Luật 34/2009/QH12

Law No. 34/2009/QH12 of June 18, 2009, amending and supplementing Article 126 of the housing Law and Article 121 of the land Law

Nội dung toàn văn Law No. 34/2009/QH12 of June 18, 2009, amending and supplementing Article 126 of the housing Law and Article 121 of the land Law


THE NATIONAL ASSEMBLY
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SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom – Happiness
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No. 34/2009/QH12

Hanoi, June 18, 2009

 

LAW

AMENDING AND SUPPLEMENTING ARTICLE 126 OF THE HOUSING LAW AND ARTICLE 121 OF THE LAND LAW

(No. 34/2009/QH12)

Pursuant to the 1992 Constitution of the Socialist Republic of Vietnam, which was amended and supplemented under Resolution No. 51/2001/QHW;
The National Assembly promulgates the Law Amending and Supplementing Article 126 of Housing Law No. 56/2005/QHU of Article 121 of Land Law No. 13/2003/QH11.

Article 1. To amend and supplement Article 126 of the Housing Law as follows:

"Article 126. Right of overseas Vietnamese to own houses in Vietnam

1. Overseas Vietnamese defined below who are permitted by competent Vietnamese agencies to reside in Vietnam for three or more months may own houses for their own and their family members" residence in Vietnam:

a/ Persons having Vietnamese nationality;

b/ Persons of Vietnamese origin who return to Vietnam to make direct investment under the investment law; persons with meritorious contributions to the country; scientists, cultural scholars and persons with special skills who are needed by Vietnamese agencies or organizations and working in Vietnam; and persons who have Vietnamese spouses living in the country.

2. Persons of Vietnamese origin not defined at Point b. Clause 1 of this Article who are issued visa exemption papers by competent Vietnamese agencies and are permitted to reside in Vietnam for three or more months may each own a separate house or a condominium apartment in Vietnam for their own and their family members’ residence in Vietnam."

Article 2. To amend and supplement Article 121 of the Land Law as follows:

"Article 121. Right and obligation to use residential land of overseas Vietnamese eligible to own houses in Vietnam

1. Overseas Vietnamese defined in Article 126 of the Housing Law may own houses associated with the right to use residential land in Vietnam.

2. Overseas Vietnamese eligible to own houses associated with the right to use residential land in Vietnam have the following rights and obligations:

a/ To have rights and obligations defined in Articles 105 and 107 of this Law;

b/ To transfer the right to use residential land upon selling, donating, bequeathing or exchanging houses to/with domestic organizations or individuals or overseas Vietnamese eligible to own houses in Vietnam for residence: to donate houses associated with the right to use residential land to the State or communities, or donate houses of gratitude under Point c, Clause 2, Article 110 of this Law. If donating or bequeathing houses to persons ineligible to own houses in Vietnam, these persons may enjoy only the value of houses associated with the right to use residential land:

c/ To mortgage houses associated with the right to use residential land at credit institutions licensed to operate in Vietnam;

d/ To receive compensation under Vietnamese law upon land recovery by the State;

e/ To lease, or authorize others to manage, unused houses."

Article 3.

1. This Law takes effect on September 1, 2009.

2. The Government shall detail and guide articles and clauses as assigned in the Law; and guide other necessary contents of this Law to meet state management requirements.

This Law was passed on June 18, 2009, by the XIIth National Assembly of the Socialist Republic of Vietnam at its 5th session.

 

 

CHAIRMAN OF THE NATIONAL ASSEMBLY




Nguyen Phu Trong

 

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Loại văn bảnLuật
Số hiệu34/2009/QH12
Cơ quan ban hành
Người ký
Ngày ban hành18/06/2009
Ngày hiệu lực01/09/2009
Ngày công báo...
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Lĩnh vựcBất động sản
Tình trạng hiệu lựcKhông còn phù hợp
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Lược đồ Law No. 34/2009/QH12 of June 18, 2009, amending and supplementing Article 126 of the housing Law and Article 121 of the land Law


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          Law No. 34/2009/QH12 of June 18, 2009, amending and supplementing Article 126 of the housing Law and Article 121 of the land Law
          Loại văn bảnLuật
          Số hiệu34/2009/QH12
          Cơ quan ban hànhQuốc hội
          Người kýNguyễn Phú Trọng
          Ngày ban hành18/06/2009
          Ngày hiệu lực01/09/2009
          Ngày công báo...
          Số công báo
          Lĩnh vựcBất động sản
          Tình trạng hiệu lựcKhông còn phù hợp
          Cập nhật12 năm trước

          Văn bản thay thế

            Văn bản gốc Law No. 34/2009/QH12 of June 18, 2009, amending and supplementing Article 126 of the housing Law and Article 121 of the land Law

            Lịch sử hiệu lực Law No. 34/2009/QH12 of June 18, 2009, amending and supplementing Article 126 of the housing Law and Article 121 of the land Law