Who has the authority to lease agricultural land?

Thạch Lam (T/H) |

Below are the regulations on the authority to lease agricultural land according to the provisions of the 2024 Land Law, readers can refer to.

Who is allowed to lease agricultural land?

Pursuant to Article 120 of the 2024 Land Law, the State currently leases agricultural land in two forms: annual land lease and one-time land lease. The subjects eligible for agricultural land lease include:

Authority to lease agricultural land

Pursuant to Article 123 of the 2024 Land Law, the authority to lease agricultural land belongs to the following entities:

- Provincial People's Committees have the authority to lease land to domestic organizations; religious organizations, affiliated religious organizations; people of Vietnamese origin residing abroad, economic organizations with foreign investment capital and foreign organizations with diplomatic functions.

- District People's Committees have the authority to lease land to individuals and residential communities.

- In case of leasing land to individuals for commercial and service purposes with an area of ​​≥ 0.5 ha: Must have written approval from the Provincial People's Committee before making a decision.

- The People's Committee at the commune level has the authority to lease land from the agricultural land fund for public purposes of the commune, ward, or town.

Thạch Lam (T/H)
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Businesses are about to be allowed to buy agricultural land for housing projects?

Thạch Lam |

The Government proposes that investors agree to receive the right to use agricultural land, non-agricultural land that is not residential land, and other land in the same plot to do commercial housing projects.

How much does it cost to transfer agricultural land ownership under the new law?

Thạch Lam (T/H) |

Below are the conditions and costs for transferring agricultural land ownership applicable to cases of transfer and donation, readers can refer to.

Should we invest in agricultural land to convert it to residential land

Thạch Lam (T/H) |

Currently, some real estate investors with little capital often buy agricultural land plots waiting to convert into residential land.