On April 3, 2023, the Government issued Decree No. 10/2023/ND-CP on amending and supplementing several decrees guiding the Land Law implementation from May 20. — Photo chinhphu.vn Buyers of condotels, officetels and resort villas will have ownership certificates from May 20 under a new decree guiding the Land Law implementation. Owners of condotel apartments who fully satisfy the conditions under the land law, construction law and the law on real estate business shall be granted a certificate of ownership of land-attached construction facilities according to the commercial or service land area purpose. On April 3, 2023, the Government issued Decree No. 10/2023/ND-CP on amending and supplementing several decrees guiding the Land Law implementation from May 20. The land use term shall comply with provisions of Clause 3 Article 126 and Clause 1 Article 128 of the Land Law. Owners of construction facilities shall take responsibility before the law for fully satisfying conditions … [Read more...] about Condotels, officetels get ownership certificates from May 20
Ownership under land law
Condotels, officetels get ownership certificates from May 20
Condotel Movenpick Phu Quoc in Kiên Giang Province. Photo wikiland.vn Hanoi - Buyers of condotels, officetels and resort villas will have ownership certificates from May 20 under a new decree guiding the Land Law implementation. Owners of condotel apartments who fully satisfy the conditions under the land law, construction law and the law on real estate business shall be granted a certificate of ownership of land-attached construction facilities according to the commercial or service land area purpose. On April 3, 2023, the Government issued Decree No. 10/2023/ND-CP on amending and supplementing several decrees guiding the Land Law implementation from May 20. The land use term shall comply with provisions of Clause 3 Article 126 and Clause 1 Article 128 of the Land Law. Owners of construction facilities shall take responsibility before the law for fully satisfying conditions prescribed by the construction law and the law on real estate business. The ownership term of the … [Read more...] about Condotels, officetels get ownership certificates from May 20
New decree to raise investor confidence in leisure property market
The tightening of real estate loans and high-interest rates are among the roadblocks to the market. (Photo: VNA) HCM City (VNA) – A new government decree is expected to help remove difficulties for the domestic leisure property market, which is experiencing a 10-year low in demand, experts have said. Land Law has come into force from May 20, 2023. high-interest rates are among the roadblocks to the market. Meanwhile, the channel for mobilizing investment capital through corporate bonds has yet to revitalize. Decree No. 10/2023/ND-CP , buyers of condotels, officetels, and resort villas have ownership certificates from May 20. VNA … [Read more...] about New decree to raise investor confidence in leisure property market
Short-term policy support complementing 2025 targets
Under a draft report submitted to the National Assembly (NA) Standing Committee, the government has suggested that more new fiscal policies, especially on taxes and fees, be soon designed and enacted to assist enterprises and labourers, therefrom helping to ensure macroeconomic stability and social security. The report will be discussed by the NA over the next few weeks before specific solutions are crafted. Short-term policy support complementing 2025 targets, Photo Le Toan “There will be more solutions to help the public and enterprises have access to bank loans at favourable rates,” the report stated. “In addition, the government will continue to drastically and effectively implement already-promulgated solutions to support enterprises and production and business activities such as Resolution No.58/NQ-CP on policies and solutions to support enterprises to adapt, recover, and develop sustainably towards 2025.” Under Resolution 58, the government requested the … [Read more...] about Short-term policy support complementing 2025 targets