ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

Hiển thị các bài đăng có nhãn Real estate dispute law firm in Vietnam. Hiển thị tất cả bài đăng
Hiển thị các bài đăng có nhãn Real estate dispute law firm in Vietnam. Hiển thị tất cả bài đăng

Thứ Hai, 29 tháng 5, 2023

Real estate dispute lawyers in Vietnam discuss land disputes

Real estate dispute lawyers in Vietnam discuss land disputes

In Vietnam, land disputes, real estate disputes, and property disputes are among the most complicated disputes that frequently arise in everyday life. Settling these sorts of debates could take time and the land question legal counselor in Vietnam could assist with distinguishing the underlying drivers and propose reasonable methodology for mollification and settlement.

Real estate dispute lawyer in Vietnam discuss land disputes

What types of land disputes in Vietnam?

Land, real estate, and property disputes typically involve high stakes and a wide range of topics, including disputes over land use rights, ownership of property tied to land use rights, rights to land use rights derived from inheritance, property division disputes during divorce, disputes over transfer and transformation transactions, leasing, subleasing, and mortgages tied to property or land use rights.

What are land disputes in Vietnam?

A land use right dispute is a disagreement between two or more parties in a land use right relationship regarding the rights and responsibilities of land users.

What should the parties do to resolve a dispute over land? There are two ways in which a land dispute can be resolved: in court or through settlement procedures at state administrative agencies.

Firstly, for some sort of land questions, placation strategy at commune-level People’s Committee of the locality a where the contested land is found is obligatory condition and method.

Specifically, on the off chance that placation by parties can't be accomplished, the gatherings might send a request for pacification to he commune-level People’s Committee of the locality where the contested land is found.

When a petition for resolving a land dispute is received by the commune-level People's Committees, the conciliation process must be completed within 45 days. Only when all of the disputing parties are present can the conciliation take place. On the off chance that any of the questioning gatherings is missing for the subsequent time, the appeasement will be viewed as ineffective.

The following two cases will be used to settle the land dispute in the event that conciliation at a commune-level People's Committee fails:

-The land, first and foremost, debate in which the party has an endorsement or any of the papers recommended in Article 100 of Land regulation and the disagreement regarding resources connected to land will be settled by People’s Court.

Second, in the case of a land dispute in which neither party possesses the aforementioned documents, the parties have a choice between the following two approaches to settlement: recording a composed solicitation for question settlement with a competent People’s Committee or documenting a claim with a competent People’s Court in accordance with the law on civil procedures.

In the second case, the chairperson of the competent People’s Committee is in charge of resolving disputes between households, individuals, and communities when the party chooses to settle at a competent People's Committee. In accordance with the law governing administrative procedures, the parties can either file a claim with the chairperson of the provincial-level People's Committee or sue in a People's Court if they are dissatisfied with the settlement decision.

In the event that one party is an association, a strict establishment, an abroad Vietnamese or an unfamiliar contributed undertaking, the executive of the common level People’s Committee is liable for the settlement. In accordance with the law governing administrative procedures, the parties have the right to file a claim with the Minister of Natural Resources and Environment or a lawsuit with a People's Court if they are dissatisfied with the settlement decision.

It ought to be noticed that the lawfully compelling choice on question settlement should be completely maintained the gatherings. Assuming the gatherings neglect to go along, the choice will be authorized.

The following grounds shall be the basis for the settlement of land disputes in which the disputing parties do not possess a certificate or any of the documents required by the Land Law or the Decree detailing a number of articles of the Land Law:

-The disputing parties' evidence regarding the land's origin and use process;

-Actual land areas that are currently occupied by the parties in addition to the land area that is in dispute and the average land area that is shared by each household in the area;

-Conformity of the disputed land's current use status with land use plans that have been approved by competent state agencies;

-Particular treatment arrangements toward people with worthy administrations to the State; Land use rights recognition, lease, and allocation regulations.

How real estate dispute lawyers in Vietnam could help?

The people of Vietnam do not own  land. Land use rights can only be purchased and sold. As previously stated, the complexity of Vietnam's land law and related regulations, as well as the country's long-standing culture of land use, could complicate disputes involving real estate, land, and property.

