Documents informing that future housing is eligible for purchase and sale

Notification of future housing that is eligible for purchase and sale brings many practical benefits to both buyers and investors. By owning potential assets before completion, customers not only have the opportunity to invest in quality projects but also benefit from future growth value. The article below will analyze in detail the document requirements and notification implementation process according to the latest legal regulations.

What is the housing that will be formed in the future?

Housing to be formed in the future is housing that is in the process of construction investment or has not been accepted and put into use according to the provisions of the law on construction as prescribed in Clause 24, Article 2, Law on Housing 2023.

Conditions for offering houses to be formed in the future

Pursuant to Article 24 of the Law on Real Estate Business 2023, to offer for sale houses formed in the future housing, the following conditions must be met:

1. Construction of the house has been started in accordance with the law on construction

• Have one of the following types of land use rights documents:
• Decision on land allocation;
• Decision on land lease and contract on land use rights lease;
• Decision allowing change of land use purpose;
• Certificate of land use rights;
• Certificate of housing ownership and residential land use rights;
• Certificate of land use rights, ownership of houses and other assets attached to land;
• Other certificates of land use rights and ownership of assets attached to land.

There are the following types of documents:

• Housing construction permit and application dossier for a construction permit in cases where a construction permit is required
• Notice of commencement of housing construction and housing construction design documents for cases where a construction permit is not required
• Documents on acceptance of completed construction of technical infrastructure according to project progress; In case of an apartment building or a mixed-use building with houses, there must be documents proving that the foundation construction has been accepted and completed.

2. The project investor must notify in writing the state management agency in charge of real estate business at the provincial level that the house is eligible to be sold.
3. Housing must be part of a real estate project that has been approved by a competent state agency and within the approved project has the purpose of investing in building housing for sale.
4. Meet the conditions specified in Points b, c, d, Clause 1, Points a and c, Clause 2, Article 14 of this Law.
5. Information about real estate and real estate projects put into business has been made public.
6. The construction floor area of a future housing project put into business in addition to meeting the above conditions and the conditions in Clause 3, Article 14 of this Law.

Which agency has the authority to notify eligibility for buying and selling houses to be formed in the future?

The agency competent to receive notices of future housing that is eligible for purchase and sale is the state management agency in charge of real estate business at the provincial level. Specifically, the Department of Construction where the house is located.

Components of notification profile

According to Article 8 of Decree 96/2024/ND-CP, dossiers include copies and presentation of originals for comparison or legally valid electronic copies or certified copies of the following documents:

1. Written notice of investor’s notice
2. Have one of the following types of land use rights documents:

• Decision to allocate land;
• Decision on land lease and contract on lease of land use rights according to the provisions of land law;
• Decision allowing change of land use purpose;
• Certificate of land use rights;
• Certificate of housing ownership and residential land use rights;
• Certificate of land use rights, ownership of houses and other assets attached to land;
• Other certificates of land use rights and ownership of assets attached to land according to the provisions of land law.

3. There are the following types of documents:

• House construction permit, construction project and construction permit application dossier in cases where a construction permit is required according to the provisions of construction law;
• Notice of commencement of construction of houses and construction works and design documents for construction of houses and construction works in cases where a construction permit is not required according to the provisions of the Law on Construction;

4. Minutes of acceptance of completed construction of the project’s technical infrastructure according to the project’s approved progress according to the provisions of construction law.

Consulting services and support for notification of future housing that is eligible for purchase and sale in Long Phan

Long Phan provides comprehensive consulting services on procedures for notifying future housing that is eligible for purchase and sale. Long Phan’s team of experienced experts has deep expertise in the field of real estate. Our consulting services include:

• Consulting on future real estate business conditions;
• Consulting on when future housing is eligible for purchase and sale;
• Review the components of housing offering documents to be formed in the future;
• Instructions for preparing notification documents for offering future housing and notification procedures;
• Representing to carry out administrative procedures with competent state agencies;
• Consulting on resolving problems that arise during the process of reporting that future housing is eligible for purchase and sale;
• Consulting on other issues related to real estate business formed in the future.

To ensure benefits in future housing transactions, customers need to be fully advised on documents and implementation procedures. Long Phan with high experience and expertise in the field of real estate is ready to support you. If customers have any needs, please contact Long Phan immediately via the hotline: 0906735386 for the most detailed advice.