Official letter No. 2007/BXD-QLN dated June 7th, 2022 of the Ministry of Construction regarding procedures for transfer of the whole or a part of a real estate project

Now, the transfer of (the whole or a part of) a real estate project must meet the rules, requirements regulated at Article 48, 49, 52 of the Law on Real estate trading No. 66/2014/QH13 and Article 9 of Decree No. 02/2022/ND-CP .

Accordingly, the transferee must be a real estate enterprise, acquire financial competence and commit to keep conducting the business and ensure that the project is conducted under the approved progress and plan.

Regarding contents about appraisal, approval of construction investment projects, they shall be carried out according to Article 60 of the Law on Construction (amended, supplemented at clause 17 Article 1 of Law No. 62/2020/QH14) and clause 3 Article 18 of Decree No. 15/2021/ND-CP.