A mandatory condition and procedure for some kinds of land disputes is that they must be resolved at the commune-level People's Committee of the locality where the disputed land is located. The parties to other kinds of property and real estate disputes could immediately file a claim with the court. It might be difficult to differentiate between dispute resolution methods. In order to avoid or resolve a dispute, it is recommended to consult a real estate dispute lawyer in Vietnam for early guidance and representation.


Thứ Hai, 15 tháng 5, 2023

Real Estate Legal Matters in Vietnam

Real Estate Legal Matters in Vietnam

In general, private ownership of land in Vietnam is prohibited because the land belongs to the people and is administered by the State of Vietnam. What then is available to purchase when it comes to real estate? What might the purchaser own? When someone wants to invest in real estate in Vietnam, they need to understand a specific definition, as the question would be posed to real estate dispute lawyers in Vietnam.

Real Estate Legal Matters in Vietnam

You may have the right to use land in Vietnam?

According to Vietnamese law, it is permissible to own a right to use land. The means by which foreigners and Vietnamese can lease land from the state are provided by this so-called Land Use Right (LUR) Certificate. The land users are able to safeguard their legitimate rights and interests thanks to this LUR Certificate. The transfer of the seller's rights to use the land and the rights to house ownership are both part of the real estate or house sale. The right to use land can be directly obtained in a variety of ways, including: the state's lease; sublease from a zone developer; transfer from another user of the land; transfer from the state. The legitimate reason for Land and House Law of Vietnam are specified in the Law on Lodging as well as in the Law Ashore. The freedoms and privileges of holders of house possession and the holders of the LUR Testament are gotten comfortable this regulation.

In the house ownership right certificate, the name of the person who owns the house must be written, and their rights include, for example, the right to possess; use; sell; lease; donate; exchange; loan or to allow others to remain briefly in the house. The person who holds the LUR and house possession endorsement is qualified for practice the full scope of freedoms over the land/house. The Certificate of Land Use Right and House Ownership Right (LURC) therefore combines land use rights and ownership of land assets.

Can foreigners buy houses in Vietnam?

However, due to the fact that Vietnamese, overseas Vietnamese, and foreigners do not all have the same rights, the individual or organization that wishes to do so determines the possibilities for acquiring land or houses. In Vietnam, acquiring land or a home was frequently quite challenging, particularly for foreigners. Before 2009, foreigners could only form a joint venture with a Vietnamese company and could not legally acquire property. Yet, the Goal No. 19/2008(ND-QH12) began allowing foreigners to own homes in Vietnam in January 2009, with the requirements that the foreigner 1) be employed by a company that is currently operating in Vietnam and 2) possess at least a temporary residence card in order to purchase and own an apartment unit in Vietnam. The Vietnamese Prime Minister is currently debating whether or not to extend this five-year piloting program, which will come to an end in 2014, in order to support the real estate market and make it more appealing to foreigners.

After the first five years, the government said it would review the pilot policy. The Ministry of Construction also said it would open up the possibility of letting foreigners buy houses regardless of whether they work and do business in Vietnam or want to buy real estate in Vietnam.

It is essential to remain current on all legal modifications and developments given that the real estate situation in Vietnam appears to be approaching a turning point. It is necessary to be aware of these legal circumstances in Vietnam because Vietnamese law has special provisions for every organization or individual who wishes to operate with land and real estates related to House Law.

How real estate dispute lawyers in Vietnam could help?

ANT lawyers are aware of the distinctions between Vietnamese and foreign house law provisions and can offer assistance in a variety of projects and matters involving land and houses, including land ownership and house purchase or sale. In addition to assisting clients with the necessary procedures with the Vietnamese authorities, our professionals are able to provide clients with guidance regarding the possibilities and risks associated with Vietnamese real estate and housing laws.

ANT Lawyers, as a reliable law firm in Vietnam always follow up real estate dispute cases and their development to update clients on regular basis.

 

New Conditions on Real Estate Purchase and Sale in Vietnam

New Conditions on Real Estate Purchase and Sale in Vietnam

The activities of real estate businesses have a significant impact on socio-economic development. As a result, the government has issued Decree 02/2022/ND-CP (the "Decree") detailing the implementation of a number of articles of the Law on Real Estate Business in order to promptly amend and supplement inadequate regulations to be consistent with reality in order to ensure the legal framework for the current real estate business activities. where the terms for the transfer of lease-purchase, purchase-sale, and construction-related contracts are mentioned.


