Deadline and responsibility for apartment building warranty under the new law

Như Hạ |

The time limit and responsibility for apartment warranty are issues that residents need to understand during the use of apartment buildings.

1. How long is the apartment warranty period?

Pursuant to Clauses 1 and 2, Article 129 of the 2023 Housing Law stipulating the following housing warranty as follows:

- Organizations and individuals for construction of houses must warrant houses in accordance with the law on construction; Organizations and individuals supplying housing equipment must be warranted for the time limit prescribed by the manufacturer.

In case of investing in building houses for sale or rent, the seller or the rental party buys houses shall have to warrant the house as prescribed. The seller, the lessee buying houses has the right to request organizations and individuals to construct and provide equipment to perform warranty responsibilities in accordance with the law.

- Housing has been warranted since the completion of construction and acceptance to use with the following time limit:

Minimum of 60 months: for apartment buildings.

Minimum of 24 months: for individual houses.

According to the above provisions, the warranty period for apartment buildings is at least 60 months.

2. Who is responsible for warranty for apartment buildings?

At Point h, Clause 1, Article 19 of the Law on Real Estate Business 2023 (effective from 1.1.2025) stipulates the seller, lease, rent for housing, construction works, construction floor area in Construction works have obligations, including obligations to warranty housing, construction works, construction floor area in construction works according to agreements in contracts and law provisions.

Thus, the seller is the responsible person who must warrant the apartment building within the time limit prescribed by law. At the same time, the seller has the right to request organizations and individuals to build and supply equipment responsible for carrying out the warranty if it is within the warranty period.

Như Hạ
TIN LIÊN QUAN

High prices make apartments less attractive, land plots take the lead

|

High apartment prices have made this segment less attractive due to concerns about liquidity and profitability, while land plots are attractive thanks to good room for price increases.

The average primary price of apartments in Ho Chi Minh City reaches 84 million VND/m2

|

In 2024, the average primary selling price of apartments in Ho Chi Minh City will be about 84 million VND per square meter, an increase of 15% over the same period in 2023.

Primary selling price of Hanoi apartments increased to 76.7 million VND/m2

|

In 2024, apartments will lead in real estate transactions in Hanoi with 67,000 units, accounting for 57% of the total market.

Current state of degradation in the old apartment complex on Hanoi's prime land

|

Kim Lien apartment complex is located on prime land in Hanoi but is now seriously degraded, greatly affecting people's lives.

Risk of Ukraine being controlled when the conflict ends

|

Hungarian Prime Minister Viktor Orban said that the conflict in Eastern Europe is essentially an effort by the West to put Ukraine under control.

Tomorrow, Hanoi will reorganize traffic on the 8-lane road

|

Hanoi - On February 24, the authorities will fence off the Tran Huu Duc - Nguyen Van Giap intersection and turn off the light signal at this intersection to reduce traffic conflicts.

Proposal to handle the Party of the Director of Binh Dinh Market Management Department

|

After issuing a disciplinary decision, the Ministry of Industry and Trade proposed that the Binh Dinh Provincial Party Committee consider handling the Director of the Market Management Department of Binh Dinh province to the Party.

Many northern mountainous provinces may be subject to merger

|

Many northern mountainous provinces are in the group of provinces and cities that do not simultaneously meet both criteria on area and population when studying the merger plan.

High prices make apartments less attractive, land plots take the lead

Lục Giang |

High apartment prices have made this segment less attractive due to concerns about liquidity and profitability, while land plots are attractive thanks to good room for price increases.

The average primary price of apartments in Ho Chi Minh City reaches 84 million VND/m2

Như Hạ |

In 2024, the average primary selling price of apartments in Ho Chi Minh City will be about 84 million VND per square meter, an increase of 15% over the same period in 2023.

Primary selling price of Hanoi apartments increased to 76.7 million VND/m2

Linh Trang |

In 2024, apartments will lead in real estate transactions in Hanoi with 67,000 units, accounting for 57% of the total market.