Regulations on the time to establish home ownership

Nam Dương |

A reader with email bichanhxxx@gmail.com asked: How is the time of establishing home ownership regulated?

The Lao Dong Newspaper Legal Consulting Office replied:

Article 12 of the 2023 Housing Law stipulates the time to establish home ownership as follows:

1. In case of direct investment in housing construction, the time of establishing house ownership is the time when the house construction has been completed according to the provisions of the law on construction.

2. In case of buying and selling or renting a house not falling under the cases specified in Clause 4 of this Article, the time of establishing the house ownership right is the time when the buyer or lessee has fully paid the purchase price, the purchase rental price and has received the house handover, unless the parties have agreed otherwise.

3. In case of capital contribution, donation, or exchange of housing, the time of establishing the house ownership right is the time when the contributor, the contributor, or the receiver has received the house handover from the contributor, the donor, or the exchanger, unless the parties have another agreement.

4. In case of buying and selling, renting houses between investors of housing construction investment projects and buyers and tenants, the time of establishing home ownership is implemented according to the provisions of the law on real estate business.

5. In case of inheritance of a house, the time of establishing the house ownership is implemented in accordance with the provisions of the law on civil matters.

6. Other cases shall be implemented in accordance with the provisions of relevant laws.

7. Housing transactions specified in Clauses 2, 3 and 4 of this Article must comply with the conditions for housing transactions and the contract must be effective according to the provisions of this Law.

Thus, the time of establishing home ownership is regulated as above.

Legal advice

Call the legal advice hotline: 0979310518, 0961360559 to receive a quick, timely response or email us: tuvanphapluat@laodong.com.vn for a response.

Nam Dương
TIN LIÊN QUAN

Enterprises invest in 2 housing projects for more than 13,000 workers

|

Nghe An - Luxshare ICT Group invests in 2 housing projects for workers with 3,541 apartments, providing accommodation/residence for 13,606 workers.

A series of social housing projects hit the Hanoi market

|

Hanoi - The housing market is welcoming many social housing projects, although not yet bustling, this supply has brought the market a "new breeze".

Proposal to handle social housing brokers who violate regulations

|

Hanoi - The Department of Construction proposed that the City Police strictly handle brokers who take advantage of receiving declarations and submitting documents to buy/rent/rent-purchase social housing in violation of the law.

Bac Ninh develops housing for police officers and soldiers

|

Bac Ninh - The Provincial People's Committee has just issued an official dispatch on housing development for police officers and soldiers.

Hanoi elects 4 additional members of the City People's Committee

|

Hanoi - The City People's Council has just elected 4 additional positions as members of the City People's Committee for the 2021-2026 term for 4 officials who are currently leaders of agencies and units in the area.

Hanoi names 38 new streets

|

Hanoi decided to rename the Capital Youth Park into Vo Thi Sau Park, and at the same time named 38 new streets and streets.

Starting construction of a bridge worth nearly 500 billion VND to solve traffic congestion in the South of Ho Chi Minh City

|

HCMC - This morning (September 10), the new Rach Tom bridge with an investment capital of nearly 500 billion VND has officially started construction, hoping to solve traffic congestion in the South of HCMC.

Lao Cai highland commune takes advantage of basement and health station as office

|

Lao Cai - After operating the two-level government, the province's mountainous communes have proactively arranged accommodation and workplaces for cadres despite difficulties in facilities.

Enterprises invest in 2 housing projects for more than 13,000 workers

QUANG ĐẠI |

Nghe An - Luxshare ICT Group invests in 2 housing projects for workers with 3,541 apartments, providing accommodation/residence for 13,606 workers.

A series of social housing projects hit the Hanoi market

Như Hạ |

Hanoi - The housing market is welcoming many social housing projects, although not yet bustling, this supply has brought the market a "new breeze".

Proposal to handle social housing brokers who violate regulations

HỮU CHÁNH |

Hanoi - The Department of Construction proposed that the City Police strictly handle brokers who take advantage of receiving declarations and submitting documents to buy/rent/rent-purchase social housing in violation of the law.

Bac Ninh develops housing for police officers and soldiers

Vân Trường |

Bac Ninh - The Provincial People's Committee has just issued an official dispatch on housing development for police officers and soldiers.