Will I be compensated for land purchased with a handwritten document when it is recovered?

Thạch Lam (T/H) |

To answer the question of whether land purchased with a handwritten paper will be compensated when it is recovered, readers can refer to the article below.

Pursuant to Article 95 of the 2024 Land Law, the conditions for compensation when the State reclaims land for national defense and security purposes; socio-economic development for national and public interests are as follows:

The cases specified in Clause 1 of this Article shall be compensated for land when one of the following conditions is met:

- Have a Certificate of land use rights or a Certificate of house ownership and land use rights or a Certificate of land use rights, house ownership and other assets attached to land or a Certificate of land use rights, ownership of assets attached to land;

- There is a decision on land allocation or land lease or decision on permission to change land use purpose from a competent state agency;

- Have one of the documents on land use rights as a basis for granting a Certificate of land use rights and ownership of assets attached to land according to the provisions of Article 137 of this Law;

- Receive transfer of land use rights according to the provisions of law from a person with legal land use rights but has not completed land registration procedures;

- Use land according to the agreement in the mortgage contract to settle debt; document recognizing the results of the auction of land use rights in which the auction winner has fulfilled financial obligations according to the provisions of law.

According to the above regulations, in order for households and individuals to be compensated for land when the State reclaims land for national defense and security purposes; socio-economic development for national and public interests, the following conditions must be met:

- Have Certificate.

- There is a land allocation decision/land lease decision/decision allowing change of land use purpose from a competent authority.

- Have one of the documents on land use rights as a basis for granting a Certificate according to the provisions of Article 137 of this Law.

- Receive transfer of land use rights according to regulations from a person with legal land use rights but has not completed land registration procedures.

- Use land according to the agreement in the mortgage contract to settle debt; document recognizing the results of the auction of land use rights in which the auction winner has fulfilled financial obligations according to the provisions of law.

Thus, in case of buying land with handwritten documents that fall into one of the two above cases, the Certificate of land use rights, house ownership rights and other assets attached to the land will still be granted according to regulations.

At that time, people who buy land with handwritten documents can still be considered for land compensation when the State reclaims land for the purpose of national defense, security, and socio-economic development.

Thạch Lam (T/H)
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The Hanoi apartment market is almost devoid of apartments under VND25 million/m2. This makes the dream of settling down for many workers become a distant dream.

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Thạch Lam |

Apartment prices in Hanoi are constantly increasing and beyond the affordability of the majority of people.