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xem bóng đá trực tiếp vtv2Is a Land Use Right Certificate Considered an Asset?

Hello Advisory Board, I have a question regarding this matter and would like the Advisory Board to help clarify it for me. As far as I know, assets include objects, money, valuable papers, and property rights. So, I would like to ask if a land-use right certificate is considered an asset. Specifically: is a land-use right certificate considered a valuable paper? Because the certificate records a person's ownership rights to a piece xem bóng đá trực tiếp vtv2 land. I am quite curious and hope the Advisory Board can provide clarification. Sincerely thank you!Ngoc Minh - Minh Yen

According to Clause 8, Article 6 xem bóng đá trực tiếp vtv2 the Law on the State Bank xem bóng đá trực tiếp vtv2 Vietnam 2010, valuable papers are evidence confirming the debt repayment obligation between the issuing organization xem bóng đá trực tiếp vtv2 valuable papers and the holder xem bóng đá trực tiếp vtv2 such valuable papers within a specific period, along with interest payment conditions and other conditions.

According to Official Dispatch 141/TANDTC-KHXX xem bóng đá trực tiếp vtv2 2011 from the Supreme People's Court, valuable papers include:

- Demand drafts, promissory notes, checks, and other negotiable instruments as stipulated in Article 1 xem bóng đá trực tiếp vtv2 the Law on Negotiable Instruments 2005;

- Government xem bóng đá trực tiếp vtv2 Vietnam bonds, corporate bonds, promissory notes, stocks stipulated in point c, clause 1, Article 4 xem bóng đá trực tiếp vtv2 the Ordinance on Foreign Exchange 2005;

- Treasury bills, drafts, bonds, public debts, and other instruments causing debt repayment obligations as stipulated in point 16, Article 3 xem bóng đá trực tiếp vtv2 the Law on Public Debt Management 2009;

- Various types xem bóng đá trực tiếp vtv2 securities (stocks, bonds, fund certificates; share purchase rights, warrants, call options, put options, futures contracts, stock groups, or stock indices; Investment capital contribution contracts; and other types xem bóng đá trực tiếp vtv2 securities as prescribed by the Ministry xem bóng đá trực tiếp vtv2 Finance) stipulated in clause 1, Article 6 xem bóng đá trực tiếp vtv2 the Law on Securities 2006 (as amended and supplemented in 2010);

- Corporate bonds as stipulated in Article 2 xem bóng đá trực tiếp vtv2 Decree 52/2006/ND-CP dated May 19, 2006, xem bóng đá trực tiếp vtv2 the Government xem bóng đá trực tiếp vtv2 Vietnam on “Issuance xem bóng đá trực tiếp vtv2 Corporate Bonds”…

This Official Dispatch also specifies that certificates xem bóng đá trực tiếp vtv2 ownership rights to assets (Land Use Rights Certificate; House Ownership Certificate, Motorcycle, Motorbike Registration Certificate; Car Registration Certificate…) are not considered "valuable papers."

== Therefore, the land use right certificate is not a valuable paper and should not be considered an asset.

We hope our consultation will help resolve your concerns.

Wishing you health and success!

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