Enjoy additional compensation and resettlement benefits when land is recovered
There will be 5 new points beneficial to people whose land is recovered when the 2024 Land Law takes effect, including:
- Increased land compensation price when the State recovers land:
The Land Law 2024 has removed regulations on land price frames and land will be priced according to market principles. Accordingly, when removing the land price bracket, each locality will decide for itself the land price list and adjust the price list once a year to match the market land price (instead of every 5 years and based on the minimum land price). minimum - maximum issued by the Government as currently).
The newly regulated land price list needs to be close to the market land price and the compensation price is calculated based on the specific land price. This will lead to an increase in land compensation prices compared to today. Currently, the Land Law 2024 stipulates that provinces and centrally run cities will announce the new Land Price List from January 1, 2026.
However, if the Land Law takes effect from August 1, 2024, it is likely that the Land Price List of provinces and cities will be updated by the People's Committee sooner than expected. Accordingly, people will be able to narrow the time period for receiving higher compensation when the State recovers land.
- Agricultural land recovery can soon be compensated with residential land and houses:
According to the provisions of Clause 6, Article 111 of the Land Law 2024, people whose agricultural land is recovered but are eligible for compensation but need compensation in the form of residential land/houses and the locality has conditions for residential land funds. , housing will be compensated with land/house for resettlement.
Thus, if the Land Law takes effect sooner than expected, from August 1, 2024, households and individuals whose agricultural land is recovered can be compensated with residential land/houses if there is need and land fund. Locally allowed.
- Once resettlement is arranged, a decision on land recovery can be issued:
This is a completely new regulation in Clause 5, Article 91 of the Land Law 2024, implemented in the spirit of Resolution No. 18-NQ/TW.
Accordingly, instead of just completing the construction of houses or resettlement area infrastructure as currently, from August 1, 2024 (when the Land Law is officially implemented), approval of the plan as well as implementation will be required. Resettlement arrangements will have to be completed before land acquisition can take place.
- Multi-generational households whose land is recovered will be allocated additional land
According to Clause 4, Article 111 of the Land Law 2024, if a household has multiple generations/couples living on the same confiscated plot of land and is eligible to split into separate households or has many joint households. The right to use a plot of land is recovered but the compensated land area is not enough to allocate to each household separately:
Support for residential land allocation with collection of land use fees/sale, lease or lease purchase of housing will be considered for households in need.
- More support for people whose land is recovered:
If the Land Law takes effect sooner than expected, from August 1, 2024, in addition to the supports specified in the Land Law, people will also enjoy a number of additional expenses such as:
+ Costs to support the relocation of pets.
+ Support costs for dismantling and relocating assets attached to land...
Undocumented land users will be given additional conditions to be granted red books
According to the Land Law 2024, 3 time points will be considered for issuance of red and pink books including: From before December 18, 1980, from December 18, 1980 - before October 15, 1993 and from October 15, 1993 - before July 1, 2014.
Accordingly, the timeline for land use without documents to be granted a Red Book is extended by 10 years: from July 1, 2004 to July 1, 2014 according to the new Law. Maybe if the 2024 Land Law takes effect soon, from August 1, 2024, land without documents used before July 1, 2014 will also have an increased chance of being granted a Certificate.
