Decree No. 44/2014/ND-CP dated May 15th, 2014 of the Government regulations on land prices
This Decree regulates methods for land pricing, adjustment to land price brackets and land price lists, specific land pricing and provision of consultancy on land pricing. read more
According to Article 20 of this Decree, the organizations providing consultancy on land pricing must:
i) Be licensed to provide consultancy on land pricing, real estate valuation or consultancy on real estate valuation;
ii) Have at least 3 pricing experts eligible to provide consultancy on land pricing.
This Decree takes effect from July 1st, 2014. The table of land prices of the year 2014 promulgated by provincial people’s committees shall be applied to the end of December 31st, 2014.
This Decree replaces the Decree No. 188/2004/ND-CP , Decree No. 123/2007/ND-CP dated July 27th, 2007 and annuls the regulations on the land prices prescribed in Clause 6 Article 1 in Decree No. 189/2013/ND-CP dated November 20th, 2013.
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