Headlines 23/06/2022 14:48 CH

Addition of methods for online registration of issuing land use right certificates upon purchasing off-plan property in Vietnam in the near future

Như Mai

This is a content of Decision No. 721/QD-TTg dated June 16, 2022 of the Prime Minister of Vietnam approving the plan to reduce and simplify regulations related to business activities under the State management of the Ministry of Natural Resources and Environment.

To be specific, Decision No. 721/QD-TTg prescribes reduction in procedures for issuance of land use right certificates for housing development plans (for provinces where land registration offices are established) (administrative procedural code: 1.002273) as follows:

- Allow methods for registration and issuance certificates of land use rights and ownership of housing and other property on land for transferees of rights to use land, purchase houses, and construction works in housing development plans through online public services.

 Availability of registration via online public services shall depend on IT infrastructures and land database under management of provinces.

- Connect and share online data and interconnection between tax authorities, single-window divisions, banks and/or intermediary payment service providers, etc. in order to allow online payment of land-related financial obligations on the national public service portal.

- Implementation duration: 2022-2025.

For more details, see Decision No. 721/QD-TTg, which comes into force from the day on which it is signed.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMES

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