Now many people buy a home or confuse the pink book and red book. In this article, Realestatevietnam will help you differentiate between these two types.
In fact, pink book and red book are just familiar names that people set themselves based on the color of each paper, the purpose is to help them easily distinguish between types of certificates. The difference between the red book and the red book can be considered as follows:
For red book
Red book is a form issued by the Ministry of Natural Resources and Environment, the cover is red, with the contents of the land use right (possibly residential land, agricultural land, gardens, ponds, forest land …). This form is called “Certificate of land use right”.
Under the provisions of Clause 20, Article 4 of the 2003 Land Law, “the land use right certificate is a certificate granted by a competent state agency to a land user to protect the legitimate rights and interests of a person using land”.
For pink book
At the same time, the pink book is a form issued by the Ministry of Construction, the cover is pink with the content of ownership and residential land ownership, so the form called “certificate of ownership accommodation and land use rights “.
According to Article 11 of the 2005 Housing Law, certificates of ownership of dwelling houses are issued to owners according to the following regulations:
a / Where the house owner is concurrently the owner of the residential land or the owner of the apartment in the apartment building, a certificate of ownership of the residential house and the right to use the residential land shall be issued.
(b) Where the owner of the house is not concurrently the owner of residential land, the house ownership certificate shall be issued. The certificate of ownership of dwelling houses and the right to use residential land, the certificate of ownership of housing specified in this clause is referred collectively to as the certificate of ownership of housing.
Note about current Red Book and Pink Book
To unify a type of certificate, on October 19, 2009, the Government issued Decree No. 88/2009 / ND-CP and on October 21, 2009, the Ministry of Natural Resources and Environment issued Circular No. 17 / 2009 / TT-BTNMT on the granting of land use right certificates, ownership of houses and other assets attached to land. Accordingly, the above two types of certificates shall be issued by the Ministry of Natural Resources and Environment according to a uniform form and applied nationwide for all types of land, houses and other assets affixed to land. …
Inheriting the above regulation, Article 97 of the Land Law 2013 also provides:
- Certificates of land use rights, ownership of dwelling houses and other assets attached to land shall be issued to persons having land use rights, ownership of houses and ownership of other assets attached to land under a single sample in the country. The Minister of Natural Resources and Environment shall specify the certificate of land use right, house ownership and other assets attached to land.
- Land use right certificates, house ownership and residential land use right certificates, dwelling house ownership certificates and construction work ownership certificates granted under regulations. the land law, housing law and construction law before December 10, 2009 are still valid and do not have to change to certificates of land use rights, house ownership and Other assets attached to land. Where a person who has been granted a certificate before December 10, 2009, can change it to a certificate of land use right, ownership of houses and other assets attached to land in accordance with the provisions of This law. “
Accordingly, according to the regulations cited above, red book or pink book is a certificate of land use rights, or ownership of housing issued by competent state agencies. In practice, there are still 3 types of documents in circulation: land use right certificate, house ownership certificate and land use right certificate, ownership of houses and other assets attached to land. All three have the same legal value.
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