For housing construction investment projects, according to Clause 2, Article 18 of Decree No. 99/2015/ND-CP detailing and guiding the implementation of a number of articles of the Law on Housing (amended and supplemented at Clause 5, Article 1 of Decree No. 30/2021/ND-CP), the investor with the right to use the land shall have the investment policy approved and concurrently identify that investors who can run the commercial housing construction project, have to sastify all the following conditions.
- Having the legal right to use residential land;
- Having the lawful right to use residential land and other types of land permitted by a competent state agency to change the land use purpose to residential land;
- Receive the transfer of residential land use rights in accordance with the law on land to build commercial houses.
Documentary Editorial Board, DBRC,
Dong Du International Accounting & Legal Consulting Group Vietnam
Southeast Asia Business Consulting Network
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