Guidelines for Land Use Policies Regarding Condotels to be Issued in Q3 2019

Guidelines for Land Use Policies Regarding Condotels to be Issued in Q3 2019
Anh Tu

This is the notable content mentioned in Directive 11/CT-TTg on several solutions to promote the real estate market to develop steadily and healthily.

In this document, it is specified that the Ministry of Natural Resources and Environment is responsible for issuing guidelines on land use policies for types such as condotels, resort villas, etc., and completing them in the third quarter of 2019.

At the same time, it is required to research and supplement the issuance of certificates of land use rights, ownership of other assets attached to land for these types of real estate in the revised draft Law on amending and supplementing some articles of the Land Law.

Also related to this issue, the Ministry of Construction is responsible for issuing amendments and supplements to construction standards and regulations for types such as condotels, resort villas, officetels, etc., and to complete them in the second quarter of 2019.

See other contents in Directive 11/CT-TTg issued on April 13, 2019.

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