Although there are no regulations regarding the transfer of contracts for the sale of non-residential real estate that will not be formed in the future, there is a high demand on the market for the transfer of purchase and sale contracts, lease-purchase of houses, real estate, and construction works. Consequently, there is no lawful premise to complete these exchanges as a general rule. As a result, Decree 02/2022/ND-CP has undergone a number of modifications and additions, has overcome some limitations compared to the past, and is anticipated to address deficiencies and issues.

As a result, Decree 02/2022/ND-CP combines specific regulations with conditions for the transfer of contracts for the purchase and sale of future homes and lease-purchase contracts for existing homes and construction projects.

First, a legally binding purchase and sale or lease purchase contract is required for the transfer of the contract. Therefore, these contracts must ensure that each transferred real estate object complies with the terms of the transfer agreement form, whether it's a Contract for Sale, Purchase, Lease, and Purchase of an Apartment, Tourist Apartments (Condotel), Office Apartments with Accommodation (Officetel), etc. Also, the signed contract must be present in cases where the parties signed it before Decree 02/2022/ND-CP went into effect. As a result, parties should ensure the legality of their respective contracts in terms of form and date of establishment when transferring these kinds of contracts.

Second, the transfer contract must be in the category that has not yet submitted a request to a competent state agency for the issuance of a certificate of ownership of houses and other land-attached assets, as well as land use rights. This arrangement has been referenced in the past guidelines for the exchange of land contracts shaped from now on. This has remained a necessary regulation up until this point in order to eliminate the possibility of a real estate bearing two or more certificates for the same object and prevent the handling of licensing procedures from overlapping.

Thirdly, there must be no disputes or lawsuits in the contract of sale, purchase, lease-purchase, and construction work. As a result, the disputed contract will not be utilized for transfer. The prohibition against transferring property rights to the disputed property is in line with this provision. Therefore, in order for the parties to have a foundation for the transfer of the contract, they must first settle the dispute. Real estate dispute lawyers in Vietnam must be consulted for appropriate dispute resolution in many complex cases.

Fourthly, houses and development works that are the subject of procurement and deal or rent buy contracts should not be dependent upon distraint or home loan to get the presentation of commitments as recommended by regulation. As of late, the peculiarity of moving these agreements has expanded with genuinely disregarded the arrangements of the law, making it hard for pertinent equipped power to deal with, in any case making harms the transferee without grasping the legitimate issues for the transferor in the agreement. Nonetheless, with the rule of regarding the understanding of the gatherings, the law actually permits the task of the agreement for this situation in the event that the mortgagee concurs and this assent should be recorded explicitly to keep away from questions later.

It is evident that the highlight of Decree 02/2022/ND-CP has initially resolved the deficiencies in the transfer contract for office apartments (Officetel) and tourist apartments (Condotel), providing the relevant competent authority with a legal foundation on which to handle the requirements. Additionally, Decree 02/2022/ND-CP has contributed to the development of a more transparent mechanism that enables participants to actively comply with regulations on effective real estate business contracts, thereby reducing contract disputes in Vietnam and fostering a safer and more long-term real estate market there.

ANT Lawyers, as a reliable law firm in Vietnam always follow up real estate dispute cases and their development to update clients on regular basis.

 

Thứ Năm, 4 tháng 5, 2023

Why Client Should Retain Real Estate Dispute Lawyers in Vietnam?

Why Client Should Retain Real Estate Dispute Lawyers in Vietnam?

Foreigners are becoming increasingly interested in investing and purchasing real estate as a result of changes in the law that are attracting foreigners to live and invest in Vietnam. However, the law regarding real estate ownership and transactions is complicated, particularly for foreigners, given that real estate is a valuable asset.




In Vietnam, the entire population owns land, with the State acting as the owner's representative and managing the land uniformly. Therefore, land users will have the right to use the land in Vietnam without private ownership. Foreigners are prohibited from owning land use rights in Vietnam under the Land Law of 2013. It only permits businesses with foreign investments to use land through leases or allocations.

According to the Law on Housing, foreigners are permitted to own homes in Vietnam even though they do not have rights to use land. Furthermore, the Law on Land Business has specific impediments for unfamiliar financial backers to direct land business in Vietnam and should meet the legitimate necessities.

