In practice, to ensure that the property being sold is independently owned by the seller, the buyer often requires the seller to confirm their single status. So, is the certificate of single status a mandatory document in the procedures for buying and selling real estate?
Parents have the right to transfer or gift land use rights to their children; however, in certain cases, the law does not permit it. So, what are those cases?
Selling a house at a loss, are you exempt from personal income tax? This is a question that Law Secretary has recently received quite a lot from our customers and members. The editorial board of Law Secretary would like to clarify this issue as follows:
The land user has the right to mortgage their Certificate of Land Use Rights (commonly known as mortgaging the Red Book) as a security measure. So, during the mortgage period, does the land user have the right to change the land use purpose?
Submitting land levy is one of the basic obligations of land users. In case a land user wants to transfer the red book title but has not yet fulfilled or has not fully fulfilled the obligation to submit the land levy, is it permissible or not?
This is a notable content stipulated in the Law on Amendments to the Law on Construction 2020, which was officially signed into law by the National Assembly on June 17, 2020, and will take effect from January 1, 2021.
Assigning or gifting land use rights are activities that must meet legal requirements. If citizens arbitrarily transfer the Red Book’s title without fulfilling these conditions, they may face heavy penalties.
Currently, the system of legislative documents in Vietnam is constantly changing over time. Therefore, to facilitate the search for documents and the application of legal regulations on land, There are guiding documents for the 2013 Land Law (still in effect) in the table below.
This continues to be one of the notable contents in the Draft Decree on the extension of the tax and land rent payment deadlines, which is currently under public consultation and is expected to take effect from the date of signing in Vietnam.
Dear Legal Secretary,I have the following issue related to the authorization of tasks and transactions concerning real estate and would like to seek advice from the Legal Secretary.Sincerely,
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
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