Real estate buyers need 8 types of documents and procedures

In addition to finances, real estate investors need to prepare ID cards, household registration books, marriage status certificates, labor contracts, salary statements... to speed up transactions.

According to statistics from Timhome.vn, for legal procedures to proceed smoothly, home buyers should pay attention to preparing 2 groups of documents: the required group and the remaining group that may be needed.

The group must have:

First: Identity card, original and copy.

Second: Household registration, original and copy.

Third: Marriage certificate (if married) or marital status certificate (if not married).

Fourth: For foreigners who want to own an apartment or a single house in a commercial housing project, they need a valid passport with an entry confirmation stamp from the Vietnamese immigration authority (and are not subject to diplomatic exemptions or privileges).

Fifth: When wanting to have a joint name on the red book, the joint name holder also needs to prepare an ID card, household registration book and must sign with the buyer the real estate sale and transfer contract at the notary office.

Once the cash flow is ready, home buyers need to prepare all the necessary documents and procedures to support the smooth transaction process. Photo: Lucas Nguyen

The group may need:

Sixth: If the home buyer needs a mortgage to borrow money from the bank to buy real estate, he needs to prepare quite a lot of documents. These are: mortgage loan application using the property formed from the loan, copy of the certificate of celibacy or marriage certificate, copy of ID card, household registration or KT3 (temporary residence book). Documents proving income are required through a house rental contract or labor contract or a statement of the salary transfer account through the bank... Notarized house sale and purchase contract, pink book, land use notice, and current status drawing of the house and land must also be prepared.

Saturday: If the home buyer needs a credit loan (loan without collateral) from the bank, the buyer needs to prepare: ID card or passport, household registration book or KT3, credit loan application, documents proving employment (employment contract, salary statement...).

Eighth: When completing the notarized land sale contract, the buyer must go to the district tax office to make a declaration and pay the registration fee. The registration fee is calculated at 0.5% of the land value. At this time, the buyer must still bring his/her ID card, household registration book, marriage certificate or marital status certificate.

This unit recommends that home buyers should make multiple copies of the necessary documents to facilitate administrative procedures. When paying fees, buyers should keep the receipts in case of need. When making a deposit, it should be made in writing and buyers can request notarization of the deposit contract to protect their rights.

According to VNE