To minimize risks, foreign investors investing in Vietnam who intend to use the land for business purposes, conduct real estate business in Vietnam, or simply purchase and own real estate in Vietnam should be aware of the legal provisions governing the conditions of implementation, orders, and procedures. In Vietnam, the assistance of real estate dispute lawyers will be valuable.

In Vietnam, real estate lawyers would be well-versed in the Land Law, Housing Law, Real Estate Law, and related regulations. In addition, they would have practical experience supporting real estate transactions, resolving disputes, and carrying out legal procedures in Vietnam. The real estate dispute lawyers in Vietnam could talk about the conditions for doing business in real estate and the restrictions on foreign organizations and individuals' land use rights in Vietnam. In order to better work with state agencies to obtain land use rights for businesses and individual home ownership rights, the foreigners could benefit from the assistance of lawyers upon request.

Real estate lawyers may also offer assistance with legal due diligence of the real estate in order to reduce clients' legal risk when carrying out real estate-related transactions like buying, selling, transferring, renting, and leasing. Before the developer and the people who are eligible to enter into the transaction, it is essential to evaluate the property's legal status, the owner, and whether the property is the subject of a dispute or additional government requirements. Likewise, the lawyers in Vietnam can encourage clients to draft or survey the arrangements, deal as well as the cycle to authorize the interaction to consent to the law in Vietnam.

ANT Lawyers, as a reliable law firm in Vietnam always follow up real estate dispute cases and their development to update clients on regular basis.

 

Thứ Tư, 3 tháng 5, 2023

What Are Real Estate Issues During Transaction?

What Are Real Estate Issues During Transaction?

The buyer and seller would neglect to use lawyers until real estate dispute lawyers in Vietnam are needed.

The real estate market is generally an appealing business sector with an enormous wellspring of possible speculative benefits for financial backers. Since the land exchange is in every case high in worth, and purchasing a property for the vast majority is consistently a day-to-day existence time significant choice, and ordinarily with the monetary help from the bank, consequently in the created country, real estate dispute attorneys are constantly associated with all means of the exchange to guarantee the genuine exchange of the property. Real estate dispute lawyers in Vietnam will then be referred to for guidance and representation whenever a dispute arises.



Disputes arising from the sales and purchase agreement and deposit agreement in Vietnam

In point of fact, the majority of real estate transactions in Vietnam are carried out by the buyers and sellers themselves without the assistance of real estate attorneys. As a result, numerous disputes arise as a result of these transactions regarding the property deposit agreement, the property sales and purchase agreement between the buyer and the real estate developer for a new property, or the agreement between the buyer and the previous owner for a resale property.

Since residential property is one of the most frequently traded types of real estate, it is important to ensure that the conditions for property transfer are met before participating in property-related transactions. For a transfer to be successful, the related parties must adhere to and fulfill the aforementioned conditions.

Conditions for the property to be transferred: free from claim or dispute from other parties

The fundamental elements of the property transfer transaction include the following: The transferred property is not the subject of a claim, complaint, or ownership dispute; In the case of property owners with a specific term, the transferred property must be within the ownership period; The transferred property is not restricted for the purposes of judgment enforcement or compliance with administrative decisions made by competent state agencies that are legally effective; A decision on land recovery or a notice of house clearance or demolition from a competent agency is not required for the transferred property.

The property transferor must fulfill the following requirements for the parties to the property transaction:

Seller of the property has the right to sell or not?

The person or entity permitted or authorized by the owner to carry out the transaction on property in accordance with the provisions of the law is the transferor;

The person who bought the house from the investor or the person who has received the transfer of the house purchase and sale contract is the transferor in the case of a commercial house purchase and sale contract.

In accordance with civil law, the transferor must be an individual with full civil act capacity to conduct housing transactions;

Unless the organization donates a home out of gratitude or charity, the transferor must have legal status if it is an organization.

Can the buyer meet conditions to buy the property?

At the same time, the transferee shall also meet the conditions, specifically including the following conditions:

It is not necessary for the transferee to have a permanent residence registration in the location where the transferred housing is located; instead, as long as the transferee is a domestic individual, they will have full civil act capacity to conduct property transactions in accordance with civil law.

