
The Prime Minister of the Government of Vietnam has just issued a Draft Decision on the mechanism for interest rate compensation discrepancies due to the implementation of credit policies under Decree 100/2015/ND-CP on the development and management of social housing. The decision specifically stipulates the subjects as well as the conditions for the state to provide interest rate compensation discrepancies...
According to current legal regulations, after transferring ownership of a house or land, the parties must register to transfer the ownership record on the Red Book. So what types of documents are required when transferring the ownership record on the Red Book?
During the management and usage of the Land Use Rights Certificate, various objective factors may lead to the Land Use Rights Certificate becoming stained, blurred, torn, or damaged. In such cases, citizens will be issued a replacement Land Use Rights Certificate to obtain a new Land Use Rights Certificate.
In fact, the activity of renting a house for education or work purposes in other places is very common, especially in the Ho Chi Minh City area. The responsibility to pay the rent is one of the basic responsibilities of the tenant. So, does the landlord have the right to evict the tenant if they are late in paying the rent?
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