New regulations on compensation when the State recovers land from August 1, 2024

New regulations on compensation when the State recovers land from August 1, 2024

On July 15, 2024, the Government issued Decree 88/2024/ND-CP regulating compensation, support, and resettlement when the State recovers land. Below are some notable contents of this Decree:   Compensation in the form of land with a use purpose other than the type of land recovered or in the form of housing when the State recovers […]

Individuals Eligible to Practice Land Valuation Consulting with Three Conditions

Individuals Eligible to Practice Land Valuation Consulting with Three Conditions

On June 27, 2024, the Government issued Decree no. 71/2024/ND-CP on land valuation. The area to build the land price list for each land plot based on the value area, the standard land plot must ensure the following conditions:   Having a Digitized Cadastral Map: The map must be revised and updated when there are […]

Approaches and Methods for Real Estate Valuation Applicable

Approaches and Methods for Real Estate Valuation Applicable

On June 20, 2024, the Minister of Finance issued Circular No. 42/2024/TT-BTC on Vietnamese Valuation Standards for Real Estate Valuation. These standards provide guidelines for real estate valuation in accordance with the pricing laws. These standards do not apply to land valuation under land law. The approaches applied in real estate valuation include: - Market […]

Draft Resolution on piloting commercial housing projects through agreements on receiving land use rights or having land use rights that are not residential land

Draft Resolution on piloting commercial housing projects through agreements on receiving land use rights or having land use rights that are not residential land

On June 18, 2024, the National Assembly issued a Draft Resolution on piloting the implementation of commercial housing projects through agreements on receiving land use rights or having land use rights that are not land. landscape.  This draft Resolution stipulates pilot implementation of commercial housing projects through agreements on receiving land use rights or having […]