Under Vietnam law, the transferee must have full civil capacity to conduct housing transactions if they are a foreigner or an overseas Vietnamese. In addition, according to Vietnamese law, this individual must be eligible to own homes, and neither temporary nor permanent residence registrations are required at the location where the transferred housing is located;

Assuming the transferee is an association, it will have lawful status and not rely upon the business environment enlistment and foundation; on the off chance that it is an unfamiliar association, it should be qualified to claim a house in Vietnam as per the arrangements of regulation; assuming that the association is approved to figure out how to house, it should have the capability of giving land benefits and be working in Vietnam under the law on land business.

What are potential disputes during the property transaction?

There are also disputes arisen from situations in particular:

One of the parties would like to exit the transaction if the property's market price rises or falls during the transaction.

The deals and acquisition of property is finished and enrolled at the authority yet the merchant keep on living there won't surrender the property for certain purposes behind some obscure time.

When compared to the property details outlined in the sales and purchase agreement, the developer may alter the property's design.

The property's quality does not meet the terms of the sales and purchase agreement.

Additionally, when entering into a property transaction, one may need to pay close attention to fraudulent acts in the sale and purchase of property.

How real estate dispute lawyers in Vietnam could help?

As said, there are what is happening that question could emerge in a real estate transaction. It is essential to connect law firm spend significant time in land exchange for trading property in Vietnam to stay away from expected debates and safeguard their wellbeing for dealer and defend venture for purchaser. In the event of a dispute, real estate dispute lawyers in Vietnam should be hired by the buyer or seller.

Thứ Ba, 12 tháng 4, 2022

Conditions for Foreigners When Buying Houses in Vietnam


With open-door policies and a stable socio-economic situation, Vietnam is one of the countries with great attraction to foreign investors. There are many foreign individuals and organizations come to Vietnam to live and work and a number of foreigners or foreign organizations wish to buy houses or apartments. Many real estate developers also wish to expand the customers base through selling houses and apartments to foreigners in Vietnam.


Real Estate Dispute Law Firm in Vietnam

However, according to current law, foreigners or foreign organizations can buy houses and apartment in Vietnam; and real estate developers could sell houses and apartments in Vietnam but must meet some conditions.

First of all, to be able to buy a house in Vietnam, foreign individuals and organizations must be one of the subjects that can own houses in Vietnam. Specifically, foreign organizations and individuals that are allowed to own houses in Vietnam include: (i) foreign organizations and individuals investing in housing construction under projects in Vietnam; (ii) foreign-invested enterprises, branches, representative offices of foreign enterprises, foreign investment funds and foreign bank branches operating in Vietnam; (iii) foreigners whom are allowed to enter Vietnam. Accordingly, to be able to buy a house in Vietnam, these subjects must prove that they fully meet the conditions prescribed by law.

Specifically, foreign organizations and individuals investing in housing construction under projects in Vietnam must have an Investment Certificate and have houses built in the project according to regulations. For foreign organizations, they must set up company in Vietnam, have an investment certificate or a document related to being allowed to operate in Vietnam, issued by a competent Vietnamese state agency. Foreign individuals must be subject to permission to enter Vietnam and not be entitled to diplomatic and consular privileges and immunities.

Besides, depending on each different object, the documents proving the object and conditions for owning a house in Vietnam vary. For a foreign individual, s/he must have a valid passport with an entry verification stamp of the exit and entry management agency of Vietnam and not be eligible for special privileges and immunities. On the other hand, for foreign organizations, they must be eligible to own houses and have an Investment Registration Certificate or a document authorized by a competent Vietnamese agency to operate in Vietnam. In addition, these individuals and organizations should note that these documents must be valid at the time of signing the housing transactions.

Therefore, if organizations and individuals meet the above conditions, foreign individuals and organizations can purchase houses in Vietnam. However, it should be noted that foreign individuals can only own houses in Vietnam in the form of apartments or separate houses in an investment project to build commercial housing.

In addition, foreigners are also not allowed to purchase houses in areas that are subject of national defense and security under Vietnamese law. Further, foreign organizations and individuals are also limited in the number of ownership. Accordingly, foreign organizations and individuals are only allowed to own no more than 30% of the total number of apartments in an apartment building, and no more than 10% for an individual housing project of less than 2,500 units.

In general, purchasing houses for foreign individuals and organizations are subject to complicated legal conditions. Therefore, in order to ensure that the purchase of housing in Vietnam is in accordance with the regulations and to limit the risks arising, relevant individuals and organizations need to learn and seek legal advice and support from real estate dispute law firm in Vietnam