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Which Bright Spot In The Law Of Land Sales In 2016 – 2017?

Real estate trading law 2016 - 2017

The law of land sale (land law) of our country was amended and promulgated in 2013. Along with the change of the face of property business, the Government of Vietnam to tighten the constraints at the same time create the best lawsuit for landowners.

Therefore, the Government has made amendments and additions to some new decrees on house purchase laws 2016, 2017.

What are the new decree-laws on housing sales 2016, 2017? How do they work in property? Let’s find out in this article.

Property sales law 2016, 2017 revision

In 2016, 2017, the Government issued two decrees related to the Law on Land Purchase, including Resolution 19-2016 / NQ-CP and Decree 01/2017 / ND-CP.

Resolution 19-2016 / NQ-CP

The content of Resolution 19-2016 was approved by the Government as “On major tasks and solutions to improve the business environment and raise the national competitiveness in the 2016-2017 period with an orientation to 2020”.

Real estate trading law 2016 - 2017
Conference on the implementation of Resolution 19-2016 of the Office of the Government

The Resolution referred to the issue of the law on house purchase and sale in Section 8 (Ministry of Natural Resources and Environment), Chapter III (Responsibilities of ministries and localities).

Before the change of the face of property along with the introduction of property items, new land sales. This law will be a lever for the further development of new areas, bringing the property of our country growing more and more. Through that, also prove and test the quality and progress of the work of the Ministry of Natural Resources and Environment.

Decree No. 01/2017 / ND-CP

Decree 01 was amended by the Government to amend and supplement a number of decrees detailing the implementation of the Land Law with the following 6 articles:

Article 1. Scope

Article 2: Amending and supplementing a number of articles of Decree No. 43/2014 / ND-CP dated May 15, 2014, detailing the implementation of a number of articles of the Land Law

Article 3: Amendments and Supplements to Decree No. 44/2014 / ND-CP dated 15 May 2014 regulating land prices

Article 4: Amending and supplementing Decree No. 47/2014 / ND-CP dated May 15, 2014, providing for compensation, support and resettlement when the State recovers land.

Article 5: Transitional Provisions

Article 6: Implementing Provisions

Real estate trading law 2016 - 2017
The People’s Committee of Viet Tri City – Phu Tho Province is training Decree 01/2017

Highlights of the Property Sales Law 2016, 2017

According to Resolution 19-2016 / NQ-CP of the law on house purchase and sale, the Ministry of Natural Resources and Environment has the responsibility:

Completing revision of regulations on administrative procedures in registration, assignment of property rights before December 2016.

You can read more information at Vietnam Real Estate Market

To carry out an electronic connection in solving administrative procedures for the granting of land use right certificates.

Real estate trading law 2016 - 2017
Application of electronic technology in solving administrative papers on land

Propose solutions to publicize unused land, land not yet leased or subleased in industrial parks, industrial clusters, export processing zones, economic zones, land funds allocated or leased by the State.

Facilitate businesses, especially small and medium enterprises, to access land.

To formulate policies to encourage the concentration and accumulation of land for agricultural production under the model of large-scale centralization.

According to Decree No. 01/2017 / ND-CP, from 3/3/2017, the Law on house purchase and sale amended and added some new decrees and regulations shall take effect as follows:

Many financial procedures in the land field will be reduced by a half to one-third the amount of time required by previous regulations.

Real estate trading law 2016 - 2017
Time to solve administrative procedures is reduced more

The decree also allows the issuance of certificates of land use rights, ownership of houses and assets attached to land with the extension of a number of cases.

At the conference implementation guide, the Decree 01/2017 / ND-CP Department of Natural Resources and Environment confirmed that the case of buying and selling real estate has not issued the Red Book will be facilitated to solve.

The Land Registration Office is responsible for printing information on the red book and returning it to the district for signatures.

The new changes and additions in Resolutions 19-2016 and Decree 01/2017 make the issues of the law of land and housing are open and expanded while still ensuring transparency and sanctions. In addition, Resolutions and Duties also help people release worries about paperwork when buying and selling real estate as well as issues of compensation, clearance … are clearer and more transparent.

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Which Bright Spot In The Law Of Land Sales In 2016 – 2017?
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