New regulations on land prices
The Government has issued Decree No. 71/2024/ND-CP regulating land prices, effective from the effective date of Land Law No. 31/2024/QH15, August 1, 2024.
Decree 71/2024/ND-CP specifies the order and content of determining land prices according to 4 methods including comparison, income, surplus, and land price adjustment coefficient.
The Decree also specifically stipulates the application of land valuation methods in the cases specified in Point c, Clause 2, Article 257 of the Land Law.
New regulations on compensation, support, and resettlement when the State recovers land
The Government issued Decree No. 88/2024/ND-CP dated July 13, 2024 regulating compensation, support, and resettlement when the State recovers land; effective from August 1, 2024.
Decree No. 88/2024/ND-CP details and guides the implementation of Clause 3, Article 87, Article 92, Article 94, Article 95, Article 96, Article 98, Article 99, Article 100, Article 102, Article 106, Article 107, Article 108, Article 109 and Article 111 of the Land Law on compensation, support and resettlement when the State recovers land.
Decree No. 88/2024/ND-CP stipulates compensation in the form of land with a use purpose other than the type of land recovered or in housing when the State recovers land as prescribed in Clause 1, Article 96, Clause 1, Article 98. , Clause 1, Article 99 of the Land Law.
Cases of emergency relocation of apartment buildings
The Government issued Decree No. 98/2024/ND-CP dated July 25, 2024 detailing a number of articles of the Housing Law on renovating and rebuilding apartment buildings. In particular, the Decree clearly stipulates cases of apartment relocation.
The Decree stipulates cases of emergency relocation of apartment buildings including: Apartment buildings damaged by fire or explosion that no longer meet safety conditions for continued use; Apartment buildings damaged by natural disasters or enemy sabotage no longer meet the conditions to ensure safety for continued use.
Decree 98/2024/ND-CP takes effect from August 1, 2024.
