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blue-check Regarding procedures for recognition of a commercial housing project owner

Official letter No. 3886/BXD-QLN dated September 21st, 2021 of the Ministry of Construction regarding guidelines on carrying out procedures for recognition of a commercial housing project owner
Posted: 29/9/2021 4:19:23 PM | Latest updated: 10/10/2021 7:49:54 PM (GMT+7) | LuatVietnam: 5308 | Vietlaw: 532
VietlawOnline

According to clause 5 Article 1 of Decree No. 30/2021/ND-CP, if there is only one investor that is the winner of the bidding for a commercial housing construction project, it is not required to carry out procedures for recognition of the project owner.

However, if multiple investors are approved, they have to authorize a qualified investor to act as the project owner or establish an organization to carry out procedures for recognition of the commercial housing project owner.

Notably, according to clause 5 Article 1 of Decree No. 30/2021/ND-CP, in the application for recognition of a commercial housing project owner, it is required to have documents proving the rights to use land.

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Published Vietlaw's Newsletter No. 532
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Land and Housing