Housing Law 2023: Mini apartments in Vietnam will be eligible to be issued an apartment ownership certificate as trực tiếp bóng đá k+ January 1, 2025

Regarding this matter, LawNet would like to answer as follows:

1. Mini apartments in Vietnam will be eligible to be issued an apartment ownership certificate, sold, and leased

On November 27, 2023, the National Assembly passed thebóng đá hôm nay trực. Article 57 trực tiếp bóng đá k+ thebóng đá hôm nay trựcregulates the private multi-storey, multi-unit apartment building development for sale, lease purchase, and lease as follows:

- Holders trực tiếp bóng đá k+ land use rights in accordance with Clause 3 Article 54 trực tiếp bóng đá k+ thebóng đá hôm nay trựcshall, when building houses in the cases below, satisfy eligibility trực tiếp bóng đá k+ developers trực tiếp bóng đá k+ housing investment and construction projects, comply with construction law and other relevant law provisions in respect trực tiếp bóng đá k+ housing investment and construction laws in investment and construction:

+ Houses trực tiếp bóng đá k+ at least 2 storeys where each storey accommodates dwelling units designed, built for sale, lease purchase, or a combination trực tiếp bóng đá k+ sale, lease purchase, lease;

+ Houses trực tiếp bóng đá k+ at least 2 storeys and at least 20 dwelling units for lease.

- Dwelling units mentioned under Clause 1 trực tiếp bóng đá k+ Article 57 trực tiếp bóng đá k+ thebóng đá hôm nay trựcshall be issued with certificates according to land laws, sold, lease-purchased, or leased in accordance with the Housing Law 2023 and real estate trading laws.

Thus, thebóng đá hôm nay trựcstipulates that multi-storey, multi-unit apartment building trực tiếp bóng đá k+ individuals that meet the conditions in Clause 1, Article 57 trực tiếp bóng đá k+ thebóng đá hôm nay trựcshall be issued with certificates according to land laws, sold, lease-purchased, or leased according to the law. This is a legal basis to recognize right to ownership trực tiếp bóng đá k+ each mini apartment.

2. Conditions for  sale, lease purchase, and lease trực tiếp bóng đá k+ mini apartments in Vietnam

According to Article 57 trực tiếp bóng đá k+ thebóng đá hôm nay trực, it is stipulated that multi-storey multi-apartment houses trực tiếp bóng đá k+ individuals for sale, lease-purchase, or lease must meet the following conditions:

- Holders trực tiếp bóng đá k+ residential land use rights, when houses trực tiếp bóng đá k+ at least 2 storeys where each storey accommodates dwelling units designed, built for sale, lease purchase, or a combination trực tiếp bóng đá k+ sale, lease purchase, lease, or houses trực tiếp bóng đá k+ at least 2 storeys and at least 20 dwelling units for lease, must meet the following conditions:

+ Satisfy eligibility trực tiếp bóng đá k+ developers trực tiếp bóng đá k+ housing investment and construction projects;

+ Comply with construction law and other relevant law provisions in respect trực tiếp bóng đá k+ housing investment and construction laws in investment and construction.

- Holders trực tiếp bóng đá k+ residential land use rights shall, when building houses trực tiếp bóng đá k+ at least 2 storeys and less than 20 dwelling units where each storey accommodates dwelling units designed and built for lease, conform to regulations below:

+ Satisfy construction requirements trực tiếp bóng đá k+ private multi-storey multi-unit houses according to regulations trực tiếp bóng đá k+ the Minister trực tiếp bóng đá k+ Construction;

+ Satisfy fire prevention and firefighting in accordance with regulations on fire safety applicable to private multi-storey multi-units houses;

+ Satisfy requirements regarding roads for firefighting facilities set forth by provincial People’s Committees in respect trực tiếp bóng đá k+ private multi-storey and multi-unit houses.

If private multi-storey and multi-unit houses under Clause 3 trực tiếp bóng đá k+ Article 57 trực tiếp bóng đá k+ thebóng đá hôm nay trựcaccommodate dwelling units for sale and/or lease purchase, requirements under Clause 1 trực tiếp bóng đá k+ Article 57 trực tiếp bóng đá k+ thebóng đá hôm nay trựcshall be met.

3. Responsibilities trực tiếp bóng đá k+ individuals in housing development in Vietnam

Article 56 trực tiếp bóng đá k+ thebóng đá hôm nay trựcstipulates the responsibilities trực tiếp bóng đá k+ individuals in housing development as follows:

- Comply with construction laws in housing construction and renovation.

- Comply with environmental protection laws in housing construction and renovation.

- Ensure safety for humans and property trực tiếp bóng đá k+ owners, occupants trực tiếp bóng đá k+ adjacent structures during housing construction and renovation; damage shall be compensated for as per the law.

- Individuals investing in construction trực tiếp bóng đá k+ multi-storey, multi-unit apartment buildings for sale, lease purchase, leaser shall conform to Article 57 thebóng đá hôm nay trực.

- Exercise other responsibilities in housing development as per the law.

Thebóng đá hôm nay trựcwill officially takes effect on January 1, 2025.

Key word: Housing Law 2023 | housing development | in Vietnam | Vietnam | mini apartments |

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