– Question: – I have a house that has a pink book, I want to lease for a long term. Tenants want to notarize the contract for peace of mind.
However, I heard that the new law allows rent contracts not to be notarized. Does it correct? With a 3-year lease, do I need to notarize?
Answer: – According to Article 492 of the 2005 Civil Code, a house lease contract must be made in writing, if the lease is 6 months or more, it must be notarized or authenticated and must be registered, unless it is lawful to other regulations. Meanwhile, Article 122 of the Housing Act 2014 does not provide for a notarized or authenticated house lease contract. Article 472 of the Civil Code 2015 (effective from 1 January 2017) states: “A property lease is an agreement between the parties whereby the lessor transfers the property to the lessee for use for a period, the lessee must pay the rent. Housing contracts and house renting contracts for other purposes shall comply with the provisions of this Law, the Housing Law and other relevant law provisions. ” Thus, the lease contract is not required to be notarized.
In our opinion, although the law is not compulsory, the fact that the notarization of the lease agreement will ensure better legal value for the parties to the contract and it should be made to limit the dispute occurred. Right in the Housing Act of 2014, it is evident that the contract is not required to be notarized or certified unless the parties have a need.
>>>Update on new information on the real estate market in Vietnam, here: Vietnam real estate market
You are reading the article Does The Housing Contract Need To Be Notarized? in the Real Estate category at https://realestatevietnam.com.vn/. Any information sharing, feedback please contact through
Hotline 0909890897 (24/7) or email to firstname.lastname@example.org.