What are the costs of making a red book?
When making a red book (Land use right certificate, house ownership certificate and asset attached to land), people must pay fees such as: registration fee, red book issuance fee, dossier appraisal fee, land use fee (if any).
How to calculate registration fees when making a red book
Registration fee is a mandatory fee when registering land use rights, calculated according to the formula:
Registration fee = Registration fee calculation price × 0.5%
In which, the registration fee calculation price is the land price or house price issued by the Provincial or City People's Committee at the time of declaration, not based on the actual purchase and sale price recorded in the contract.
For land, the registration fee calculation price is determined according to the local land price list. For housing, the registration fee calculation price is determined based on the area, house allocation, percentage (%) of remaining quality and the price list prescribed by the Provincial People's Committee.
Fee for issuing a red book
The red book issuance fee is regulated by the Provincial People's Council. The collection level varies between localities, about less than 100,000 VND for households and individuals.
The red book issuance fee is an administrative fee, regardless of the area or value of the land plot, and is collected once when people are issued a certificate.
Fees for appraising land use right certificate dossiers
The dossier appraisal fee is to serve the inspection and evaluation of red book issuance conditions. Depending on each locality, this fee may or may not be collected, with the collection level ranging from several hundred thousand to several million VND per dossier.
Land use fees when applying for a red book
Land use fees only arise in some cases such as: first-time issuance of red books for land that has not fulfilled financial obligations or change of land use purpose. This is usually the largest cost when making red books.
The level of land use fees to be paid is determined based on the land area, purpose of use, origin of land and land price according to the price list or specific land price issued by the Provincial People's Committee at the time of submitting the dossier.
In addition to the above fees and charges, people may also have to pay additional costs for cadastral surveying, contract notarization, personal income tax or service costs if hiring support units.
What should people pay attention to to avoid incurring costs for making land use right certificates?
People should proactively learn about local regulations, especially fees, charges and land price lists. Before submitting dossiers, it is necessary to contact the Land Registration Office directly for specific guidance, to avoid dossiers being returned many times, thereby limiting unnecessary risks and costs.
