Key Provisions on Land and Property Registration Under Resolution 254
Several regulations regarding land registration, property attached to land, and the issuance of land use right certificates and property ownership certificates are outlined in Clause 2, Article 11 of Resolution 254.
Accordingly, in cases of mineral exploitation rights transfer as per the Law on Geology and Minerals, or when converting business types where the land user or property owner has already been issued one of the certificate types specified in Clause 1, Article 133 of the 2024 Land Law, a change registration must be conducted.
For mortgage registration of land use rights and property attached to land as stipulated in point p, Clause 1, Article 133 of the Land Law, updates are made to the land database without requiring confirmation on the issued certificate.
If the Housing Law or Real Estate Business Law specifies a submission deadline for certificate requests that differs from the Land Law’s change registration timeline, the former laws take precedence. In cases under Clause 4, Article 135 of the Land Law, a single certificate for land use rights and property ownership is issued.
Households or individuals with stable land use and holding temporary land use certificates issued by competent state agencies from October 15, 1993, onward are eligible for official certificates as per Clause 3, Article 137 of the Land Law.
Land allocated for management under Article 7 of the Land Law, if falling under Article 139, may be considered for certification in accordance with Article 139.
Resolution 254 introduces two new scenarios eligible for first-time red book issuance:
First, households or individuals holding temporary land use certificates issued after October 15, 1993, who meet the 2024 Land Law criteria, may receive official certificates.
Second, cases where state-allocated land is being used stably and for its intended purpose, meeting legal conditions, are also eligible for certificate consideration.
Retain the Land Registry Office Model
The land registration office model and its branches remain intact, operating as public service units at the provincial and regional levels, rather than being decentralized to the commune-level People’s Committees.
Clarifying the K Coefficient: HoREA’s Urgent Plea to Prevent Housing Price Hikes
The Ho Chi Minh City Real Estate Association (HoREA) has proposed clarifications on the land price adjustment coefficient (K factor) in the draft decree guiding Resolution 254. Their aim is to prevent potential spikes in housing prices by ensuring transparency and accuracy in land valuation.
Retain the Land Registry Office Model
The land registration office model and its branches remain intact, operating as public service units at the provincial and regional levels, rather than being decentralized to the commune-level People’s Committees.
Great News for Residents: Streamlined Mortgage Procedures for Land and Property Documents
Stay ahead of mortgage fluctuations and land encumbrance removals with our cutting-edge database solution, designed to accelerate the digitization of environmental and natural resource management.
Ultimate Guide to Changing Land Use Rights Certificate Registered Under Family Name
Under the new provisions of the 2024 Land Law, the process of exchanging Land Use Right Certificates for family households has been streamlined. Now, family members can mutually agree on the exchange without requiring confirmation from any authorized agency.
