Highlights of New Real Estate Business Law: Enhanced Home Buyer Protections, Reduced Dispute Risks
PolicyThe new Real Estate Business Law will enhance transparency and disclosure of project information, providing buyers with greater access to accurate and reliable data. This will strengthen consumer protection and mitigate the risk of disputes.
Government to withdraw Land Law amendments proposal: fate of condotel, officetel undecided
PolicyThe Government has submitted to the National Assembly a proposal to withdraw Amendments Law of the Land Law from the 2019 law and ordinance development program.
Revising 37 laws related to to planning: the Government needs to provide further explanation
PolicyThere are many different opinions on the amendment of some articles of the Law on Construction and Land Law, and the Government has been requested to provide clarification documents for these two items.
Pending projects - Issues and Solutions
PolicyAccording to unofficial statistics, the country has thousands of pending projects which cause waste of land and frustration in society. In the long run, it is necessary to amend and supplement the Land Law to solve and avoid this situation as well as to synchronize with other laws in order to enforce proper project implementation.
