Accumulating money to buy houses can not ignore the series of changes in 2020
From the beginning of 2020, many changes in land and construction policies have come into effect such as announcing the new land price list; sanctioning administrative violations in the field of land; Registration of mortgage of land use rights and assets attached to land ... Land price list from 2020-2024 On December 19, 2019, the Government issued Decree 69/2019 / ND-CP stipulating the land price framework, on this basis, the provinces will develop and adjust the land price list applicable in the 5 years to 2020. -2024. According to calculations, the new land price frame increases about 20% compared to the period 2015-2019. Hanoi and Ho Chi Minh City are two localities in the region with the maximum price frame of 162 million dong per m2. The decree also requires provincial / municipal People's Committees to issue an adjusted land price list not higher than 20% compared to the increase of each type of land. The land price bracket for the next 5 years (2020-2024) the residential land price in some streets in Hoan Kiem district is nearly VND 188 million / m2. According to Clause 1, Article 114 of the 2013 Land Law, from January 1, 2020, People's Committees of provinces and centrally-run cities must publicize new local land price tables. Under the provisions of the 2013 Land Law, once every 5 years, the provincial People's Committees shall elaborate and publicize land price lists of all kinds on January 1 of the first year. Currently, many localities across the country are building a new land price list for the period of 2020 - 2024. In Hanoi, the People's Council of Hanoi recently approved a report on land prices in the area, applied from January. / 2020 to 12/2024. Hanoi City agreed on an adjusted price list with an average increase of 15% compared to the period of 2014-2019. Specifically, the maximum urban land price in the inner city is located in Hoan Kiem district, on streets of Hang Ngang, Hang Dao and Le Thai To, costing nearly VND 188 million / m2; the lowest price in Ha Dong district is more than 4.5 million / m2. This price list is determined as a basis for calculating land use fees; land use tax calculation; calculation of fees and charges in land management and use; calculation of fines for administrative violations in the field of land; calculating compensation for the State when causing damage in land management and use; calculating compensation and support money when the State recovers land ... Many land violations are fined up to VND 1 billion From January 5, 2020, Decree No. 91/2019 / ND-CP of the Government replaces Decree No. 102/2014 / ND-CP with many new points on sanctioning of administrative violations in the field of land. officially validated belt. In which many land violations can be fined up to 1 billion. Delaying making red books for people: Accordingly, real estate business units or receiving land use right transfer without filing, failing to provide sufficient documents to buyers who carry out procedures for issuing pink books will be fined depending on on the level of violation. In which, the lowest level is from 50 days to 6 months will be fined from 10 million to 100 million; a violation level of 6-9 months will be fined up to VND 300 million; 9-12 months, the maximum fine is 500 million dong; From 12 months upward, the maximum fine is VND 1 billion. Sub-sale of wrong land plots: According to Decree No. 91/2019 / ND-CP, from January 5, 2020, cases of transfer of land use rights in the form of land plots and sale of plots in construction investment projects housing business for sale or sale in combination with insufficient rental will be fined from VND 20 million to VND 1 billion depending on the area. If the plot is sold incorrectly, the investor will be fined up to VND 1 billion.